A compliance analyst is reviewing recent activity between a publicly traded company and a company in a high risk jurisdiction. Which detail suggests that escalation is warranted?
A.
The activity is a reputational risk to the financial institution.
B.
It is the first time the originator wires the beneficiary.
C.
Beneficiary is active in a related industry.
D.
Payments to the beneficiary are for large dollar amounts.
Most Votes
Answer:
D
User Votes:
A 46 votes
50%
B 5 votes
50%
C
50%
D 53 votes
50%
Discussions
0/ 1000
Sorak
1 year, 4 months ago
A is reputational risk
AnaA.
1 year, 3 months ago
D. Les paiements au bénéficiaire concernent des montants importants.
alban_999
4 days, 10 hours ago
Activities that pose a reputational risk can impact the institution's credibility, customer trust, and overall business operations.
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A is reputational risk
D. Les paiements au bénéficiaire concernent des montants importants.
Activities that pose a reputational risk can impact the institution's credibility, customer trust, and overall business operations.