Which is the main objective when a financial institution (FI) conducts an investigation?
A.
Keep policies and procedures updated
B.
Keep all the documentation
C.
Know the customer
D.
Track the movement of the money
Most Votes
Answer:
A
User Votes:
A 28 votes
50%
B 15 votes
50%
C 25 votes
50%
D 82 votes
50%
Discussions
0/ 1000
tinaguha
1 year, 5 months ago
Track the movement of the money
Sorak
1 year, 4 months ago
D follow the money
neginarotam
1 year, 4 months ago
D. Track the movement of the money
AnaA.
1 year, 3 months ago
D. Suivre le mouvement de l'argent
Allam
1 year, 1 month ago
Follow the money
adnan_shaikat
9 months, 2 weeks ago
Track the movement of the money
adnan_shaikat
9 months, 1 week ago
D. Track the movement of the money
ndhami
6 months, 2 weeks ago
Know the customer
dionette_tayl
1 month, 3 weeks ago
C. Know the customer
rahuljoshua
2 weeks, 5 days ago
The main objective when a financial institution conducts an investigation is to track the movement of money to identify any suspicious activity, such as money laundering or terrorist financing. This helps ensure that the financial institution can detect, prevent, and report any illicit transactions as part of its anti-money laundering (AML) compliance obligations.
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Track the movement of the money
D follow the money
D. Track the movement of the money
D. Suivre le mouvement de l'argent
Follow the money
Track the movement of the money
D. Track the movement of the money
Know the customer
C. Know the customer
The main objective when a financial institution conducts an investigation is to track the movement of money to identify any suspicious activity, such as money laundering or terrorist financing. This helps ensure that the financial institution can detect, prevent, and report any illicit transactions as part of its anti-money laundering (AML) compliance obligations.