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Question 403

An analyst reviewing trade finance transactions notices an increase in price of 25% over 12 months
for commodities with the same specification and quantity. Which action should the analyst take?

  • A. Produce an investigation report that finds evidence to substantiate the analyst's suspicion and submit a SAR/STR.
  • B. Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost. Most Votes
  • C. Produce an updated due diligence record for the client so that monitoring can be enhanced.
  • D. Produce a SAR/STR that describes apparent trade-based money laundering and submit to the Financial Investigation Unit (FIU).
Answer:

B


User Votes:
A 70 votes
50%
B 138 votes
50%
C 60 votes
50%
D 41 votes
50%
Discussions
0 / 1000
tinaguha
1 year, 4 months ago

Product a SAR/STR that describes apparent trade-based money laundering and submit to the FIU.

abbass.yousaf2000
1 year, 3 months ago

C. Produce an updated due diligence record for the client so that monitoring can be enhanced.

neginarotam
1 year, 3 months ago

C.Produce an updated due diligence record for the client so that monitoring can be enhanced.

laneshapenrose
1 year, 2 months ago

D. Produce a SAR/STR that describes apparent trade-based money laundering and submit to the Financial Investigation Unit (FIU).

AnaA.
1 year, 2 months ago

B. Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost.

AnaA.
1 year, 2 months ago

B. Produire un rapport d'enquête qui prend en compte l'activité du client et les facteurs qui peuvent avoir légitimement affecté le coût de transaction.

AnaA.
1 year, 2 months ago

D. D. Produire un rapport d’enquête qui tient compte de l’activité du client et des facteurs qui peuvent avoir légitimement eu une incidence sur le coût de la transaction.

AnaA.
1 year, 2 months ago

B. Produire un rapport d'enquête qui prend en compte l'activité du client et les facteurs qui peuvent avoir légitimement affecté le coût de transaction.

adnan_shaikat
1 year, 2 months ago

Produce an updated due diligence record for the client so that monitoring can be enhanced.

adnan_shaikat
1 year, 2 months ago

C. Produce an updated due diligence record for the client so that monitoring can be enhanced.

dinbits
1 year, 1 month ago

Activity is not inherently suspicious but requires scrutiny, the answer is B.

AravindBharathy
1 year, 1 month ago

B. Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost.

Sheila
1 year, 1 month ago

The answer is B

ldj32780
1 year ago

B and C. C because it would notify tellers at the branch.

sunnyvarughese
1 year ago

Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost.

sunnyvarughese
1 year ago

Produce an updated due diligence record for the client so that monitoring can be enhanced.

orgertaabazi
11 months ago

B. Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost.

sulekhasingh
10 months ago

Produce a SAR/STR that describes apparent trade-based money laundering and submit to the Financial Investigation Unit (FIU).

dion_loef
9 months, 1 week ago

B. Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost.

Jenren
7 months, 3 weeks ago

Produce an investigation

maheshwari.pratik23
6 months, 2 weeks ago

Produce an investigation report that finds evidence to substantiate the analyst's suspicion and submit a SAR/STR.

maheshwari.pratik23
6 months, 2 weeks ago

Produce an investigation report that finds evidence to substantiate the analyst's suspicion and submit a SAR/STR.

lamiyehi
6 months, 1 week ago

A. Produce an investigation report that finds evidence to substantiate the analyst's suspicion and submit a SAR/STR.

Radhika
5 months, 3 weeks ago

D is the right choice

ndhami
5 months, 1 week ago

Produce an updated due diligence record for the client so that monitoring can be enhanced.

kaklimala
5 months ago

Produce an updated due diligence record for the client so that monitoring can be enhanced.

lf
1 month, 1 week ago

B. Produce an investigation report that considers client activity and factors that may have legitimately affected transaction cost. Most Votes

dionette_tayl
3 weeks, 4 days ago

A. Produce an investigation report that finds evidence to substantiate the analyst's suspicion and submit a SAR/STR.

dionette_tayl
3 weeks, 4 days ago

A. Produce an investigation report that finds evidence to substantiate the analyst's suspicion and submit a SAR/STR.