cams question 328 discussion

Question 328

A profitable commercial customer who operates an import-export business has multiple accounts
with the same institution at branches m different locations. The customer receives funds from a
jurisdiction perceived as highly corrupt according to Transparency International ratings. The
customer makes frequent transfers among the accounts and prefers to manage the accounts
separately. What should the institution do to mitigate the risk associated with these accounts?

• A. File a suspicious transaction report
• B. Diminish the importance of the subjective Transparency International rating
• C. Conduct a trade-price manipulation analysis
• D. Develop a system to monitor all the activity Most Votes