Which key factor would result in the decision for a financial institution (FI) to exit a client relationship?
A.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
Most Votes
B.
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
C.
Closing the client accounts will help reduce the number of transaction monitoring alerts.
D.
Client transactions generate ongoing transaction monitoring alerts that did not result in any SAR/STR filings.
Answer:
A
User Votes:
A 221 votes
50%
B 64 votes
50%
C 6 votes
50%
D 10 votes
50%
Discussions
0/ 1000
tinaguha
1 year, 5 months ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
abbass.yousaf2000
1 year, 4 months ago
B. The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available
neginarotam
1 year, 4 months ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
laneshapenrose
1 year, 4 months ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
AnaA.
1 year, 3 months ago
B. Le client est un organisme de bienfaisance enregistré connu pour envoyer des fonds vers des zones géographiques à haut risque où les informations disponibles en matière de diligence raisonnable sont limitées.
AnaA.
1 year, 3 months ago
Un. Après avoir évalué tous les facteurs de risque, le niveau de risque résiduel du client dépasse l’appétit pour le risque de l’institution financière.
AnaA.
1 year, 3 months ago
A. Après avoir évalué tous les facteurs de risque, le niveau de risque résiduel du client dépasse l'appétit pour le risque de l'IF.
adnan_shaikat
1 year, 3 months ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
adnan_shaikat
1 year, 3 months ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
dinbits
1 year, 3 months ago
Answer is, A. If the risk factors exceed the appetite, also known as an exposure calculation.
Sheila
1 year, 2 months ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
ldj32780
1 year, 2 months ago
I would also look closely at B and add notes to the account for enhanced scrutiny of the account.
sunnyvarughese
1 year, 1 month ago
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
sunnyvarughese
1 year, 1 month ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
CSP82
1 year ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
sulekhasingh
11 months, 1 week ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite
dion_loef
10 months, 2 weeks ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite
kmurtaza465
10 months ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
kmurtaza465
10 months ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
Jenren
8 months, 4 weeks ago
After assessing
lamiyehi
7 months, 2 weeks ago
B. The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
nagesh
7 months ago
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available
Radhika
6 months, 4 weeks ago
A & B is the right choice
ndhami
6 months, 2 weeks ago
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
kaklimala
6 months ago
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
rodrigomcf
5 months, 2 weeks ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
dionette_tayl
2 months ago
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
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After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
B. The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
B. Le client est un organisme de bienfaisance enregistré connu pour envoyer des fonds vers des zones géographiques à haut risque où les informations disponibles en matière de diligence raisonnable sont limitées.
Un. Après avoir évalué tous les facteurs de risque, le niveau de risque résiduel du client dépasse l’appétit pour le risque de l’institution financière.
A. Après avoir évalué tous les facteurs de risque, le niveau de risque résiduel du client dépasse l'appétit pour le risque de l'IF.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
Answer is, A. If the risk factors exceed the appetite, also known as an exposure calculation.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
I would also look closely at B and add notes to the account for enhanced scrutiny of the account.
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
After assessing
B. The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available
A & B is the right choice
The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.
After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.
A. After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.