What is an example of reputational risk below?
What is an example of reputational risk below?
A . Costs associated with having to increase the Anti-Money Laundering Surveillance at your company
B. Terrorists were caught using the bank to fund an attack in the Middle East
C. The organization operates in a country that is on a FATF non-compliance list.
D. Paying back customers after the institution realized they overcharged them on fees.
Answer: B
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