What are the regulatory risks to a bank employee who willfully violates anti-money laundering laws?

What are the regulatory risks to a bank employee who willfully violates anti-money laundering laws?
A . Investigation and reputational damage
B . Fines and suspension from the industry
C . Criminal investigation and imprisonment
D . Enforcement actions including fines against the financial institution

View Answer

Answer: C

Explanation:

Reference: https://books.google.com.pk/books?id=qKLr7IdWCqsC&pg=PA9&lpg=PA9&dq=What+are+the+regulatory+risks+to+a+bank+employee+who+willfully+violates+anti-money+laundering+laws&source=bl&ots=gZzA0Ey5nB&sig=ACfU3U29fq8lwYh08XqdR1X7sWSISySPZw&hl=en&sa=X&ved=2ahUKEwiHwKHTjIvmAhWqwzgGHfW_AToQ6AEwC3oECAkQAQ#v=onepage&q=What%20are%20the %20regulatory%20risks%20to%20a%20bank%20employee%20who%20willfully%20violates%20anti­money%20laundering%20laws&f=false