What should a compliance officer do during an ongoing investigation into a client’s activities by a competent authority?
What should a compliance officer do during an ongoing investigation into a client’s activities by a competent authority?
A . Ensure communication with regulatory and law enforcement authorities is conducted only through the Board of Directors
B . Communicate only in writing regulatory and law enforcement authorities in line with applicable local laws
C . Communicate with regulatory and law enforcement authorities in line with applicable local laws
D . Only provide information that is specifically and directly requested
Answer: C
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