A critical component of the AML/CTF compliance program is transaction monitoring, which of the following can be included during monitoring transactions?

A critical component of the AML/CTF compliance program is transaction monitoring, which of the following can be included during monitoring transactions?
A . Average time to analyze each alert by backend unit
B. The backlog of customers data
C. Number of alerts raised to case analyzed by a front line unit
D. Number of alerts generated by the lookback process

View Answer

Answer: C

Explanation:

Transaction monitoring can include the number of alerts generated analyzed by front line units, number of alerts raised to case analyzed by front line units, the average time to review each alert and Backlog of alert review.