In establishing procedures for the review of suspicious transactions and filling of STRs, what thing should an institution focus on?

In establishing procedures for the review of suspicious transactions and filling of STRs, what thing should an institution focus on?
A . The need to have on-going training as to potential red flags that the institution might encounter
B. The appropriateness of having a centralized review of suspicious transactions and recommendations to file an STR to ensure consistency
C. A system for tracking STRs and ensuring that appropriate supporting documentation is segregated and maintained
D. The need not to ensure that the institution has a strong case of impropriety before filling an STR

View Answer

Answer: A,B,C