In sanction entities, what should be ensured to promptly execute the screening process?

In sanction entities, what should be ensured to promptly execute the screening process?
A . It must ensure that they use the most current list of sanctioned entities and execute the screening process promptly after each new version of the list is made by the senior management.
B. It must be subject to a registration or approval regime with the national authorities.
C. It must ensure that they use the most current list of sanctioned entities and execute the screening process promptly after each new version of the list is made available.
D. It must have clear rules for dealing with disputes and less responsibility for the customer in case of fraud.

View Answer

Answer: C

Explanation:

It must ensure that they use the most current list of sanctioned entities and execute the screening process promptly after each new version of the list is made available.