In the Risk Assessment Program, a Combination risk was discussed and identified its compositions to help with AML/CFT aiming to support the development of prevention and mitigation measures that are commensurate to the AML/CTF risks identified, which of the statements below is a combination risk?

In the Risk Assessment Program, a Combination risk was discussed and identified its compositions to help with AML/CFT aiming to support the development of prevention and mitigation measures that are commensurate to the AML/CTF risks identified, which of the statements below is a combination risk?
A . Client risk, country risk and product risk
B. Client risk, policy risk, country risk
C. Country risk, institution risk, government risk
D. Country risk, product risk, institution risk

View Answer

Answer: A

Explanation:

Combination risk includes client risk, country risk, and product risk.