Inherent Risk Factors include Inherent Risk Rating, under this is a high inherent risk, which of the following statements that do not apply as a high inherent risk?

Inherent Risk Factors include Inherent Risk Rating, under this is a high inherent risk, which of the following statements that do not apply as a high inherent risk?
A . Cross border or international wire transfers
B. Private banking services
C. Trade finance
D. Virtual assets and cryptocurrencies.

View Answer

Answer: D

Explanation:

Some of the high inherent risks are crossing the border or international wire transfers, private banking services, and trade finance.