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What is the method that changes the methodology and variables in the Transaction Monitoring Process?
What is the method that changes the methodology and variables in the Transaction Monitoring Process?A . Turning B. Changing C. Tuning D. SettingsView AnswerAnswer: C
The Four research steps in the Assess, Explore, Organize and ___________?
The Four research steps in the Assess, Explore, Organize and ___________?A . Report B. Prepare C. Present D. RespondView AnswerAnswer: C
If you were Kate what do you think factor change triggered the alert?
Kate, who is an TM analyst is looking at an Domestic Import/Export company domiciled in Nebraska usually has revenue of around 100k per month. In the first 2 months of the new Financial year that average amount has changed to around 400k per month give or take. If you were...
An internal escalation report can also be known as?
An internal escalation report can also be known as?A . No such thing B. Suspicious Activity Report C. Unusual Activity Report D. Internal Activity ReportView AnswerAnswer: C
Which of the items below is a well known Product for Trade Financing?
Which of the items below is a well known Product for Trade Financing?A . Trade Over Invoice B. Articles of Incorporation C. Authorized Signatures D. Letters of CreditView AnswerAnswer: D
What are some elements of a Shell Company? (SELECT 2)
What are some elements of a Shell Company? (SELECT 2)A . No assets or operations B. Sometimes legitimate but low-risk C. Sometimes facilitate money laundering D. Appear legitimate and mask ownershipView AnswerAnswer: A,D
What is the big difference what transaction monitoring does and what name screening does?
What is the big difference what transaction monitoring does and what name screening does?A . Name Screening is an ongoing process B. Transaction monitoring is used to predict customer transactions C. Transaction Monitoring is performed after onboarding D. Name screening is performed after onboarding.View AnswerAnswer: C
In some jurisdictions, the media might be controlled by the same people you’ll be investigating?
In some jurisdictions, the media might be controlled by the same people you’ll be investigating?A . True B. FalseView AnswerAnswer: A
What amount of research is considered reasonably enough
What amount of research is considered reasonably enoughA . The type of content that is documented. B. If someone else of standing would find the conclusions justifiable C. The amount of content. D. the clarity of the amount?View AnswerAnswer: B
You as the Transaction Monitoring Analyst have gone though Standard Due Diligence and Enhanced Due Diligence, but you feel that you have not provided enough evidence and proof to onboard the client safely. You feel that you still have concerns, what is the best approach here if you are the analyst.
You as the Transaction Monitoring Analyst have gone though Standard Due Diligence and Enhanced Due Diligence, but you feel that you have not provided enough evidence and proof to onboard the client safely. You feel that you still have concerns, what is the best approach here if you are the...
