The Wolfsberg Anti-Money Laundering Principles for Private Banking require new clients to be approved by whom?

The Wolfsberg Anti-Money Laundering Principles for Private Banking require new clients to be approved by whom?
A . The board of directors
B . Only the private banker
C . The private banker’s supervisor
D . At least one person other than the private banker

View Answer

Answer: D

Explanation:

Reference: https://www.wolfsberg-principles.com/sites/default/files/wb/pdfs/wolfsberg-standards/10.% 20Wolfsberg-Private-Banking-Prinicples-May-2012.pdf (04)