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NEW QUESTION: 1
A. Option D
B. Option B
C. Option C
D. Option A
Answer: C
NEW QUESTION: 2
Which three elements should be considered in an institution's enhanced due diligence process to assure itself that it has secured sufficient understanding of its higher risk respondent bank customers according to the Wolfsberg Principles on Correspondent Banking?
A. The sources of wealth for all significant ownership interests
B. A risk-based determination as to whether or not the respondent is a shell bank
C. Whether a Politically Exposed Person (PEP) has an interest or management role in the respondent
D. The quality of the respondent's AML and client identification controls
Answer: A,B,D
NEW QUESTION: 3
A. Option D
B. Option B
C. Option C
D. Option A
Answer: C,D
Explanation:
Explanation
References:
https://technet.microsoft.com/library/dn531154.aspx