What are two requirements for monitoring and reporting suspicious activity for correspondent banking according to the W
Posted: Wed Mar 09, 2022 6:58 am
What are two requirements for monitoring and reporting suspicious activity for correspondent banking according to the Wolfsberg Principles? (Choose two.)
A. Incorporate suspicious activity monitoring into periodic reviews
B. Incorporate due diligence results such as customer risk ratings
C. Utilize downstream correspondents to investigate and report suspicious activity
D. Investigate and report suspicious activity only for the correspondent bankג€™s clients
A. Incorporate suspicious activity monitoring into periodic reviews
B. Incorporate due diligence results such as customer risk ratings
C. Utilize downstream correspondents to investigate and report suspicious activity
D. Investigate and report suspicious activity only for the correspondent bankג€™s clients