A new compliance officer is reviewing the bankג€™s anti-money laundering program and notices that the risk assessment wa
Posted: Wed Mar 09, 2022 7:23 am
A new compliance officer is reviewing the bankג€™s anti-money laundering program and notices that the risk assessment was completed six months ago. Since that time, the bank acquired another financial institution, re-named the internal records group, and streamlined cash handling procedures.
Which factor causes the compliance officer to update the bankג€™s risk assessment?
A. The bank acquired another institution
B. The internal records group has been re-named
C. The cash handling procedures were streamlined
D. The risk assessment was completed six months ago
Which factor causes the compliance officer to update the bankג€™s risk assessment?
A. The bank acquired another institution
B. The internal records group has been re-named
C. The cash handling procedures were streamlined
D. The risk assessment was completed six months ago