A politically exposed person (PEP) maintains an account at a bank. Last month a money laundering analyst filed a suspici
Posted: Thu Jul 21, 2022 8:58 pm
A politically exposed person (PEP) maintains an account at a bank. Last month a money laundering analyst filed a suspicious transaction report about unusual wire deposits originated by unknown individuals in the home country of the official. Recently a negative news search revealed political corruption in the home country of the official.
To whom should this situation be escalated?
A. The board of directors
B. The line of business executive
C. The bank's anti-money laundering officer
D. The Financial Action Task Force's PEP Hotline
To whom should this situation be escalated?
A. The board of directors
B. The line of business executive
C. The bank's anti-money laundering officer
D. The Financial Action Task Force's PEP Hotline