Which step should be taken to understand the types of financial institutions to whom the services are being offered when a correspondent bank permits `nested` relationships according to the Wolfsberg Group?
A. Review peer-group clients by risk category
B. Understand the type and volume of accounts serviced
C. Evaluate the distribution of downstream correspondents and identify any direct or indirect issues
D. Obtain independent audits or examination reports for ג€nestedג€ relationships to determine risk levels
Which step should be taken to understand the types of financial institutions to whom the services are being offered when
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Which step should be taken to understand the types of financial institutions to whom the services are being offered when
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