What does the Basel Committee's Customer Due Diligence for Banks paper suggest that a bank needs to have in place when e

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What does the Basel Committee's Customer Due Diligence for Banks paper suggest that a bank needs to have in place when establishing an account for a corporate business entity?

A. An understanding of the structure of the company
B. A policy requiring all identified beneficial owners to undergo a national police check
C. A process to ensure that the approval of senior management is obtained prior to opening the account
D. A fee structure that reflects the banks' costs in monitoring the risks associated with entity's business activities