CAMS Exam Dumps | According to the Basel Committee on Banking Supervision, banks should deal with high-risk customers by:

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Question 9/263

According to the Basel Committee on Banking Supervision, banks should deal with high-risk customers by:

A. maintaining segregated records to enable easy inspection by law enforcement in case of a subpoena.

B. assigning those customers to specified private bankers for better monitoring of their offshore transactions.

C. performing enhanced due diligence including enhanced ongoing monitoring of the account activity.

D. seeking approval from the board of directors before establishing the relationship.

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Question 9/263

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