CAMS Exam Dumps | Which of the following is the best action to take regarding a particular account once suspicious activity

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Question 98/263

Which of the following is the best action to take regarding a particular account once suspicious activity is reported by the institution?

A. Notify the client that the transaction has been reported.

B. Freeze the funds pending notification from the competent authority.

C. Secure all supporting documentation.

D. Immediately close the account.

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Question 98/263

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