CAMS Exam Dumps | A customer of a bank is an established art dealer. Within the KYC due diligence processes, which constitutes

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Question 160/292

A customer of a bank is an established art dealer. Within the KYC due diligence processes, which constitutes a triggering event that requires ongoing due diligence on this client?

A. The customer specializes in art sale and hire, and recently started an art selection consulting service.

B. The customer keeps adding artwork service providers to the payment beneficiary list.

C. The customer moves their headquarters from New Zealand to China and opens a branch in Malaysia.

D. The owner wants to exchange foreign currency for an overseas business travel.

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