CAMS Exam Dumps | A remittance company received a money order from a senior political figure m the Philippines to transfer

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Question 185/292

A remittance company received a money order from a senior political figure m the Philippines to transfer a large sum of money to a charity group in the Philippines. A review of the charity group revealed a director having dose ties with a known terrorist group primarily financed through kidnapping and extortion.
What is a key risk indicator associated with terrorism financing?

A. The sender is a Political Exposed Person (PEP) and should be subject to enhanced due diligence

B. A large sum sent by money order to a charity

C. There is no risk relating of terrorism financing when the charity group is operating legitimately in that country

D. There is a link between the charity group and a known terrorist group

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