CAMS Exam Dumps | Which action should financial institutions with cross border correspondent banking activity be required

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Question 180/292

Which action should financial institutions with cross border correspondent banking activity be required to perform according to the Financial Action Task Force 40 Recommendations?

A. Gather a list of their politically exposed customers

B. Identify natural persons who own or control more than 5%

C. Obtain senior management approval before establishing the relationship

D. Obtain a third party independent review of the respondent's anti-money laundering program

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