CAMS Exam Dumps | Under the Wolfsberg Correspondent Banking Principles, which action is considered an enhanced due diligence

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Question 34/304

Under the Wolfsberg Correspondent Banking Principles, which action is considered an enhanced due diligence obligation to correspondent banking clients that present greater risks?

A. Conducting reviews on all high-risk relationships

B. An evaluation done by the compliance officer in charge of the account

C. Approval of a high-risk relationship by a senior management committee

D. Ongoing monitoring of clients located in tax haven countries

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