CAMS Exam Dumps | According to the Basel Committee principles, which actions would make a customer identification program

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Question 234/374

According to the Basel Committee principles, which actions would make a customer identification program at a bank more robust? (Select Two.)

A. Limiting the online activities of a new customer during the first two months.

B. Understanding the nature and purpose behind a new business opening an account at the bank.

C. Verifying the identity of a customer with reputable online source documentation.

D. Understanding why a customer has selected a particular financial institution for banking.

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