CAMS Exam Dumps | What is a core function of a Financial Intelligence Unit (FIU) as described in FATF Recommendation 29?

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Question 197/374

What is a core function of a Financial Intelligence Unit (FIU) as described in FATF Recommendation 29?

A. Serving as a national center for the collection and analysis of suspicious activity.

B. Prosecuting significant cases of money laundering or terrorist financing under national jurisdiction.

C. Sponsoring the research and development of advanced technological surveillance tools for AML investigations.

D. Sharing real-time criminal intelligence gathered from national law enforcement agencies with the private sector.

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