CAMS Exam Dumps | What is the most effective criterion for determining the beneficial ownership of funds?

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Question 128/374

What is the most effective criterion for determining the beneficial ownership of funds?

A. Having signature authority over the account

B. Being the person in whose name an account is opened with a financial institution

C. Having control over such funds or entitlement to such funds

D. Being a person who is the trusted party in a correspondent banking relationship

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