Which of the following are potential financial crime-related red flags when obtaining client data? (Choose three.)
A.
A client frequently submits financial statements much earlier than required appearing overly eager
B.
A client insists on using a personal bank account for business transactions despite being advised otherwise
C.
A new client shows a preference for minimal direct interaction and relies primarily on indirect communication methods, citing convenience or time constraints
D.
The client is a publicly listed company but very diversified
Red flags include using personal accounts for business transactions (which can obscure fund tracing), preferring minimal direct interaction (potentially avoiding scrutiny), and unclear ultimate beneficial ownership (which can conceal the true controllers of the entity and facilitate illicit activity).
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