A law enforcement agency is conducting an investigation of a financial institution (Fl). How should the Fl respond to the law enforcement agency's requests?
A.
Disregard requests when there is a justifiable reason for doing so.
B.
Share information about the investigation with analysts so they are aware.
C.
Delay responses by informing senior management of requests.
D.
Address all requests completely and in a timely manner.
The Certified Anti-Money Laundering Specialist (the 6th edition) Study Guide states that financial institutions should address all requests from law enforcement agencies completely and in a timely manner (Page 83). Disregarding requests when there is a justifiable reason for doing so is not recommended, as this could impede the investigation. Sharing information about theinvestigation with analysts is not recommended, as this could compromise the investigation. Delaying responses by informing senior management of requests is also not recommended, as this could result in a delay in the investigation.
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