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ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 47 Topic 5 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 47 Topic 5 Discussion

CAMS Exam Topic 5 Question 47 Discussion:
Question #: 47
Topic #: 5

What should a financial institution (FI) do in response to a formal law enforcement request to produce documents?


A.

Keep senior management informed at all times to strategically organize a defense to terminate the law enforcement request


B.

Verify the officer's identification and ask for the law enforcement request to be served when the Chief Executive Officer is available to sign for it


C.

Ask for an extension to review the FI's privacy policy and confidentiality policy before providing any information under the law enforcement request


D.

Designate a person responsible for the internal investigation in preparation of documents for the request


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