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ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 87 Topic 9 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 87 Topic 9 Discussion

CAMS Exam Topic 9 Question 87 Discussion:
Question #: 87
Topic #: 9

A bank received a subpoena regarding one of its clients. The financial intelligence unit of the bank should review the subpoena and:


A.

Close the client's account by informing the client of the subpoena.


B.

Perform a transaction review and respond fully to the subpoena.


C.

File a suspicious activity report (SAR), including the receipt of the subpoena in the SAR narrative.


D.

Adjust the client's risk score and close the case.


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