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ACFCS Financial Crime SpecialistExam CFCS Question # 68 Topic 2 Discussion

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ACFCS Financial Crime SpecialistExam CFCS Question # 68 Topic 2 Discussion

CFCS Exam Topic 2 Question 68 Discussion:
Question #: 68
Topic #: 2

During a risk assessment of its trade finance operations, XYZ Bank identifies a high volume of transactions involving shell companies with obscure ownership structures. What is the most appropriate action for XYZ Bank to take in response to this finding?
A.

Immediately terminate all trade finance operations involving shell companies.

B.

Seek approval from senior management to continue trade finance operations.

C.

Ignore the issue as long as the transactions are compliant with regulatory requirements.

D.

Conduct enhanced due diligence on transactions involving shell companies.

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Actual exam question for ACFCS CFCS exam by Rune15726 at Aug 2, 2025, 12:00:00 AM

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