ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Question # 31 Topic 4 Discussion

ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Question # 31 Topic 4 Discussion

CFE-Law Exam Topic 4 Question 31 Discussion:
Question #: 31
Topic #: 4

The Financial Action Task Force (FATF) Recommendations suggest that countries should do which of the following?


A.

Use a risk-based approach when creating and establishing their anti-money laundering policies.


B.

Require financial institutions to monitor their customers' social media activity for signs of money laundering.


C.

Only conduct business with other countries that comply with the anti-money laundering recommendations.


D.

Impose a sentence of five years of imprisonment for all money laundering and terrorist financing convictions.


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