After an institution files an STR with regard to a particular account, a law enforcement agent requests the
institution to keep the account open until advised otherwise by law enforcement.
What steps should the institution take?A. The institution should close the account in order not to be caught in the middle of a law enforcement
investigation

Which element is generally required of all anti-money laundering programs?

Why is the Mutual Legal Assistance Treaty (MLAT) a gateway for international cooperation?

An anti-money laundering expert is hired by a new Internet bank to assess the money laundering threat to the
bank. What is the most important recommendation for the expert to make given it is an on-line bank?

What are some red flags pertaining to potentially suspicious transactions by a customer? Choose 3 answers

Which AML standards have force of law?

When requested by law enforcement via legal process to provide records or documentation, what should the
officers of financial institution do?

In the FATF 40 recommendations, the focus of AML efforts has been expanded beyond Financial Institutions.
Which three businesses and/or professions are covered? Choose 3 answers

Which activity is most likely to facilitate money laundering through on-line systems with inadequate controls?

How can dealers in high-value items be at risk for money laundering?