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NEW QUESTION 37
CDD encompasses the entire lifecycle of due diligence?
- A. CIP, EDD, SDD.
- B. CIP, CDD, EDD.
- C. CDD, EDD, SDD.
- D. CIP, SDD, EDD.
Answer: D
NEW QUESTION 38
What is the purpose of having controls to Know Your Customer, also known as KYC?
- A. Manage the financial crime risk to your customer.
- B. Manage the financial crime risk to your organization.
- C. Manage the compliance risk of your organization.
- D. Manage the compliance risk of your customer.
Answer: B
NEW QUESTION 39
The KYC four step research is?
- A. Assess, Operations, Explore, Present
- B. Assess, Organize, Explore, Past
- C. Assess, Organize, Explore, Present
- D. Assess, Organize, Narrow, Present
Answer: C
NEW QUESTION 40
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