AML Audit Flashcards

1

Money laundering is the act of legalizing dirty money? True or false

2

When CBUAE wants to inspect the books of a Bank it will issue a subpoena? T or F

3

Which statement is true about suspicious transactions

4

Which is not one of the main Pillars of an AML Compliance Programs

5

A beneficial owner is a natural person who controls an account without his name being on the account. T or F

6

Which of the following is not a risk factor in AML Risk assessment

7

Suspicious Transactions reporting must be centralized . True or False

8

Which is a suspicious transaction?

9

What constitutes tipping off?

AML Audit