How canawareness be raisedwithincountries that do not have sanctions regulatory regimes? (Select Two.)

• A.Restrict trade between countries that have robust AML/CFT and sanctions regulatory regimes and those that do not.
• B.AFC (Anti-Financial Crime) and sanctions-related seminars, webinars, and training within these countries.
• C.Enforcement and pecuniary fines against these countries.
• D.Bilateral conversations and cooperation between governments.

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The Wolfsberg Group's AML Principles on Private Banking:

• A.Assist financial institutions conducting business in jurisdictions with high data privacy standards in working with industries susceptible to money laundering
• B.Require banks to better manage reputational risk and protect the privacy of wealthy clients
• C.Advise banks to accept only those clients whose source of funds and beneficial ownership is understood
• D.Establish rules for private bankers on how to deal with politically exposed persons (PEPs) and persons residing in high-risk countries

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Which of the following are best practices to raise awareness and train staff regarding the risks related to financial crime? (Select Three.)

• A.Tailor training and offer regular training to all employees
• B.Train outside of daily operations and promote awareness of Compliance
• C.Train core AML topics once per year, at a minimum, to relevant employees
• D.Use a variety of training methods and provide necessary resources to employees
• E.Communicate regularly and measure effectiveness of training

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Which of the options below is an indicator of potential insider activity that may warrant escalation For further investigation?

• A.A relationship manager makes an exception to company policy and proceeds with onboarding a customer without documenting a passport for customer identification
• B.An investigator does not complete the automated transaction monitoring system alerts assigned to them before the time required by company procedures.
• C.An If employee shares information about a firm's risk management framework with employees of other firms at an industry convention.
• D.A relationship manager advocates for overriding the results of the company's client risk rating model that resulted in a client's high-risk rating.

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Which red flags could indicate increased terror financing and money laundering risks related to cultural objects? (Select Three.)

• A.Engagement of third-party art advisors as representatives at art auctions
• B.Paying fair market value or premium prices for valuable art, gems, or precious metals at auction
• C.Use of art and antiquity experts to verify an item's authenticity
• D.Use of art storage facilities located in tax-free zones
• E.High-quality single pieces of significant value sold on social media platforms

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