Which of the following isa core function of a Financial Intelligence Unit (FIU)as described inFATF Recommendation 29?
AFinancial Intelligence Unit (FIU)in a country has received aSuspicious Activity Report (SAR)involving significant suspicious fund transfers,both domestically and internationally. TheFIU requires additional information from a foreign countryto determine whether the matter needs to be referred for prosecution locally.
Which of the following statements istruein this scenario?
Which of the following measures isone that the FATF recommends that Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) taketo mitigate risks arising from business relationships withforeign politically exposed persons (PEPs)?
Which accurately describes the social and economic impacts of money laundering?