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What are three potential issues for foreign financial institutions maintaining correspondent accounts with U.S. banks under the Patriot Act? Choose 3 answers
Suggested Answer: A, B, C
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http://www.ffiec.gov/bsa_aml_infobase/pages_manual/olm_027.htm
7 comments · newest first
VI
Vilma
1 year ago
Wait, are shell banks really that common?
NI
Nikita
1 year ago
I thought private banking accounts were separate from this issue?
CH
Chantay
1 year ago
Forfeiture of funds? That sounds extreme!
PE
Peter
1 year ago
Totally agree, cancellation of relationships is a real risk too.
GL
Glory
1 year ago
Shell banks can't have correspondent accounts, that's a big one.
PA
Paz
1 year ago
Okay, I think I've got this. I'll need to locate the Customer Support Members group, select the three members, and then click the remove option.
AL
Allene
1 year ago
This is a good test of our understanding of object properties and getter functions. I think the answer is B, cat.fullName(), since the fullName is defined as a getter function and not a regular property.