American Bankers Association Exam CRCM Topic 9 Question 17 Discussion

Actual exam question for American Bankers Association's Certified Regulatory Compliance Manager exam

Question #: 17
Topic #: 9

[All Certified Regulatory Compliance Manager Questions]

First National Bank has several exempt customers.

* Alpha is an exempt person because its stock is listed on a major stock exchange.

* Beta is an exempt person because it meets the nonlisted customer requirements.

* Zeta is exempt because it is a payroll customer. For which customer(s) must the bank conduct an annual review to determine its continuing eligibility to be exempt from CTR filings?

AAlpha

BBeta

CZeta

DBeta and Zeta

Show Suggested Answer

Suggested Answer: D

by Rikki at May 06, 2022, 08:40 AM

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