Applying a risk-based approach is definitely the right answer here. The FATF Recommendations emphasize that countries and FIs should allocate their AML/CFT resources based on an assessment of the risks they face. This helps ensure that resources are targeted to the areas of highest risk.
Okay, let me break this down step-by-step. I know an FEC has to do with how packets are forwarded, so I'll focus on the key details in the answer choices.
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