Posted by: Pdfprep
Post Date: November 10, 2020
What are two requirements for monitoring and reporting suspicious activity for correspondent banking according to the Wolfsberg Principles? (Choose two.)
A . Incorporate suspicious activity monitoring into periodic reviews
B . Incorporate due diligence results such as customer risk ratings
C . Utilize downstream correspondents to investigate and report suspicious activity
D . Investigate and report suspicious activity only for the correspondent bank’s clients
Answer: BA