What is the primary objective of a risk assessment in financial institutions (FIs)?
Which method does FATF recommend for identifying Ultimate Beneficial Owners (UBOs)?
What does "TFS" stand for in AML/CFT/CPF compliance?
Which of the following is NOT considered a high-risk customer category under regulatory guidelines?
Which customer type requires additional verification under regulatory guidelines?
Which delivery channel is considered a high-risk indicator in customer risk assessment?
What is a critical red flag for identifying suspicious PEP activity?
Which entity should financial institutions report suspicious transactions to in Nigeria?
What distinguishes a blind trust from a regular trust?