CAMS Exam: Compliance Officer's Action for Potentially Suspicious Activity by Bank President

Compliance Officer's Action for Potentially Suspicious Activity by Bank President

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Question

The board of directors receives notice from the primary regulator of the bank that potentially suspicious activity has been identified and the bank president appears to be involved. The Board asks the compliance officer for advice.

Which action should the compliance officer take when informed?

Answers

Explanations

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A. B. C. D.

C

The compliance officer's primary