To combat money laundering there are compliance programs called ...

[Bob-Dole]

To combat money laundering there are compliance programs called Know Your Customer or Customer Due Diligence.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a business receives money that it believes to be suspicious it must report the transaction to the relevant government authority.
 a. True
  b. False
  Indicate whether the statement is true or false

[SVictor]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[Bob-Dole]

TYSM

[scottmt]

Thanks for the timely response, appreciate it