Author Question: To combat money laundering there are compliance programs called Know Your Customer or Customer Due ... (Read 108 times)

Bob-Dole · **on:** Jun 24, 2018

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