Choose the correct answer with reason (s)/justification in each case, out of the given alternatives: (v) At what point the Politically Exposed Persons (PEP) check is done : (a) At the first point of customer interaction
CS Professional · Banking - Law and Practice · PYQS · June 2018
Choose the correct answer with reason (s)/justification in each case, out of the given alternatives: (v) At what point the Politically Exposed Persons (PEP) check is done : (a) At the first point of customer interaction (b) At the Account Services Level (c) At the Central Account Services Level (d) One-month after the account is opened.
Answer & Explanation:
(a) At the first point of customer interaction.
Topics: Anti-Money Laundering (AML)
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