A bank received a subpoena regarding one of its clients.

ACAMS CAMS Question Answer

A bank received a subpoena regarding one of its clients. The financial intelligence unit of the bank should review the subpoena and:

Close the client's account by informing the client of the subpoena.

Perform a transaction review and respond fully to the subpoena.

File a suspicious activity report (SAR), including the receipt of the subpoena in the SAR narrative.

Adjust the client's risk score and close the case.

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