Which action must be taken when investigating a potential match on a client?
A.
Conduct an analysis to determine if the match is a true match.
B.
Perform CDD to maintain details on the customer relationship.
C.
Include products and services on the CDD
D.
Include the regulatory documentation on the CDD
The Answer Is:
A
This question includes an explanation.
Explanation:
When a potential sanctions match is detected, the required first action is to determine whether the alert represents a true match or a false positive. This involves comparing identifiers, reviewing customer documentation, and gathering additional details.
CDD is important but is not the specific required action at the moment of match investigation. The priority is confirming whether the entity is indeed the sanctioned party.
[References:, Sanctions investigation protocols requiring confirmation of match status., Distinction between CDD and sanctions-specific investigations., , ]
CGSS PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 65% Discount on All Products,
Use Coupon: "ac4s65"