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According to experts, what is the most effective way to prevent money laundering through financial institutions?
A. Instituting a policy prohibiting the acceptance of funds intended for terrorist financing
B. Ensuring that transaction monitoring systems can identify terrorist financing
C. Collecting information on beneficial owners and foreign customers
D. Implementing a sound customer due diligence program
Answer: D

NEW QUESTION: 2
What is a 'central risk function'?
A. A group that acts on risks escalated from other perspectives
B. A group that may pose a risk to objectives through its opposition to plans
C. A group with formal responsibility for supporting strategic risk management
D. A group responsible for approving the funding for risk management
Answer: C

NEW QUESTION: 3
Which ofthe following are the standard port numbers for the FTP protocol? (Multiple choice)
A. 0
B. 1
C. 2
D. 3
Answer: A,B

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