Our new Product Taxonomy will consist of how many product tiers?

• 1 tier product taxonomy

• 2 tier product taxonomy

• 3 tier product taxonomy

• 4 tier product taxonomy

Answer explanation

3 tier product taxonomy will be implemented in Client Central which is aligned to the latest product taxonomy from SCB product governance team.

For ETB GIC inflight cases where CDD is approved, Cases that have an eCDD+ parent case NRD within 2022 falls under?

• Principle 1

• Principle 2

Answer explanation

Principle 2:

Where the underlying CDD has a next review date on eCDD+ within 2022 year-end (31-Dec-22), then the WIP GIC along with the approved CDD & GIC needs to be fully reviewed and completed upon go-live as per the Single KYC framework

Will inflight static data maintenance request for non Client Central mastered attributes be impacted during Cutover?

• Yes

• No

Answer explanation

Non CC mastered SDM requests will be allowed during Cutover Period.

At what stage in client central can we do SCI establishment:

• RM Review

• KYC Stage

• Request Initiation

• Entity Management

What will be the system's auto initiation for KYC review TAT?

• T-160 Days

• T – 120 Days

• T – 180 Days

• T – 60 Days

If CARs successfully generates auto population status for CRS & FATCA, what action is required in the system?

• Tax DD is not required, tax maker only to review the CARs correctness and close the case

• Tax DD is not required, tax maker review the CARs correctness and submit the case to Tax checker to close the case

• Tax DD is not required, tax maker review the Cars correctness, submit the case to Tax checker for review and flow to RM for final approval

• Tax DD is not required, however tax maker will still need to Conduct Validation and Reasonableness checks for CARs outcome

At what stage does the AAR assessment will be conducted for Regular Review in Client Central?

• KYC Stage

• RM Review

• Entity Management

• Request Initiation

In Client Central, Corporate Branch will be created...

• Under the same entity profile as the main office

• As a booking location to the main office

• As a separate entities with potentially different risk characteristic

• N/A since no Corporate Branch, only Banks Branches

What is the approval routing workflow for High Risk rating client in CC

• KYC Maker – KYC Checker – RM – FCC/GPSCU – BHD

• KYC Maker – KYC Checker – CEO

• No approval required

• KYC Maker – KYC Checker – FCC/GPSCU – RM – BHD

Which team will handle Realtime Name Screening alerts within Client Central?

• FCSU

• KYC Execution team

• Client itself

• BEST, ECDD Plus