Transaction Monitoring

Which of the mentioned below answers describe a Suspicious Activity (3 answers correct):

• Irregular or questionable customer behaviour

• Activity that might be related to other criminal offense

• Business as usual - multiple transactions from private customers

• transaction that is inconsistent with a customer’s known legitimate business,

Except from reporting potentially suspicious activity Financial Institutions are also required to report all transactions meeting certain criteria, without determine first, whether the transaction is suspicious. This process is called:

• Threshold Reporting

• Non-suspicious activity report

• Automatic Reporting

• Blind Reporting

Which of mentioned below acts as Polish Financial Intelligence Unit?

• the Department of Financial Information of the Ministry of Finance

• the Department of Financial Information of the Ministry of Justice,

• Ministry of Interior and Administration

• General Inspector of Financial Information

How much time the financial institution has in Poland to notify GIIF about suspicious activity?

• 28 days from date of suspicious activity

• 5 business days from date of confirming the suspicious activity

• 2 days from date of confirming the suspicious activity

• 2 business days from date of confirming the suspicious activity

Which of mentioned below is the name of Australian FIU?

• The Australian Suspicious Transaction Reports Centre

• The Australian Transaction Reports and Analysis Centre

• The Australian Transaction Reporting and Analysis Centre

• The Australian Threshold Analysis Centre

Is it possible for state to have one entity that is an anti-money

laundering and counter-terrorism financing (AML/CTF) regulator and financial intelligence unit (FIU) at the same time?

• Yes

• No

What's different official name for SAR?

• There is no different name

• SMR - suspicious matter report

• RSA - report of suspicious activity

What are the five essential elements of SAR?

What are the two sanction screening controls used in TM?

• originator country screening and beneficiary country screening

• name screening and country screening

• name screening and payment screening

• payment screening and country screening

What does SEPA stands for?

• Standard Euro Payments Authorisation

• Standard Euro Payments Area

• Single Euro Payments Area

• Single Euro Payments Area credit transfer