What should a bank focus on to ensure on-going compliance with its AML program?
A. It should ensure that it develops and provides on-going targeted training of all current and new employees
B. It should subject all new employees to criminal background checks before being hired
C. It should review and update its transaction monitoring system
D. It should ensure that the regulators have reviewed and have approved the bank¡¯s AML program
Answer:A
What should a bank focus on to ensure on-going compliance with its AML program?
A. It should ensure that it develops and provides on-going targeted training of all current and new employees B. It should subject all new employees to criminal background checks before being hired C. It should review and update its transaction monitoring system D. It should ensure that the regulators have reviewed and have approved the bank¡¯s AML program