An organization uses an automated surveillance system that generates a very large volume of anti-money laundering alerts. The monthly volume of alerts has increased over the last year causing the compliance staff to fall significantly behind reviewing the alerts. As a result, the system settings are under review to determine if they are appropriate.
Which action should be included in the evaluation of system settings?

A bank employee reviews wire transactions looking for indications of wire stripping.
Which two actions should the employee take to complete appropriate bank procedures? (Choose two.)

What correspondent banking risk factor increases the risk for a Correspondent Bank?

One key aspect of promoting an enterprise-wide compliance culture within a financial institution (FI) is that the:

In which three situations is correspondent banking most vulnerable to money laundering? Choose 3 answers