A.They are a more affordable way of setting up a business in certain countries in the Caribbean.

B.Tax haven countries and their strict secrecy laws can further conceal the true ownership.

C.They can be held under agreement by professionals as another layer of secrecy.

D.They are an excellent, quick effective way to set up a business in Delaware, Nevada, and Wyoming

E.They can't be traced to a central registry because whoever carries them is the purported owner.

A.The _______ line of defense is the compliance and internal control functions. That includes the chief money laundering reporting officer, or MLRO, in charge of managing and monitoring AML and CFT activities.

B.The _______ line of defense is also known as the front line, these customer-facing employees are best-equipped to get the information you need for your customer due diligence. Can include Operations, risk, and control teams.

C.The ________ line of defense is internal audit. They perform an independent review of the controls applied by the lines of defense.

A.Yes.

B.No.

A.Provided

B.Verified.

C.Consistant.

D.Explained.

A.CIP, EDD, SDD.

B.CDD, EDD, SDD.

C.CIP, CDD, EDD.

D.CIP, SDD, EDD.