A.Usually a Low Risk Product.

B.Usually a High Risk Product

C.It depends on the Anti-Money Laundering program.

D.Usually a Medium Risk Produce.

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

B.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.

C.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.

A.Manage the financial crime risk to your customer.

B.Manage the compliance risk of your organization.

C.Manage the financial crime risk to your organization.

D.Manage the compliance risk of your customer.