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NEW QUESTION: 1
Which FSSO agents are required for a FSSO agent-based polling mode solution?
A. DC agents only
B. Polling agent only
C. Collector agent and DC agents
D. Collector agent only
Answer: C
NEW QUESTION: 2
Your bank's president comes back from an industry conference and tells the compliance officer that she attended a presentation about OFAC. She heard the bank could be fined for not adhering to OFAC requirements.
Thus, she has directed that every bank transaction be reviewed for OFAC compliance. What is the most appropriate statement the compliance officer could make to the bank president?
A. OFAC does not apply because the bank does not conduct business in foreign countries or with foreign nationals
B. Banks are usually not fined for OFAC violations unless they conduct transactions with SDNs or blocked countries
C. The bank is already in compliance because OFAC checks are performed on all new depositors
D. The bank has assessed its OFAC risk and has implemented risk-based OFAC procedures
Answer: D
NEW QUESTION: 3
A. 1 GB
B. 1.5 GB
C. 2.5 GB
D. 2 GB
Answer: D