Regulatory Alerts2018-06-05
Added · Updated
Appendix 2/B: Suspicious Transaction Indicators Related to Terrorism Financing
This document establishes specific suspicious transaction indicators related to terrorism financing for financial institutions and insurance companies. It categorizes red flags into customer identification data, account management, cash deposits, financial transfers, credit instruments, safe deposit boxes, charitable associations, and behavioral patterns of customers and employees. The text provides concrete examples of irregular activities, such as discrepancies in identification, unexplained large transfers, and inconsistent employee lifestyles, to guide compliance monitoring.
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