2023 Compliance AML/CFT Refresher Quiz
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Questions and Answers

What is Compliance?

  • The process of challenging regulations issued by regulatory authorities
  • The act of creating new laws and regulations
  • Adherence to set laws and regulations (correct)
  • The process used to follow specific regulations established by regulatory authorities

    • What is the primary objective of the 2023 Compliance AML/CFT Refresher course?

  • Reminding staff of their role in preventing Money Laundering and Terrorist Financing (correct)
  • Reviewing customer service protocols
  • Introducing new compliance regulations
  • Training employees on financial analysis

    • What are the GTBank's Orange Rules primarily focused on?

  • Establishing customer service protocols
  • Defining the values for employees to abide by (correct)
  • Setting financial targets for the bank
  • Outlining marketing strategies

    • What does AML stand for in the context of the compliance course?

    <p>Anti-Money Laundering</p> Signup and view all the answers

    What do Compliance regulations primarily affect within the Bank?

    <p>All aspects of the Bank’s policies and procedures</p> Signup and view all the answers

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