Knowledge Base

← Identify and decline relationships with suspicious clients to comply with regulatory obligations

mcq

What are the behavioural warning signals that should alert a professional to a suspicious client?

Refusal to provide required information, evasiveness, contradictions in statements, excessive nervousness, pressure to execute a transaction quickly, systematic use of intermediaries

Disproportionate amounts, suspicious structuring, inability to justify the origin of funds, atypical patterns

Complex structures, shell companies, offshore arrangements

Closure notification to the client, two-month notice period