This assessment validates knowledge of financial analysis and controls, including analysis, reporting, controls, and professional judgment. It is intended for candidates preparing for regulated or specialist finance roles.
Which are ways a financial institution can manage a frozen asset account? (Choose two.)
How does the EU’s Best Practice Guidance differ from OFAC Guidance regarding sanctions due diligence and beneficial ownership? (Choose two.)
An OFAC-designed person owns 60% of Entity A and 30% of Entity B. Entity A owns 25% of Entity C. Entity B owns 20% of Entity C. Which entity(ies) should be considered sanctioned according to the OFAC 50% rule?
When applying a risk-based approach to creating a sanctions compliance program, a Sanctions Compliance Officer should include which elements in an evaluation of the business?
After completing an investigation with the decision that no sanctions violation occurred, the best way to document the investigation is in accordance with: