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Zorluk: Çok zorAnti-Money Laundering (AML), KYC, and Sanctions Compliance

Match each anti-money laundering (AML), customer identification, or sanctions compliance obligation on the left with its corresponding regulatory threshold or filing mandate on the right.

  • Suspicious Activity Report (SAR) filing mandate for broker-dealersMandatory filing with FinCEN within 30 calendar days for suspicious transactions involving $5,000 or more
  • Currency Transaction Report (CTR) filing mandate under the BSAMandatory filing with FinCEN within 15 calendar days for physical cash transactions exceeding $10,000 in a single day
  • Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) match responseImmediate asset blocking and mandatory report submission to federal regulators within 10 business days
  • Customer Identification Program (CIP) document recordkeeping requirementRetention of customer verification records and identifying data for 5 years after account closure

Cevap

The correct pairings match: (1) SAR filing mandate with mandatory filing within 30 calendar days for suspicious transactions of 5,000ormore;(2)CTRfilingmandatewithmandatoryfilingwithin15calendardaysforcurrencytransactionsexceeding5,000 or more; (2) CTR filing mandate with mandatory filing within 15 calendar days for currency transactions exceeding 10,000 in a single day; (3) OFAC SDN match response with immediate asset blocking and mandatory reporting within 10 business days; and (4) CIP recordkeeping with retention of verification records for 5 years after account closure.
The correct pairings accurately reflect FINRA, FinCEN, BSA, and OFAC regulatory standards: SARs require filing within 30 calendar days for suspicious transactions of 5,000ormore;CTRsrequirefilingwithin15calendardaysforcurrencytransactionsexceeding5,000 or more; CTRs require filing within 15 calendar days for currency transactions exceeding 10,000 in a single day; OFAC matches require immediate asset blocking and reporting within 10 business days; and CIP records must be maintained for 5 years following account closure.

Adım Adım Çözüm

1
Identify the filing threshold and timeframe for Suspicious Activity Reports (SARs).
Broker-dealers must file a SAR for suspicious transactions involving $5,000 or more within 30 calendar days.
BSA regulations establish the $5,000 monetary threshold and 30-day reporting window for suspicious activity.
2
Identify the threshold and filing deadline for Currency Transaction Reports (CTRs).
Broker-dealers must file a CTR within 15 calendar days when physical cash transactions in a single day exceed $10,000.
BSA mandates reporting of large physical currency transactions exceeding $10,000 within 15 calendar days.
3
Determine the required compliance action upon identifying an OFAC SDN match.
Assets must be blocked immediately and reported to OFAC within 10 business days.
Federal sanctions laws prohibit dealing with blocked persons and require prompt notification.
4
Determine the record retention period for Customer Identification Program (CIP) documents.
Records must be retained for 5 years after the customer's account is closed.
CIP rules under the USA PATRIOT Act mandate 5-year post-account-closure retention.

Anahtar Kavram

Anti-Money Laundering (AML), Customer Identification Program (CIP), and Sanctions Compliance Deadlines and Thresholds
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Konular

Anti-Money Laundering (AML), KYC, and Sanctions Compliance