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      Question

      In cases where REs are unable to meet Customer Due

      Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended action?  
      A Approve account with limited access Correct Answer Incorrect Answer
      B File a Suspicious Transaction Report (STR) Correct Answer Incorrect Answer
      C Place a freeze on the account Correct Answer Incorrect Answer
      D Seek third-party verification Correct Answer Incorrect Answer
      E Report to a local enforcement agency Correct Answer Incorrect Answer

      Solution

      If a customer is uncooperative or fails to provide reliable documents, the RE should consider filing an STR with FIU-IND, as this may indicate potential money laundering activities.   

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