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ACAMS AML CAMS Question # 119 Topic 12 Discussion

CAMS Exam Topic 12 Question 119 Discussion:
Question #: 119
Topic #: 12

An EU Trust and Company Service Provider (TCSP) analyst notices some unusual activity while looking through a customer's financial statements and detailed general ledger. The customer is in the business of importing and exporting machineries. Which transaction indicator warrants further escalation to the compliance officer?


A.

Inter-company loans from the holding company to the subsidiary company to finance the shipment of machinery.


B.

The payment of virtual offices services overseas.


C.

The payment of consultancy fees to unrelated companies and service providers established in a foreign jurisdiction.


D.

The payment of company secretarial retainer fees to a foreign company in a tax efficient jurisdiction.


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