1. What is a key feature that indicates suspicion in loan and asset transactions?
2. How should a compliance officer apply trade documentation analysis to detect trade-based money laundering activities?
3. Which characteristic best distinguishes a suspicious transaction from normal customer activity?
Suspicious Transaction — definition?
Unusual activity indicating possible ML/TF/PF involvement.
Grounds for suspicion — include?
Inconsistent profile, large/complex transactions, unverifiable source.
Red Flag — frequent small credits?
Multiple unrelated deposits suggesting structuring.
Regulatory Framework — FATF Recommendation?
Requires reporting suspicious transactions to FIU.
ALPA (2008) — purpose?
Mandates reporting suspicious activities linked to illicit funds.
Predicate Offence — example?
Drug trafficking, corruption, fraud.
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