Test Your AML IQ - July 11, 2008 E-mail Alert

U.S. dealers of precious metals, stones and jewels conducting a risk assessment of their foreign suppliers need to take into account:

A. The nature and scope of the regulatory efforts of the supplier’s jurisdiction to prevent money laundering.
B. Whether the supplier is required to file government reports on large cash transactions.
C. Whether the jurisdiction the supplier resides in has set-up a central supervisory agency to combat money laundering.
D. All of the above.

Comment about this question by sending an email to editorial@moneylaundering.com