While reviewing a client who deposits a large amount into their investment account, you notice that the client cannot clearly explain the source of funds and provides inconsistent answers when asked for clarification. What is the most appropriate next step?
Choose the correct answer

Question

While reviewing a client who deposits a large amount into their investment account, you notice that the client cannot clearly explain the source of funds and provides inconsistent answers when asked for clarification. What is the most appropriate next step? 
 Choose the correct answer

Accepted Answer

Escalate the concern through the prescribed financial crime reporting channels

Answer

Discuss the concern informally with a colleague to decide

Answer

Wait for proof of wrongdoing before acting

Answer

Ignore it if the client is otherwise cooperative

Crowdly

While reviewing a client who deposits a large amount into their investment accou...

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