A recruitment manager in the human resources department of a bank has shortlisted a candidate for the position of relationship manager in its private banking division. The compliance policy of the bank stipulates that proper background checks on new employees must be completed by the recruiting team to protect the bank against potential risks, including fraud and money laundering.
Which resources would be most useful for identifying any potential negative information regarding the shortlisted candidate? (Select Three.)

• A. Personal references from close associates
• B. Personal resume
• C. Internet and public media searches
• D. Past employment records
• E. Criminal history searches

It Is important for financial institutions (FIs) to be aware of anti-financial crime (AFC) and sanctions regulatory regimes in other jurisdictions in order to.

• A. ensure the F1 can manage business relationships in jurisdictions with stricter or more lenient regulations than their home country, allowing for operational flexibility
• B. maintain compliance with the AFC and sanctions requirements of all countries where the F1 operates or has business relationships and to avoid penalties for violations in foreign jurisdictions.
• C. compensate for the limited applicability of AFC and sanctions regulations on cross-border transactions and their reduced relevance for domestic operations in other jurisdictions.
• D. ensure that sanctions regimes are applied selectively based on the regulatory standards of the countries where business activities occur, focusing primarily on aligned jurisdictions

A bank notices inconsistent flagging of blockchain transactions due to the lack of standardized payment message formats. What feature should be prioritized in the transaction screening tool to address this issue?

• A. Periodic manual review of blockchain-related transactions
• B. Rule-based systems focusing only on known wallet addresses
• C. Enhanced sanctions screening for traditional payment messages
• D. Integration with blockchain analytics providers

Customer segmentation is important for effective transaction monitoring because:

• A. Customer behavior can be compared and analyzed most effectively among similar peer groups
• B. All customers transact in the same way, allowing patterns to be easily spotted
• C. It allows a broad range of customer types to be compared in one large group
• D. It is recommended by regulators solely to prevent sanctions risk

Which section of the USA PATRIOT Act relates to forfeiture of funds and allows for extraterritorial reach?

• A. Section 314(b)
• B. Section 319(b)
• C. Section 314(a)
• D. Section 319(a)