Certified Anti-Money Laundering Specialist (#70)

An account officer who maintains an excellent relationship with the finance manager for a correspondent bank customer learns that many records for the correspondent bank have been requested by law enforcement. In the interest of maintaining a good relationship with the customer, the account officer sets up a meeting to discuss the legal request with the customer. The account officer intends to discuss points related to the investigation during the meeting. What should an anti-money laundering specialist recommend?

Discuss all the points being investigated by law enforcement to ensure the correspondent bank is well prepared when approached
Let the account manager’s manager know what conversations have taken place with the customer and document the account file accordingly
Limit discussions about the investigation with the customer and by satisfied that the account manager has provided proper notice to the customer
Cancelled the meeting as he has already behaved inappropriately by alerting to the investigation