Certified Anti-Money Laundering Specialist (#4)

When an institution files an STR with regard to a particular account, what steps should the institution take visa account?

The institution should close the account due to the obvious risk it represents
The institution should keep the account open due to the need to continue to monitor the account
The institution should consult its counsel and AML compliance officer and determine whether closing the account is in accord with the institution’s procedures
The institution should not close the account due to the risk of tipping off the customer and upsetting the criminal investigation