Michael, an insurance company employee, strongly suspects that a recent transaction involved money laundering but...

CII IF1 Question Answer

Michael, an insurance company employee, strongly suspects that a recent transaction involved money laundering but decides NOT to report his suspicions to anyone. How is this treated under the current Money Laundering Regulations?

It is a disciplinary offence under the Banking Code.

It is a civil offence.

It is a criminal offence.

It is a disciplinary offence dealt with by the Money Laundering Joint Steering Committee.

CII IF1 View All Questions

CII IF1 Summary

Vendor: CII
Product: IF1
Update on: Jan 2, 2026
Questions: 100

Price: $52.5 ~~$149.99~~

Joel buys a house in a flood plain, but it has NOT flooded for 10...

Why is effective risk management important to an insurer?

New Year Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmasmnth

Michael, an insurance company employee, strongly suspects that a recent transaction involved money laundering but...

The Answer Is:

CII IF1 Summary

Payments We Accept

Contact Us