Multiple choice

AML programme of an insurance company includes

  1. internal policies and controls

  2. appointment of a Principal Compliance Officer

  3. internal audit/control

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

AML stands for Anti-Money Laundering, which includes internal policies and controls, appointment of a Principal Compliance Officer and internal control. Hence, option (4) is correct.

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