7. Which is the main focus of a financial intelligence unit (FIU)? a. Protect the financial institution from risk b. Assess compliance practices in the institution c. Review management oversight d. Train compliance personnel 8. In an emergency event, such as a terror attack, which is the role of the rapid respons team? a. Contact headquarters and request guidance b. Search the financial institutions' systems for the subject's name C. Contact the branch manager and ensure they have heard the news d. Contact law enforcement and offer to help 9. Your client is a school teacher. She is making multiple deposits just below the reporting threshold. The cumulative amount seems to exceed what would be expected based on her customer profile. What should you do first? a. Close her accounts b. File a SAR/STR C. Escalate and investigate d. Record that nothing is suspicious and close the alert 10. Who is responsible for developing risk detection and analytical tools to ensure an effective and efficient monitoring and investigative processes? a. Audit b. Management c. Financial intelligence unit (FIU) d. Rapid response team 11. Which of these statements is correct about an FIU within an Individual financial institution? a. US and EU law directs that all firms must have a FIU b. The FIU must be staffed with specifically skilled analysts and investigators c. Any bank-to-bank information sharing must be done via the FIU d. FIU capability is encouraged as a best practice