"De-risking" is one approach taken by financial institutions which aims to simplify the business models as well as reduce AML risks by exiting some products or client types or both.

Your CEO is asking your input on de-risking one of the following lines of business in order to reduce monitoring resources (costs) and risk to your institution. Which would you recommend, and why?

1. Professional Service providers
2. Individuals who hold a foreign or domestic public office
3. Check Cashers
4. Third party payment providers
5. Cash Intensive businesses