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Question 18 Which of the following definitions BEST describes reasonable grounds to suspect? O O A suspicion that money laundering is occurring, that a licensee
Question 18 Which of the following definitions BEST describes reasonable grounds to suspect? O O A suspicion that money laundering is occurring, that a licensee has formed based on an assessment of facts, context, and indicators. A licensee has a simple suspicion of a money laundering offence. The licensee cannot articulate why they have this suspicion, but this specific licensee usually has good suspicions. A licensee has reasonable grounds to believe a money laundering offence is occurring and can point to verified facts that show a probability of money laundering. A licensee believes that there is a possibility that a money laundering offence is occurring, yet cannot point to any reasons for their belief
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