Question
Read the extract from Section 21D of the FIC Amendment Act and answer the following question. A specific client of the YourBank Private Wealth scheme,
Read the extract from Section 21D of the FIC Amendment Act and answer the following question. A specific client of the YourBank Private Wealth scheme, who happens to be a government official, has requested complete confidentiality of their information. Only specific members of Ubuntu Bank senior management may review the clients personal information. Read extract 21D from the Financial Intelligence Centre Amendment Act and determine if the following statement is true or false: The mandate of the compliance function allows compliance professionals the authority to review this clients information should the need arise. Select one: True False
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