Question
Why would a financial institution's PEP customers be required to provide documentation to evidence their source of wealth and/or income?In other words, what type of
Why would a financial institution's PEP customers be required to provide documentation to evidence their source of wealth and/or income?In other words, what type of fraud would PEP clients more likely be associated with than the non-PEP customers?Why would they need to launder their money? Be specific.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
