Which information must a United States financial institution retain for having foreign correspondent accounts as part of the USA PATRIOT Act record keeping requirements?

Which information must a United States financial institution retain for having foreign correspondent accounts as part of the USA PATRIOT Act record keeping requirements?
A . Records identifying the owners of each foreign bank
B . Section 314(b) information sharing results related to foreign correspondent accounts
C . Purchase of monetary instruments of $3,000 or more involving foreign correspondent accounts
D . A suspicious activity report filed and the supporting documentation involving foreign correspondent accounts

View Answer

Answer: A

Explanation:

Reference: https://www.moneylaunderingnews.com/2017/10/aml-information-sharing-in-the-u-s/