IR2020
"The customer continues to be monitored"
What must be included in Part H of an STR for IR2020?
3 STR's
How many STR's are filed on a customer before they are demarketed?
If Person B has other accounts separate from Person A, or businesses, and those transactions are deemed reportable
What is a related party STR?
File one STR and include all related parties and their transactions within the one STR.
What is a multi-party STR?
EASN
What CIF screen indicate a POA is present?
Future State questions (Please indicate whether this is a one-time transaction).
What is a MD RFI question?
Clearly articulated ML/TF risk that is beyond suspicious activity
What is a Significant STR?
Cuba, Iran, North Korea, Syria
What are the names of the four (4) sanctioned countries as per the current Country Risk Rating guide?
The customer was identified as a name, age and location match with no additional factor identified.
What is a suspected match?
25% ownership
What is the minimum required ownership for a business to be documented?
July 25, 2020
When did Ministerial Directive come into effect?
A Conviction with and STR is required to RTC*
What are the requirements to RTC a client associated with Child Sexual exploitation or Project Shadow?
The review period will start at the date of the earliest triggering transaction and proceed forward 90 days
What is the review period when the triggering activity occurred more than 90 days prior to the assignment date?
Date of filing, F2R#s and reason
What are three details that should be included when noting prior STR's in your narrative?
Callibri
What is the standardized font for investigation documents?
A UTR or referral outlines that the customer has a transaction or a set of transactions to/from Iran.
When would an RFI not be conducted for MDIR 2020?
Terrorist financing, threats of the security of Canada, Participation in criminal organization, human trafficking, and Child sexual exploitation
What are five offences that would be considered priority?
This search function must be conducted when reviewing a negative media case that has an identified period of criminality/arrest date
When do we need to search SAS for closed accounts?
The investigation has reached RGS.
When to file an STR?
SAS#, Customer Name, Priors, Trigger, Relationship, Open Source, Summary and Conclusion
What are the elements of an FI Investigation Document?
A customer discloses the source of funds to have originated from Iran or the transaction is/was bound for Iran
What is a criteria for a transaction to be assessed for the purpose of the MD?
STR = RTC
What is an illegal online Cannabis Dealer?
Auto Finance Account, Closed Account where customer has no profile and/or banking relationship with TD, Minor Account, Commercial Banking
What are the types of accounts/profiles that are out of scope for the CRT team?
"The bank is reviewing this customer relationship. The customer continues to be monitored through standard monitoring processes."
What is the standard verbiage for RTC Recommendation Pending for Section H Scenario?
Negative media searches were conducted on Mickey Mouse which resulted in no negative media being identified.
What is the standard verbiage for open source?