Which of the following best describes the key elements included in the KYC policy of a Regulated Entity (RE)?
1
Customer Acceptance Policy (CAP), Risk Categorization, Client Transaction Monitoring (CTM), and Customer Identification Procedures (CIP)
2
Customer Acceptance Policy (CAP), Risk Management, Client Transaction Reports (CTR), and Customer Identification Procedures (CIP)
3
Customer Acceptance Policy (CAP), Risk Management, Customer Identification Procedures (CIP), and Monitoring of Transactions
4
Customer Acceptance Policy (CAP), Risk Management, Client Due Diligence (CDD), and Reporting of Suspicious Transactions (STR)
5
None of the above