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NEW QUESTION: 1
What is one recommendation of the Basel Committee's 2001 paper Customer Due Diligence for Banks"?
A. Numbered accounts should not be allowed
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D. Certain types of private banking can be exempt from KYC procedures
Answer: C
NEW QUESTION: 2
What should you do to assess A customer level of knowledge?
A. Provide more detailed explanations
B. Ask closed questions
C. Ask open questions
D. Assume the customer has a basic level of knowledge
Answer: B
NEW QUESTION: 3
Instant Messaging (IM) allows a user to message each other in real-time.
A. FALSE
B. TRUE
Answer: B
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