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Question 373

Which actions are involved when a prosecutor instructs a bank to freeze the assets and bank
accounts held by one of its clients? (Choose three.)

  • A. Inform other banks in the same geographical area to freeze the client's assets if they are a member of that bank, too.
  • B. Extend the account and asset freeze to the client's family members as a precautionary measure.
  • C. Ensure the client and beneficiaries are unable to access any frozen assets during the freeze order. Most Votes
  • D. The institution does not need to comply with the request if the client's assets make the task unusually difficult or complex to access.
  • E. An affidavit must accompany the freeze order for the bank to comply with the request.
  • F. The institution should obtain a copy of the court order to freeze the assets of the named individuals. Most Votes
Answer:

C, F


User Votes:
A 32 votes
50%
B 12 votes
50%
C 104 votes
50%
D 8 votes
50%
E 96 votes
50%
F 111 votes
50%
Discussions
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Sorak
1 year, 7 months ago

C E and F

AnaA.
1 year, 6 months ago

F. L'institution doit obtenir une copie de l'ordonnance du tribunal visant à geler les avoirs des personnes nommées

manju
2 months, 1 week ago

C e f is answer

Oluwaseun15
1 month, 1 week ago

An affidavit must accompany the freeze order for the bank to comply with the request.
The institution should obtain a copy of the court order to freeze the assets of the named individuals

imranmazhar555
2 days, 11 hours ago

A bank must have proper documentation (like a court or prosecutorial order) before freezing any account to ensure legal backing and avoid violating customer rights.A sworn affidavit provides the legal justification and documentation supporting the freeze order, which is necessary for the bank’s internal compliance and audit.The purpose of the freeze is to prevent any dissipation, transfer, or withdrawal of assets that may be linked to criminal activity