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Question 372

A Trust and Company Service Provider (TCSP) providing services should have policies and procedures
in place to identify critical information of the:

  • A. general manager.
  • B. signatory. Most Votes
  • C. controller.
  • D. registered address.
Answer:

B


Explanation:
Reference:
https://www.fatf-gafi.org/media/fatf/documents/reports/RBA-Trust-Company-Service-
Providers.pdf

User Votes:
A 1 votes
50%
B 67 votes
50%
C 54 votes
50%
D 13 votes
50%
Discussions
0 / 1000
Sorak
1 year, 8 months ago

C controller

AnaA.
1 year, 8 months ago

B. signataire.

adnan_shaikat
1 year, 1 month ago

controller.

Assist.moli
1 year ago

C controller

MOCAMS
6 months, 3 weeks ago

الاجابة الصحيحة هي د

alban_999
4 months, 3 weeks ago

Controller is the person who has significant control and influence over the company's operations. While signatories are authorized to sign documents on behalf of the company, they may not necessarily be the beneficial owners or have substantial control over the entity.

manju
3 months, 3 weeks ago

B is the answer

Oluwaseun15
2 months, 4 weeks ago

B. signatory

trinka5
1 week, 6 days ago

A Trust and Company Service Provider (TCSP) must have robust policies and procedures to identify beneficial owners and those who control the company, as they present the highest AML/CFT risks.

The controller is the person who exercises effective control over the company or trust – this is critical information for AML purposes.

This aligns with FATF recommendations and AML obligations that stress the identification of those who own or control legal persons or arrangements.