MCQ Answer
A. To classify types of financial institutions.
B. To identify new and emerging methods (techniques and schemes) used by money launderers and terrorist financiers.
Correct
Explanation
Typologies studies help regulators and institutions stay ahead of evolving criminal methods.
C. To categorize types of bank accounts.
D. To standardize global accounting methods.
Correct Answer
To identify new and emerging methods (techniques and schemes) used by money launderers and terrorist financiers.