Text
Management should have a thorough understanding of the money laundering or terrorist financing risks of the bank’s customer base. Under this approach, the bank should obtain information at account opening sufficient to develop an understanding of normal and expected activity for the customer’s occupation or business operations. This information should allow the bank to differentiate between lower-risk customers and higher-risk customers at account opening. Banks should monitor their lower-risk customers through regular suspicious activity monitoring and customer due diligence processes. If there is indication of a potential change in the customer’s risk profile, management should reassess the customer risk rating.
Vocabulary
Common Words
| #
| English Term
| Russian Equivalent
|
| 1.
| additional
| дополнительный
|
| 2.
| business operations
| хозяйственная деятельность
|
| 3.
| e.g. (latin exempli gratia)
| например
|
| 4.
| employment
| трудовая деятельность
|
| 5.
| indication
| признак
|
| 6.
| occupation
| род занятий
|
| 7.
| regular
| стандартный
|
| 8.
| substantive
| значительный
|
| 9.
| sufficient
| достаточный
|
| 10.
| thorough
| тщательный, основательный
|
| 11.
| to confirm
| подтверждать
|
| 12.
| to differentiate
| проводить различие
|
| 13.
| to obtain
| получать
|
| 14.
| to reassess
| произвести повторную оценку
|
| 15.
| under
| в соответствии с
|
| 16.
| whether
| ли (союз, вводит придаточное)
|
Special Terms
| 17.
| a customer base
| клиентская база
|
| 18.
| a place of business
| местонахождение компании, рабочее место
|
| 19.
| a risk profile
| структура риска
|
| 20.
| a risk rating
| рейтинг риска
|
| 21.
| at account opening
| при открытии счета
|
| 22.
| banking references
| банковская информация
|
| 23.
| correspondence
| корреспонденция
|
| 24.
| Customer Due Diligence
| надлежащая проверка клиента
|
| 25.
| management
| руководство
|
| 26.
| public information
| общедоступная информация
|
| 27.
| third-party reference
| сведения от третьих лиц
|
Lesson 4
Text
The bank may determine that a customer poses a higher money laundering or terrorist financing risks because of the customer’s business activity, ownership structure, anticipated or actual volume and types of transactions, including those transactions involving higher-risk jurisdictions. For such customers due diligence policies, procedures, and processes should be enhanced as a result. Enhanced due diligence for higher-risk customers is especially critical in understanding their anticipated transactions and implementing a suspicious activity monitoring system that reduces the bank’s reputation, compliance, and transaction risks. Higher-risk customers and their transactions should be reviewed more closely at account opening and more frequently throughout the term of their relationship with the bank.
Vocabulary
Common Words
| #
| English Term
| Russian Equivalent
|
| 1.
| a purpose
| цель
|
| 2.
| a term
| срок
|
| 3.
| critical
| важный
|
| 4.
| frequently
| часто
|
| 5.
| occupation
| род занятий
|
| 6.
| throughout
| на всем протяжении
|
| 7.
| to determine
| определять
|
| 8.
| to enhance
| усиливать
|
| 9.
| to obtain
| получать
|
| 10.
| to reduce
| сокращать, снижать
|
Special Terms
| 11.
| a beneficial owner
| бенефициарный собственник / выгодоприобретатель
|
| 12.
| a financial statement
| финансовая отчетность
|
| 13.
| actual volume
| фактический объем
|
| 14.
| anticipated
| ожидаемый
|
| 15.
| at account opening
| при открытии счета
|
| 16.
| banking references
| банковская информация
|
| 17.
| business activity
| хозяйственная (предпринимательская) деятельность
|
| 18.
| compliance
| соблюдение, выполнение
|
| 19.
| designated
| уполномоченный, назначенный
|
| 20.
| higher-risk
| представляющий повышенный риск
|
| 21.
| intended nature
| предполагаемый характер
|
| 22.
| ownership structure
| форма собственности
|
| 23.
| policies, procedures and processes
| меры, процедуры и процессы
|
| 24.
| to implement
| внедрять, осуществлять, реализовывать
|
| 25.
| to pose a risk
| представлять риск
|
| 26.
| to review
| пересматривать, анализировать
|
