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Q11 Single choice

A Financial Intelligence Unit (FIU) in a country has received a SAR involving significant suspicious fund transfers , not only within its jurisdiction but also in a foreign country . Further information is required from the foreign country to determine whether the matter needs to be referred for prosecution locally.

Which of the following statements is true in this scenario?

A
Sovereignty of nations means that information cannot be accessed from foreign countries.
B
It is against international laws on data protection to access information from foreign countries.
C
Any information related to money laundering can be received from any organization at any time regardless of jurisdiction.
D
Countries that are members of the Egmont Group can request assistance for information from each other.

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