Q26 Single choice Mark for later Which step should financial institutions take when complying with sanctions requirements ? A Adopt automatic screening systems to detect designated persons and entities. B Change the risk profile to "high-risk" if an existing customer becomes a sanctioned entity and continue monitoring further transactions. C Conduct enhanced due diligence (EDD) for prohibited entities on the sanctions list. D Freeze the funds or assets of designated persons and entities once this decision is approved by the board. Correct answer