Answered

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Question 3

Select the appropriate response:

Life insurance companies are required to establish and maintain an anti-money laundering compliance program according to which federal regulation?

Sagot :

GinnyAnswer

Final answer:

Life insurance companies must comply with federal regulations, including anti-money laundering programs.


Explanation:

Life insurance companies are required to establish and maintain an anti-money laundering compliance program according to federal regulations. One such important regulation is the requirement to use the conversion method mandated or recommended by the relevant regulatory agency.


Learn more about Federal regulations for life insurance companies here:

https://brainly.com/question/42995486


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