Which term describes transactions requiring enhanced scrutiny for compliance?

Study for the Certified Bank Secrecy Act Professional Test. Use flashcards and multiple-choice questions with hints and explanations. Get exam ready!

In AML programs, a risk-based approach means some transactions are flagged for closer review because they pose higher risk. The term that fits this idea is risky transactions, since it directly describes those activities that require enhanced due diligence, additional documentation, and closer monitoring to ensure their legitimacy. On the other options: CIP relates to verifying a customer’s identity at onboarding, not ongoing scrutiny of transactions; an interest-bearing account is simply a product type; unblocked property reporting isn’t a standard AML term.