Higher Customer Customer crime does not resides in a regions reside in a region with region with high higher frequency frequency and and severity of severity of crimes with crimes with money money laundering laundering risk risk History Customer Customer of high does not resides in a risk reside in a region that activity region that or fraud a higher a higher incidence incidence of high risk of high risk activity or activity or fraud International geographic risk factors Customer risk is higher among customers with connections outside country, especially connections to higher risk countries (see para 107) . Attribute Lower risk Higher risk example example Foreign tax Countries Countries or physical risk ranked risk ranked residency as low by as high by of customer the Life the Life Insurer Insurer Foreign ties Customer Customer or does not has have any requested indicators or of foreign performed residency or with ties to high risk outside of countries country Geographic Risk Red Flags
Higher crime regions Customer does not reside in a region with higher frequency and severity of crimes with money laundering risk Customer resides in a region with high frequency and severity of crimes with money laundering risk History of high risk activity or fraud Customer does not reside in a region that a higher incidence of high risk activity or fraud Customer resides in a region that a higher incidence of high risk activity or International geographic risk factors Customer risk is higher among customers with connections outside country, especially connections to higher risk countries (see para 107) . Attribute Lower risk example Higher risk example Foreign tax or physical residency of customer Countries risk ranked as low by the Life Insurer Countries risk ranked as high by the Life Insurer Foreign ties or Customer does not have any indicators of foreign residency or outside of country Customer has requested or performed with ties to high risk countries Geographic Risk Red Flags
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