| High-Risk Country Transaction Report: (“HRC”): If at the time of establishing or in the course of the customer relationship or when conducting transactions on behalf of a customer, a reporting entity observes transactions related to high-risk countries subject to a Call for Action (access the list of jurisdictions here), then the entity is required to submit an HRC. High-Risk Country Activity Report ("HRCA"): If during the establishment or course of the customer relationship or when conducting an activity on behalf of a customer, a reporting entity identifies activities related to high-risk countries subject to a Call for Action (access the list of jurisdictions here), then the entity should submit an HRCA. |
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