INV-TM-001Critical Risk
transaction monitoring
Red Flag
Client wires funds to the advisory account and immediately requests liquidation and wire-out to a different beneficiary, with no stated investment objective or time horizon.
Industry
Investment Advisers
Transaction Type
wire
Customer Type
individual
Category
Regulatory Source
Document:FIN-2015-G001 Investment Advisers
Type:FinCEN Guidance
CFR Citation:31 CFR §1024.220
SAR Category:Money laundering
FinCEN Key Term:In-and-Out
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.