What does the term 'positive match' refer to in the context of 314(a) requests?

What does the term 'positive match' refer to in the context of 314(a) requests?

• A. A confirmed identification of a suspect
• B. An interaction with a potential terrorist
• C. A match found in the financial records
• D. A verification of a suspicious transaction

Answer: (C)

In the context of 314(a) requests, a 'positive match' specifically refers to a match found in the financial records. This means that the financial institution has identified that a transaction or an account aligns with the individuals or entities that appear in the list provided by law enforcement agencies, particularly those related to potential money laundering or terrorist financing activities. The 314(a) process is part of the USA PATRIOT Act, which allows for the sharing of information between financial institutions to help identify and mitigate risks associated with money laundering and terrorist financing. When an institution finds a connection in its financial records that corresponds to the data in a 314(a) request, it indicates a significant finding or alert that needs further investigation in compliance with regulatory requirements. This connection is critical for law enforcement to take appropriate actions. Other options, while they may seem relevant in different contexts, do not align with the specific definition of a 'positive match' regarding 314(a) requests. The focus of a 'positive match' is exclusively on the financial records, making option C the accurate choice.

In the context of 314(a) requests, a 'positive match' specifically refers to a match found in the financial records. This means that the financial institution has identified that a transaction or an account aligns with the individuals or entities that appear in the list provided by law enforcement agencies, particularly those related to potential money laundering or terrorist financing activities.

The 314(a) process is part of the USA PATRIOT Act, which allows for the sharing of information between financial institutions to help identify and mitigate risks associated with money laundering and terrorist financing. When an institution finds a connection in its financial records that corresponds to the data in a 314(a) request, it indicates a significant finding or alert that needs further investigation in compliance with regulatory requirements. This connection is critical for law enforcement to take appropriate actions.

Other options, while they may seem relevant in different contexts, do not align with the specific definition of a 'positive match' regarding 314(a) requests. The focus of a 'positive match' is exclusively on the financial records, making option C the accurate choice.