This document outlines the Repetitive Transactions rule used by Deutsche Bank's Private Wealth Management (PWM) to flag suspicious repetitive transactions. The rule targets transactions of the same type that occur within a predefined timeframe and exceed a predefined dollar value, potentially indicating attempts to mask the magnitude or nature of transactions. The document includes an analysis of ATM transactions from March 2011, highlighting the number of transactions and accounts flagged by the rule.
documents/vol00010-efta01368699-pdf.pdf
{"title":"Deutsche Bank Compliance - Repetitive Transactions","document_date":"2011-03-31","document_type":"tabular","document_subtype":"Compliance Report","key_organizations":["Deutsche Bank","Private Wealth Management (PWM)"],"reference_numbers":["DB-SDNY-0060605","SDNY_GM_00206789","EFTA01368699"]}