ANFI case studies
ANFI · Put your knowledge to work in context.
The ANFI certification is aimed at professionals who work at the intersection of client-facing financial services and regulatory compliance - typically staff in onboarding, relationship management, operations, and financial-crime prevention roles at banks, brokerages, payment firms, and asset managers. The exam tests whether a candidate can apply a compliance framework to everyday decisions rather than merely recall definitions. The ANFI case studies are 5 cases and about 2,001 words.
1The Reluctant Source of Funds Explanation
A private bank in Country A onboards a new individual client, Mr. K, a 58-year-old retired civil engineer.
433 words, about 2 min2The Structuring Pattern Across Three Branches
A retail bank's automated monitoring flags a customer, a 34-year-old owner of a small electronics import business, for 11 cash deposits over six weeks. Each deposit is between USD 8,500 and USD 9,800, always below the USD 10,000 reporting threshold, and they are spread across three branches in two cities.
365 words, about 2 min3The Advisor's Outside Business Activity
An advisor at a wealth firm, licensed and registered, has for eight months been recommending that several clients invest in a private property fund. The fund is managed by a company owned by the advisor's brother-in-law.
395 words, about 2 min4The Elderly Client and the New 'Friend'
An 81-year-old client, a widow with USD 3.5 million in a managed account, has been a client for 20 years. Over three weeks she has made three requests: liquidate USD 600,000 of a diversified portfolio into cash, transfer USD 250,000 to a newly added payee described only as 'Michael, a friend who helps me,' and add Michael as a joint signatory.
419 words, about 2 min5The Recordkeeping Gap After a Staff Departure
A small advisory firm's senior compliance officer left abruptly. You are brought in as a consultant and find: client identification records for 14 of 60 clients are missing or incomplete (no verified address or ID copy); suitability questionnaires for 9 clients are undated or unsigned; several emails discussing a client's source of funds were deleted when the officer's account was closed; and the firm's transaction log for the past year is a spreadsheet maintained by one administrator with no backup.
389 words, about 2 min