All of the following statements about an insurance company's anti-money laundering program are correct EXCEPT:

A) The program must be available to the US Treasury Department.
B) The program must be in writing.
C) The program must comply with NAIC's model regulation for anti-money laundering programs.
D) The program must be approved by senior management.



Answer :

Final answer:

Insurance companies' anti-money laundering programs must be written, compliant with regulations, and approved by senior management.


Explanation:

Insurance companies' anti-money laundering programs are crucial to prevent illegal financial activities. These programs must be in writing, comply with relevant regulations, like the NAIC's model, and be approved by senior management. While the program must be available to regulatory bodies like the US Treasury Department, it's not a requirement that it must be exclusively available to them.


Learn more about Insurance companies' anti-money laundering programs here:

https://brainly.com/question/37458184