1. DNFBP stands for
- A. designated non-profit businesses and professions
- B. None of these
- C. designated non-financial businesses and professor
- D. designated non-financial businesses and professions
Check answer and explanation
Answer: designated non-financial businesses and professions
Explanation Under the Anti-Money Laundering Act, the Federal Board of Revenue is responsible for ensuring that designated non-financial businesses and professions (DNFBPs) including real estate agents, dealers in precious metals and stones, and FBR-supervised accountants comply with anti-money laundering and counter financing of ... RY5022023