A Licensed Person shall appoint a Compliance Officer at the senior management level to be responsible for the implementation of the provisions of the Anti-Money Laundering and Combating Financing of Terrorism Law and any relevant laws, and of the requirements of this Module. The Licensed Person shall instruct all staff to promptly refer to the Compliance Officer any complex, huge, or unusual transaction, or any transaction that raises doubts or suspicion, or any activity that is related or suspected to be related to money laundering, financing of terrorism, terrorist acts, or terrorist organizations in order to take necessary action for referral to the FIU. The Compliance Officer must be a registered and qualified person, and have practical experience in anti-money laundering and combating financing of terrorism.