Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Acams Advanced-CAMS-Audit Exam - Topic 2 Question 31 Discussion

Which should the external auditor recommend to ensure that the institution did not facilitate transactions involving a sanctioned person?
A) Re-screen all transactions over the period of time when the updated sanction lists were not uploaded against the current sanctions lists.
B) Perform a security risk and access assessment on the sanction screening tool to ensure more timely sanctions lists are uploaded.
C) Re-screen all transactions based on the sanctions lists that were active at that time but not uploaded.
D) Periodically monitor the sanctions lists uploaded by the screening tool to ensure the most up-to-date lists are in the system. Recommended Action: Re-screening ensures compliance with sanctions and identifies potential violations retrospectively. This is a critical regulatory requirement for addressing gaps in screening coverage. FATF and Basel Guidelines: Emphasize retrospective reviews in cases of system lapses to maintain the integrity of the sanctions compliance program.

Acams Advanced-CAMS-Audit Exam - Topic 2 Question 31 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 31
Topic #: 2
[All Advanced-CAMS-Audit Questions]

Which should the external auditor recommend to ensure that the institution did not facilitate transactions involving a sanctioned person?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Louann at May 12, 2026, 06:30 PM

Limited Time Offer

25%

Off

Get Premium Advanced-CAMS-Audit Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Tammi
3 days ago
C seems reasonable too, but it only looks back at active lists.
upvoted 0 times
...
Johnna
8 days ago
I prefer D. Regular monitoring is key to staying compliant.
upvoted 0 times
...
Margurite
14 days ago
I think option A is the best. It covers all transactions during the lapse.
upvoted 0 times
...
Laquita
19 days ago
B) could help prevent this from happening again, but is it enough?
upvoted 0 times
...
Dean
24 days ago
Wait, how did they not upload the lists in the first place?
upvoted 0 times
...
Janella
29 days ago
Totally agree with A), better safe than sorry!
upvoted 0 times
...
Kattie
1 month ago
I disagree, D) is more proactive for future compliance.
upvoted 0 times
...
Lisbeth
1 month ago
A) seems like the safest bet to catch any missed transactions.
upvoted 0 times
...
Lettie
1 month ago
Totally agree with A), we can't afford any slip-ups!
upvoted 0 times
...
Kizzy
2 months ago
C) seems risky, what if the lists were outdated?
upvoted 0 times
...
Terina
2 months ago
B) makes sense, but how often do they really update those lists?
upvoted 0 times
...
Cecily
2 months ago
I think D) is more practical for ongoing monitoring.
upvoted 0 times
...
Ernest
2 months ago
A) is definitely the safest bet for compliance.
upvoted 0 times
...
Christiane
2 months ago
I’m leaning towards option A, but I’m a bit confused about whether it’s better to focus on the time when the lists weren’t uploaded or just to monitor the current lists.
upvoted 0 times
...
Mila
3 months ago
I feel like we practiced a similar question about sanctions compliance, and I think re-screening all transactions is crucial to identify any violations.
upvoted 0 times
...
Samira
3 months ago
I think option D makes sense because it emphasizes ongoing monitoring, but I wonder if it’s enough on its own without re-screening past transactions.
upvoted 0 times
...
Myra
4 months ago
I remember we discussed the importance of re-screening transactions, but I'm not sure if it should be based on the current lists or the ones that were active at the time.
upvoted 0 times
...

Save Cancel