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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?

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Suggested Answer: A

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

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Kizzy
4 days ago
C) seems risky, what if the lists were outdated?
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Terina
10 days ago
B) makes sense, but how often do they really update those lists?
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Cecily
15 days ago
I think D) is more practical for ongoing monitoring.
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Ernest
20 days ago
A) is definitely the safest bet for compliance.
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Christiane
25 days 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.
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Mila
1 month 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.
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Samira
1 month 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.
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Myra
3 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.
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