Acams Exam CAMS Topic 1 Question 67 Discussion

Actual exam question for Acams's CAMS exam

Question #: 67
Topic #: 1

[All CAMS Questions]

Which principle about safeguarding privacy and data should an auditor adhere to when performing an AML investigation?

ACountries should clarify where AML and Data Protection Privacy laws are not balanced.

BAML and Data Protection Privacy laws should not be mutually exclusive.

CDuring evidence gathering, privacy laws are less important than local AML laws.

DTerrorist financing is more relevant in the context of data protection and supersedes laws.

Show Suggested Answer

Suggested Answer: C, E

by Lawrence at Jan 22, 2024, 01:00 PM

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Johnson

2 days ago

I'm going with C. When investigating money laundering, privacy laws can't get in the way of gathering evidence.

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Craig

4 days ago

I agree with Alonzo. It's important to balance both privacy and AML laws to ensure compliance and protect sensitive data.

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Alonzo

5 days ago

I think an auditor should adhere to the principle that AML and Data Protection Privacy laws should not be mutually exclusive.

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Lawrence

6 days ago

I believe that during evidence gathering, privacy laws should still be respected, even if AML laws are the primary focus.

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Becky

7 days ago

B seems like the best option. AML and data privacy laws should work together, not against each other.

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Chaya

8 days ago

I agree with Tabetha. It's important to balance both AML and privacy laws to ensure effective investigation.

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Tabetha

14 days ago

I think an auditor should adhere to the principle that AML and Data Protection Privacy laws should not be mutually exclusive.

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