Acams Exam CAMS Topic 1 Question 67 Discussion

Actual exam question for Acams's Certified Anti-Money Laundering Specialist exam

Question #: 67
Topic #: 1

[All Certified Anti-Money Laundering Specialist Questions]

The bank's Compliance Officer is tasked with designing standards based on Basel's KYC principles. Which essential elements should be included in the program? (Choose two.)

AAppointing an independent audit function

BConducting a money laundering risk assessment

CDocumenting a customer acceptance policy

DEstablishing on-going monitoring of high-risk accounts

EReporting suspicious activity

Show Suggested Answer

Suggested Answer: C, E

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

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