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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?

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Suggested Answer: C, E

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

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Dorinda
3 months ago
I'm torn between B and C. Maybe the answer is 'B, but with a big asterisk next to it.'
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Sheron
2 months ago
User 3: Definitely, it's important to consider both when conducting an AML investigation.
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Sang
2 months ago
User 2: I agree, they shouldn't be mutually exclusive.
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Reuben
2 months ago
User 1: I think the key is to balance AML and Data Protection Privacy laws.
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Corinne
3 months ago
B is the way to go. Auditors need to balance AML and privacy - they shouldn't have to choose between them.
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Stephen
2 months ago
User 3: It's important for countries to clarify where the laws are not balanced.
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Melda
2 months ago
User 2: Definitely, they shouldn't have to choose between them.
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Natalya
3 months ago
User 1: I agree, auditors should balance AML and privacy laws.
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Tawny
3 months ago
D is just ridiculous. Terrorist financing doesn't trump data protection laws, that's absurd!
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Salley
2 months ago
C) During evidence gathering, privacy laws are less important than local AML laws.
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Josefa
3 months ago
B) AML and Data Protection Privacy laws should not be mutually exclusive.
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Kanisha
3 months ago
A) Countries should clarify where AML and Data Protection Privacy laws are not balanced.
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Lilli
4 months ago
I believe that during evidence gathering, privacy laws should still be respected, even if local AML laws are in place. It's crucial to protect individuals' privacy rights.
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Johnson
4 months 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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Jacki
3 months ago
I agree with you. It's crucial that they are not mutually exclusive.
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Novella
3 months ago
I think B is more important. We need to balance AML and privacy laws.
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Gregoria
3 months ago
I agree with you, B seems like the most appropriate choice in this situation.
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Frederica
3 months ago
I think B is the correct answer. Privacy laws and AML laws should work together.
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Craig
4 months 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
4 months 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
4 months 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
4 months ago
B seems like the best option. AML and data privacy laws should work together, not against each other.
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Crissy
3 months ago
Heidy: Yes, it seems like the best option for safeguarding privacy and data.
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Felicitas
3 months ago
User 3: So, B is the right choice then.
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Heidy
3 months ago
User 2: Definitely, they should not be mutually exclusive.
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Ilene
3 months ago
User 1: I agree, AML and data privacy laws should complement each other.
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Chaya
4 months ago
I agree with Tabetha. It's important to balance both AML and privacy laws to ensure effective investigation.
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Tabetha
4 months 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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