Acams CAMS Exam - Topic 2 Question 40 Discussion

Actual exam question for Acams's CAMS exam

Question #: 40
Topic #: 2

[All CAMS Questions]

According to the Basel Committee on Banking Supervision, banks should deal with high-risk customers by:

Amaintaining segregated records to enable easy inspection by law enforcement in case of a subpoena.

Bassigning those customers to specified private bankers for better monitoring of their offshore transactions.

Cperforming enhanced due diligence including enhanced ongoing monitoring of the account activity.

Dseeking approval from the board of directors before establishing the relationship.

Show Suggested Answer

Suggested Answer: C

by Beckie at May 04, 2022, 04:14 PM

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5 months ago

C is the right approach for high-risk customers.

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This looks like a straightforward question on the goals of clustering. I think I can handle this - the key is to remember that clustering is an unsupervised technique, so the goal is not to maximize a utility function, but rather to find similarities in the data.

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Jesusa

6 months ago

This seems straightforward. I'm pretty confident I can figure out the one method that doesn't need to be overwritten if I just think it through logically.

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Kiley

6 months ago

I feel like I might be confusing EVPN Type with the types of routes seen in a different scenario. Did we cover an example like this?

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Joni

6 months ago

I'm a bit unsure, but I think using MST instead of STP could also help with scalability.

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Lorrine

6 months ago

I'm hesitant about option E; I wonder if integrations would be automatically restored or if we'd have to manually reconnect everything after the rollback.

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Acams CAMS Exam - Topic 2 Question 40 Discussion

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