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Acams CAMS Exam - Topic 4 Question 22 Discussion

Posted by Tarra on May 07, 2022 at 11:42 PM

When the minimum CDD standards of the home and host countries differ, the offices in the host countries should follow which requirements?

Suggested Answer: C

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8 comments · newest first
ST
Staci 1 year ago
Not sure if that's always the best approach though...
KE
Keshia 1 year ago
Local rules are usually more relevant, I agree!
CH
Charlene 1 year ago
Wait, why would we not just follow the home country's standards?
KA
Kayleigh 1 year ago
I think the higher standard of the two makes more sense.
HU
Hui 1 year ago
Definitely local rules and regulations!
CH
Chandra 1 year ago
Okay, let's break this down. Classification and regression are both predictive modeling techniques, where the goal is to predict an output variable based on input variables. And they are considered supervised learning methods, since the training data has labeled outputs.
FA
Fabiola 1 year ago
Hmm, I'm a bit unsure about this one. I know private blockchains are used for business, but I'm not totally clear on the specific goals.
TA
Tamesha 1 year ago
I think it might be option A, because local regulations usually take precedence in practice.
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