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Why do government entities around the world believe that a risk-based approach to AML/CFT compliance is a preferable prescriptive measure?
Suggested Answer: B
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7 comments · newest first
WA
Wai
1 year ago
Wait, are they really saying subjective criticisms are easier? That sounds off!
LA
Lachelle
1 year ago
Hard rules can be too rigid; risk-based is definitely the way to go.
DE
Destiny
1 year ago
Really? I doubt a risk-based approach is always the best way.
LA
Lashawn
1 year ago
Totally agree, focusing on high-risk customers makes sense!
AL
Aleta
1 year ago
It's all about being more flexible and effective.
DE
Desirae
1 year ago
Hmm, I'm a bit unsure about the redundancy aspect. Let me re-read the question carefully.
MO
Mona
1 year ago
I'm a bit unsure on this one. The patient's blood pressure is still high, so we'll need to do something to get it under better control. Increasing the dose or adding a new medication could both be reasonable approaches.