Discuss Acams CGSS Exam Topic 3 Question 7

A compliance officer is performing a periodic evaluation on the accuracy of the sanctions screening filter. Which risk-based controls should be implemented? (Select Two.)

AEnsuring the sanctions lists are current

BStopping all customer transactions for review

CAdding every country's sanctions list available to the screening environment

DScreening customer names only

EUsing fuzzy logic to capture alternative spelling variations

Suggested Answer: A, E

Risk-based screening controls include:

* Ensuring sanctions lists are current -- list freshness is essential to avoid processing transactions with newly designated parties.

* Using fuzzy logic -- captures alternative spellings, transliterations, phonetic differences, and reduces missed true matches.

Stopping all transactions (B) is not risk-based. Adding every country's sanctions list (C) creates operational noise without regulatory justification. Screening only names (D) ignores other critical fields like addresses, intermediaries, and free-text descriptions.

Risk-based list management expectations.

Fuzzy logic requirement for capturing name variations in sanctions tools.

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26 comments · newest first

Filiberto 2 months ago

Fuzzy logic helps catch errors in names.

Madalyn 2 months ago

Stopping all transactions? That's impractical.

Desire 2 months ago

I agree, A is a must.

Carry 2 months ago

A and E seem essential.

Christa 3 months ago

C is unnecessary. Too many lists complicate things.

Rosenda 3 months ago

B is too extreme. We can't stop all transactions.

Elza 3 months ago

I agree! Fuzzy logic helps catch spelling errors.

Alease 3 months ago

A and E seem best. Current lists are crucial.

Curt 3 months ago

Right, B isn't practical. A and E balance accuracy and efficiency.

Sharika 4 months ago

B seems too extreme. We can't stop all transactions.

Verda 4 months ago

Agreed, A is a must. E helps catch spelling errors too.

Nana 4 months ago

I think A and E are the best choices. Keeping lists current is crucial.

Lyda 4 months ago

Fuzzy logic? Sounds complicated, not sure if that's necessary.

Talia 4 months ago

Wait, why would you only screen names? D doesn't make sense.

Belen 6 months ago

B seems too extreme, that would slow everything down.

Magda 6 months ago

Totally agree with A and E!

Cyril 6 months ago

A) Ensuring the sanctions lists are current is a must!

Mignon 6 months ago

Adding every country's list seems excessive, right?

Rolf 6 months ago

Keeping sanctions lists current is a must, so A is spot on.

Carolann 7 months ago

Surprised that D is even an option, that's way too limited!

Leigha 7 months ago

I disagree, B could be necessary in high-risk scenarios.

Gearldine 7 months ago

A and E are definitely the best choices.

Delfina 7 months ago

I recall a practice question where adding every country's sanctions list was mentioned, but it seems like that could create more noise than clarity.

Novella 7 months ago

Stopping all customer transactions for review seems too extreme. I feel like that wouldn’t be practical in most cases.

Nickolas 7 months ago

I'm not entirely sure, but I remember something about using fuzzy logic to capture alternative spellings. That might be a good option too?

Erin 8 months ago

I think ensuring the sanctions lists are current is definitely one of the key controls we discussed. It seems essential for accuracy.

Acams CGSS Exam - Topic 3 Question 7 Discussion