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Acams CKYCA Exam - Topic 1 Question 6 Discussion

A KYC analyst suspects a transaction is related to a sanctioned individual. How should the analyst respond?
D) Report the issue immediately according to the defined procedures.
A) Continue with the due diligence onboarding procedure, focusing on primary and secondary documentation.
B) Discuss the issue with the firm's compliance officer as it is of low priority.
C) Reach out to the customer to confirm their sanctions status during the onboarding process, and after that, once a year.

Acams CKYCA Exam - Topic 1 Question 6 Discussion

Actual exam question for Acams's CKYCA exam
Question #: 6
Topic #: 1
[All CKYCA Questions]

A KYC analyst suspects a transaction is related to a sanctioned individual. How should the analyst respond?

Show Suggested Answer Hide Answer
Suggested Answer: D

Any suspicion of a link to a sanctioned individual must be reported immediately through the institution's defined sanctions compliance procedures to ensure legal and regulatory obligations are met without tipping off the customer.


by Avery at Oct 18, 2025, 09:28 AM

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Paz
6 months ago
Definitely D. Procedures exist for a reason.
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Burma
6 months ago
C is okay, but we need to confirm right away, not just once a year.
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Fletcher
6 months ago
B feels wrong. Compliance should always be a priority.
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Lawrence
7 months ago
Option A seems too lenient. We need to act fast.
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Altha
7 months ago
Agreed! We can't take risks with sanctioned individuals.
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Aretha
7 months ago
I think D is the best choice. Immediate reporting is crucial.
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Nichelle
7 months ago
C seems a bit too lenient for my taste. Better to report right away.
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Sage
7 months ago
B is way off. This is a serious issue, not low priority!
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Salome
8 months ago
I think A could work too, but D is definitely safer.
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Ashton
8 months ago
D is the only correct response here. Immediate reporting is crucial.
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Socorro
8 months ago
A) Continue with the due diligence onboarding procedure, focusing on primary and secondary documentation. Gotta make sure we dot all the i's and cross all the t's, right?
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Clarinda
8 months ago
D) Report the issue immediately according to the defined procedures. Can't risk getting caught up in any shady sanctions stuff. Not on my watch!
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Sylvia
8 months ago
B) Discuss the issue with the firm's compliance officer as it is of low priority. Compliance? What's that? I'm just here to make money, baby!
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Wenona
8 months ago
C) Reach out to the customer to confirm their sanctions status during the onboarding process, and after that, once a year. Gotta keep those customers on their toes!
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Frank
9 months ago
D) Report the issue immediately according to the defined procedures. Better safe than sorry when it comes to sanctions!
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Francoise
9 months ago
A) Continue with the due diligence onboarding procedure, focusing on primary and secondary documentation. Gotta cover all the bases, you know?
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Vicki
9 months ago
D) Report the issue immediately according to the defined procedures. This is the correct response as any suspicion of sanctions involvement should be reported without delay.
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Nu
9 months ago
Gotta be thorough with the due diligence here. I'd start there and then decide if I need to escalate it to compliance.
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Yoko
10 months ago
Wait, can you really just reach out to the customer? Sounds risky.
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Irma
10 months ago
I think option D is the way to go. Reporting it right away is the responsible thing to do, even if it ends up being low priority.
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Annamae
10 months ago
I'm a bit confused on the best approach here. Should I reach out to the customer or just discuss with compliance? Not sure what the right move is.
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Elden
10 months ago
Definitely report it immediately - that's the safest option. Better to be safe than sorry when it comes to sanctions.
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Adelle
11 months ago
Hmm, this seems like a tricky one. I'd want to be really careful and follow the proper procedures to handle this properly.
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Genevieve
5 months ago
I’d also consult with the compliance officer before taking action.
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Pansy
5 months ago
Definitely, we need to protect the firm’s reputation.
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Ulysses
6 months ago
I think reporting immediately is crucial. Can't take risks.
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Alfred
9 months ago
Agreed! Following procedures is key in these situations.
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Taryn
11 months ago
I feel like option D makes the most sense, but I wonder if there are situations where you might need to gather more information first before reporting.
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Cordelia
11 months ago
I’m a bit confused about whether reaching out to the customer is a good idea. It seems risky to confirm their sanctions status directly.
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Andra
11 months ago
I remember a practice question where we had to prioritize compliance issues, and I think discussing it with the compliance officer is important, but it feels like a low priority isn't the right approach here.
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Shelia
11 months ago
I think the analyst should definitely report the issue immediately, but I’m not entirely sure if that’s option D or if there’s a specific protocol to follow first.
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