Acams CKYCA Exam - Topic 4 Question 12 Discussion

Actual exam question for Acams's CKYCA exam

Question #: 12
Topic #: 4

Once a banking KYC analyst applies CDD onboarding procedures and builds a customer risk profile, ongoing monitoring needs to be implemented for the primary purpose of:

Aunderstanding the nature and purpose of the customer relationship.

Bfulfilling senior management's obligations.

Ccomplying with bank's internal policies and procedures.

Didentifying and reporting suspicious transactions.

Show Suggested Answer

Suggested Answer: D

The primary purpose of ongoing monitoring after CDD is to detect unusual or suspicious activity that may indicate money laundering, terrorism financing, or other illicit behavior, so it can be reported promptly to the relevant authorities.

by Julene at Apr 12, 2026, 04:34 AM

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Franklyn

3 days ago

I think the main goal of ongoing monitoring is to identify and report suspicious transactions, so I would lean towards D.

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