IAPP Exam CIPP-A Topic 2 Question 71 Discussion

Actual exam question for IAPP's CIPP-A exam

Question #: 71
Topic #: 2

Which control is NOT included in the requirements established by the Monetary Authority of Singapore (MAS) for financial institutions in order to deter money-laundering and financial aid to terrorism (AML/CFT)?

AIdentifying and knowing customers.

BSharing personal information with the PDPC.

CConducting regular reviews of customer accounts.

DMonitoring and reporting suspicious financial transactions.

Show Suggested Answer

Suggested Answer: A

by Vallie at Oct 24, 2024, 08:44 AM

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Deangelo

1 days ago

I disagree. I believe the answer is C) Conducting regular reviews of customer accounts because it is not specifically mentioned in the requirements by MAS.

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Gracie

7 days ago

I agree with Walker. Sharing personal information with the PDPC is not a requirement for AML/CFT.

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Walker

15 days ago

I think the answer is B) Sharing personal information with the PDPC.

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