Acams Exam CAMS Topic 4 Question 69 Discussion

Actual exam question for Acams's Certified Anti-Money Laundering Specialist exam

Question #: 69
Topic #: 4

[All Certified Anti-Money Laundering Specialist Questions]

A financial institution (FI) has decided to revamp its compliance program to be more risk-based. Which option should the FI use as part of the new risk-based compliance program?

ALeadership-based

BPredictive-based

CTransaction-based

DData-based

Show Suggested Answer

Suggested Answer: C

by Peggie at Mar 09, 2024, 07:39 AM

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Iesha

1 days ago

I agree, data-based approach would allow the FI to analyze trends and patterns.

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Mike

2 days ago

I think the FI should use a data-based approach.

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