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CAMS · Question #117

CAMS Question #117: Real Exam Question with Answer & Explanation

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Question

What types of things should an institution incorporate in it AML policies and procedures? Choose 3 answers

Options

  • AOn-going training, as well as initial training of new employees
  • BPeriodic audits, to be performed by independent staff at least once a year
  • CAbility to incorporate relevant legislative and regulatory AML changes
  • DReview of the AML policy by the Board of Directors

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