ACAMS
CAMS · Question #243
CAMS Question #243: Real Exam Question with Answer & Explanation
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Question
The new compliance officer has reviewed the bank's anti-money laundering training program. The program consists of online training for all new employees within 30 days of hire date and annual refresher training to all employees. In addition, there is specialized training for areas that deal with higher risk products and customers. Over the last year, there have been no regulatory changes and no new products or services have been introduced. The compliance officer wants to propose to the board of directors that the annual refresher training is still current and can be delivered unchanged to all employees. Which two critical pieces of information could be missed by taking this approach? (Choose two.)
Options
- AAny new trends, developments, or risks
- BResults of the previous year's risk assessment
- CChanges to internal policies, procedures, and processes
- DLinks to enforcement actions identifying violations in other financial institutions
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