ACAMS
CAMS · Question #394
CAMS Question #394: Real Exam Question with Answer & Explanation
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Question
Financial institutions (FIs) perform AML risk assessments to ensure:
Options
- Aa record for regulators indicating an AML risk assessment was completed at least once.
- Binternal audit assurance that all AML-related policy and procedures are board approved.
- Csatisfaction of the board of directors' approved risk appetite.
- Dproper controls surrounding higher-risk products, services, customers, and geographic locations.
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