ACAMS
CAMS · Question #405
Federal law requires all U.S. financial institutions to secure and maintain all records and supporting documentation used m suspicious activity reporting for how many years?
Sign in or unlock CAMS to reveal the answer and full explanation for question #405. The question stem and answer options stay visible for context.
AML/CFT Compliance Programs
Question
Federal law requires all U.S. financial institutions to secure and maintain all records and supporting documentation used m suspicious activity reporting for how many years?
Options
- A2 years
- B5 years
- C10 years
- DNo requirement
Unlock CAMS to see the answer
You've previewed enough free CAMS questions. Unlock CAMS for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.
Topics
#record retention#SAR documentation#regulatory requirements#5-year rule