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CAMS · Question #420

Which are essential elements of a KYC program identified by the Base1 Committee on Banking Supervision? (Select Two.)

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Compliance Standards (International AML/CFT Standards and the role of FATF)

Question

Which are essential elements of a KYC program identified by the Base1 Committee on Banking Supervision? (Select Two.)

Options

  • AInternal control
  • BCustomer acceptance policy
  • CCode of conduct
  • DRisk appetite
  • ERisk management

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Topics

#Basel Committee#KYC program#customer acceptance policy#risk management
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