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CAMS · Question #521

CAMS Question #521: Real Exam Question with Answer & Explanation

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Question

Which test should be included in a bank's Office of Foreign Assets Control sanctions screening audit program?

Options

  • AReviewing wire transfer screening processes to ensure that potential name hits are investigated
  • BLooking at copies of suspicious activity reports filed with regulators to ensure completeness
  • CEnsuring that all clients with foreign identification are subject to enhanced due diligence
  • DExamining Human Resources processes for conducting criminal background checks on

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