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CAMS · Question #532

Which of the following should an anti-money laundering specialist consider the most serious deficiency when detected during a regulatory audit of the anti-money laundering program?

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AML/CFT Compliance Programs

Question

Which of the following should an anti-money laundering specialist consider the most serious deficiency when detected during a regulatory audit of the anti-money laundering program?

Options

  • AThe compliance officer fails to have on-going meetings with upper management to keep them
  • BThe company's anti-money laundering manual has not been updated to reflect a recent internal
  • CThe company has failed to download the most recent regulation from the Financial Intelligence
  • DThe company has not implemented an anti-money laundering training program.

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Topics

#AML training program#regulatory audit#program deficiencies#compliance program
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