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CAMS · Question #606

CAMS Question #606: Real Exam Question with Answer & Explanation

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Question

How should a compliance program respond to an AML audit finding?

Options

  • ABy using the findings to identify and assess their money laundering risk
  • BBy closing the accounts that were subject to findings
  • CBy giving recommendations for each finding as part of an audit report
  • DBy nominating an independent party to implement the corrective action

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