ACAMS
CAMS · Question #682
The Financial Action Task Force (FATF) routinely publishes a catalog of jurisdictions requiring enhanced monitoring, which is commonly called the:
The correct answer is C. Grey list. The FATF Grey List consists of countries with AML/CFT deficiencies that have committed to reforms. Option C (Correct): Grey-listed jurisdictions are under increased monitoring and must address identified deficiencies within a set timeframe.
Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
The Financial Action Task Force (FATF) routinely publishes a catalog of jurisdictions requiring enhanced monitoring, which is commonly called the:
Options
- AYellow notice.
- BRed notice.
- CGrey list.
- DWhite list.
How the community answered
(42 responses)- A10% (4)
- B2% (1)
- C86% (36)
- D2% (1)
Explanation
The FATF Grey List consists of countries with AML/CFT deficiencies that have committed to reforms. Option C (Correct): Grey-listed jurisdictions are under increased monitoring and must address identified deficiencies within a set timeframe.
Topics
#FATF grey list#enhanced monitoring#jurisdictional risk#FATF publications
Community Discussion
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