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CAMS · Question #701

CAMS Question #701: Real Exam Question with Answer & Explanation

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Question

When under a regulator's consent order or similar action, who at an organization is ultimately accountable for the remediation of any violations of AML/CFT laws and regulations?

Options

  • AChief Operating Officer (COO)
  • BBoard of Directors
  • CDesignated AML Compliance Officer
  • DChief Executive Officer (CEO)

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