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CAMS · Question #816

Perpetual KYC includes: (Choose two.)

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AML/CFT Compliance Programs

Question

Perpetual KYC includes: (Choose two.)

Options

  • Atriggers identifying static data changes and data based on client's behaviors in real time.
  • Bperiodic refreshing at one-, three- and five-year cycles.
  • Cability to prioritize better based on client data rather than driven by schedules alone.
  • Dclassification of clients into categories of risk.

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Topics

#perpetual KYC#real-time monitoring#event-driven triggers#risk-based approach
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