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CAMS · Question #863

CAMS Question #863: Real Exam Question with Answer & Explanation

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Question

A risk-based approach (RBA) to anti-financial crimes (AFC) involves understanding and managing risks by:

Options

  • Aapplying uniform controls to all customers, regardless of their risk profile
  • Ballocating resources and implementing controls based on the level of identified risks
  • Cprioritizing regulatory compliance over customer experience and operational efficiency
  • Drelying on automated systems to detect and mitigate AFC risks

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