CAMS · Question #865
CAMS Question #865: Real Exam Question with Answer & Explanation
The correct answer is C. Revisiting the post-transaction monitoring system parameters and thresholds. A low number of sanctions screening alerts relative to the size and scope of operations may indicate overly restrictive or inappropriate monitoring parameters. Revisiting and adjusting the post- transaction monitoring system parameters and thresholds ensures that the system is ca
Question
Options
- AReviewing the enterprise-wide risk assessment methodology
- BEnhancing staff training on the documentation of justification on closed alerts
- CRevisiting the post-transaction monitoring system parameters and thresholds
- DReviewing the fuzzy logic currently adopted in the screening system
Explanation
A low number of sanctions screening alerts relative to the size and scope of operations may indicate overly restrictive or inappropriate monitoring parameters. Revisiting and adjusting the post- transaction monitoring system parameters and thresholds ensures that the system is calibrated to detect potential sanctions breaches effectively.
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