ACAMS
CAMS · Question #875
What is the first step in designing an effective controls framework using a risk-based approach?
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AML/CFT Compliance Programs
Question
What is the first step in designing an effective controls framework using a risk-based approach?
Options
- AEstablishing risk controls
- BAssessing risk controls
- COngoing risk monitoring
- DConducting a risk assessment
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Topics
#risk-based approach#controls framework#risk assessment#compliance program design