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CAMS · Question #894

Which of the following measures can help maintain the independence of BSA/AML compliance staff to ensure effective compliance controls?

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AML/CFT Compliance Programs

Question

Which of the following measures can help maintain the independence of BSA/AML compliance staff to ensure effective compliance controls?

Options

  • AEstablishing BSA/AML compliance staff reporting to the management of the business line in the
  • BEnsuring BSA/AML compliance staff is primarily outsourced
  • CProviding BSA/AML compliance staff a reporting line to compliance or other second line of
  • DProviding BSA/AML compliance staff with a reporting line to the chief financial officer

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Topics

#compliance independence#BSA/AML#reporting lines#second line of defense
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