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CAMS · Question #902

CAMS Question #902: Real Exam Question with Answer & Explanation

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Question

Which of the following is an important factor to consider when setting up an anti-financial crimes (AFC) compliance program governance structure?

Options

  • AEnsuring the structure is reviewed by an outside auditor or consultant
  • BEstablishing a system of internal controls commensurate with the institution's size and complexity
  • CDesignating a qualified board of directors to monitor day-to-day compliance
  • DEstablishing clear roles and responsibilities for AFC risk escalations and issues

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