CAMS Question #903: Real Exam Question with Answer & Explanation

The correct answer is D. Providing effective challenge with AML staff and continuous cross-training. Effective AML programs promote aculture of compliance, which includes an environment where staff are empowered to raise concerns, challenge decisions, and continuously improve through cross- functional learning.Providing effective challengeis a supervisory expectation and best pr

Question

Which of the following attributes would enhance an AML program's effectiveness?

Options

AProviding basic AML training to all employees
BAn AML officer being appointed to the board as a working member of management with
CAuditors providing prescriptive guidance and support to the program following a less than
DProviding effective challenge with AML staff and continuous cross-training

Explanation

Effective AML programs promote aculture of compliance, which includes an environment where staff are empowered to raise concerns, challenge decisions, and continuously improve through cross- functional learning.Providing effective challengeis a supervisory expectation and best practice in institutions that value AML governance integrity. While AML officer authority (option B) supports oversight, it is not as impactful on daily operational effectiveness as fostering a challenging and adaptive compliance culture.

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