Which o! the following are considered best practices regarding senior management involvement in a financial crime compliance program? (Select Two.)

Mandatory participation by senior management in all regulatory inspections is impractical, not an established best practice, and is inconsistent with risk-based governance - involvement in inspections is typically selective and proportionate.

Mandatory attendance at all financial crime trainings is operationally burdensome and is not a recognized best practice - the standard expectation is senior management oversight and endorsement of the training program, not personal attendance at every session.

Establishing clear escalation criteria ensures that significant financial crime risks and compliance breaches are surfaced to senior management in a structured and timely way, enabling informed governance decisions. Without defined thresholds and pathways, material issues may not reach decision-makers, leaving the organization exposed to regulatory and reputational harm.

Setting tone from the top is a foundational best practice recognized by FATF and global regulators in which senior management's visible, active commitment to AML and compliance drives the ethics and behaviors of the entire organization. A strong tone from the top signals that financial crime compliance is a strategic priority, not merely a regulatory checkbox.