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CAMS · Question #966

Reference data screening includes the screening of which types of datasets? (Select Two.)

The correct answer is B. Customers C. Third-party service providers. Customers (B):"All customers must be screened against sanctions, PEP, and adverse media lists as part of onboarding and ongoing due diligence."(CAMS 6th Edition, Due Diligence and Third-party service providers (C):"Screening should extend to relevant third parties, such as…

AML/CFT Compliance Programs

Question

Reference data screening includes the screening of which types of datasets? (Select Two.)

Options

  • ATypes of payment messages
  • BCustomers
  • CThird-party service providers
  • DCustomer spouses

How the community answered

(51 responses)
  • A
    8% (4)
  • B
    76% (39)
  • D
    16% (8)

Explanation

Customers (B):"All customers must be screened against sanctions, PEP, and adverse media lists as part of onboarding and ongoing due diligence."(CAMS 6th Edition, Due Diligence and Third-party service providers (C):"Screening should extend to relevant third parties, such as agents and service providers, to prevent indirect exposure to sanctioned entities."(CAMS 6th Edition, Third- Party Screening; FATF Recommendations)

Topics

#sanctions screening#reference data#customer screening#third-party screening

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