Acams Exam Advanced-CAMS-Audit Topic 3 Question 12 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam

Question #: 12
Topic #: 3

Which should be evaluated when analyzing components of risk mitigation in an AML risk assessment? (Select Two.)

ALiquidity risk

BProduct risk

COverall customer volume

DOffice of Foreign Assets Control filtering

ECustomer risk
Product Risk: Certain products (e.g., high-value transfers, anonymous payment systems) inherently carry higher AML risks and require tailored risk mitigation measures.
Customer Risk: Understanding the risk profile of customers, including PEPs and high-net-worth individuals, is critical to assessing exposure and implementing risk-based approaches.
Both factors are core components in AML risk assessments, as highlighted in CAMS-Audit materials and FATF standards.

Show Suggested Answer

Suggested Answer: B, E

by Nan at Apr 06, 2025, 10:07 PM

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Dorothy

3 hours ago

I think Product risk and Customer risk should be evaluated.

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