Acams Exam CAMS Topic 2 Question 79 Discussion

Actual exam question for Acams's CAMS exam

Question #: 79
Topic #: 2

[All CAMS Questions]

Which assessments are involved in the processes of mutual evaluation and follow-up by the FATF?

ARisk assessments and technical standards assessments

BTechnical compliance assessments and effectiveness assessment

CSanction risk assessments and the country's National Risk Assessment

DCountry audit assessments and transaction monitoring assessments

Show Suggested Answer

Suggested Answer: B

by Isaac at Jul 11, 2024, 02:55 PM

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Cassie

5 months ago

C) Sanction risk assessments and the country's National Risk Assessment. Gotta keep an eye on those sanctions, you know? FATF ain't playin' around!

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Colette

5 months ago

B) Technical compliance assessments and effectiveness assessment. Easy peasy, let's move on to the next question. I'm hungry, anyone up for a sandwich?

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Vonda

4 months ago

B) Sure, I'll join you for a sandwich!

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Erasmo

4 months ago

C) Sanction risk assessments and the country's National Risk Assessment

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Nilsa

4 months ago

C) Sanction risk assessments and the country's National Risk Assessment

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Detra

4 months ago

A) Risk assessments and technical standards assessments

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Doyle

4 months ago

B) Technical compliance assessments and effectiveness assessment

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Justine

5 months ago

A) Risk assessments and technical standards assessments

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Jennie

5 months ago

B) Technical compliance assessments and effectiveness assessment

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Laila

5 months ago

I think the correct answer is B) Technical compliance assessments and effectiveness assessment because they focus on compliance with FATF standards and the effectiveness of AML/CFT measures.

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Nada

5 months ago

I believe risk assessments and technical standards assessments are also important in this process.

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Daniel

5 months ago

D) Country audit assessments and transaction monitoring assessments? Really? That sounds more like an audit firm's job, not the FATF's. I'm going with B.

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Thomasena

4 months ago

Definitely, technical compliance and effectiveness assessments provide a comprehensive view of a country's AML/CFT framework.

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Andra

4 months ago

I agree, those assessments are crucial for evaluating a country's compliance with FATF standards.

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Freida

4 months ago

I think B) Technical compliance assessments and effectiveness assessment are the assessments involved in the processes of mutual evaluation and follow-up by the FATF.

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Chantell

4 months ago

Definitely, the FATF needs to ensure that countries are not only technically compliant but also effective in implementing measures to combat money laundering and terrorist financing.

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Merilyn

4 months ago

I agree, those assessments are crucial for evaluating a country's compliance with FATF standards.

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Delmy

5 months ago

I think B) Technical compliance assessments and effectiveness assessment are involved in the processes of mutual evaluation and follow-up by the FATF.

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Pilar

5 months ago

Hmm, I'm not so sure. The FATF also looks at risk assessments, so I'm leaning towards A. Gotta cover all the bases, you know?

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Iesha

5 months ago

I agree with Raelene, those assessments are crucial for mutual evaluation and follow-up by the FATF.

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Antonio

5 months ago

I think the answer is B. Technical compliance assessments and effectiveness assessment. That's what FATF is all about, right?

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Cristina

5 months ago

I think you're right. FATF focuses on assessing technical compliance and effectiveness.

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Renea

5 months ago

I agree, B seems like the right answer. It's all about compliance and effectiveness.

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Raelene

6 months ago

I think the assessments involved are technical compliance assessments and effectiveness assessment.

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