Acams Exam CAMS Topic 4 Question 36 Discussion

Actual exam question for Acams's CAMS exam

Question #: 36
Topic #: 4

Why do government entities around the world believe that a risk-based approach to AML/CFT compliance is a preferable prescriptive measure?

AIt is easier for examiners to make subjective criticisms

BIt is more flexible, effective and proportionate

CIt allows institutions to focus their attention on only high risk customers

DIt allows the creation of hard and fast rules that must be followed

Show Suggested Answer

Suggested Answer: B

by Leslie at May 05, 2022, 11:01 PM

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