Acams Exam CAMS Topic 4 Question 73 Discussion

Actual exam question for Acams's Certified Anti-Money Laundering Specialist exam

Question #: 73
Topic #: 4

[All Certified Anti-Money Laundering Specialist Questions]

A financial institution (FI) has decided to revamp its compliance program to be more risk-based. Which option should the FI use as part of the new risk-based compliance program?

ALeadership-based

BPredictive-based

CTransaction-based

DData-based

Show Suggested Answer

Suggested Answer: C

by Ettie at May 01, 2024, 10:44 PM

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Carline

2 months ago

I agree, Predictive-based seems proactive. Leadership-based seems too vague.

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Sophia

2 months ago

Predictive-based sounds effective, anticipating risks beforehand.

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Arlette

2 months ago

Data-based could offer comprehensive insights, don't you think?

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Arlette

2 months ago

Yes! It's tricky. I'm leaning towards Data-based.

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Carey

2 months ago

Why Data-based? I thought Transaction-based makes sense.

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Carline

4 months ago

Have you seen the question about the compliance program?

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