ACAMS Advanced CAMS-Audit Certification Exam Advanced-CAMS-Audit Question # 47 Topic 3 Discussion

ACAMS Advanced CAMS-Audit Certification Exam Advanced-CAMS-Audit Question # 47 Topic 3 Discussion

Advanced-CAMS-Audit Exam Topic 3 Question 47 Discussion:
Question #: 47
Topic #: 3

Review of client files reveals that staff members have been performing negative media searches for clients only when they recognize the client name. When an interesting story is identified a print of the results is inserted in the client file. There are no clear procedures on adverse media screening. Which should the auditor recommend? {Select Two.)


A.

Evidence of negative media screening retained in client files must comprise negative reports only.


B.

All staff members should be provided with additional training to ensure they adhere to standard procedures.


C.

Identification of relevant reports via adverse media searches must be escalated for an assessment for materiality.


D.

Privacy regulation requires that clients who have a print copy of the adverse media m their files should be notified.


E.

Procedures should be enhanced to require that all clients are subject to regular negative media screening.


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