Which strategies are most effective for prioritizing resources within an anti-financial crime (AFC) program using a risk-based approach (RBA)? (Choose two.)
A.
Prioritizing resources towards lower-risk areas to reduce workload
B.
Regularly reassessing risks to adjust resource allocation
C.
Allocating more resources to areas with higher financial crime risk
D.
Providing equal resources to all departments to maintain consistency
E.
Using a fixed resource allocation plan without adjustments
A risk-based approach prioritizes allocating more resources to higher-risk areas and regularly reassessing risks to ensure resource allocation remains aligned with evolving threats and vulnerabilities. This maximizes the effectiveness of the AFC program.
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