ACAMS Certified Anti-Money Laundering Specialist (the 6th edition) CAMS Question # 234 Topic 24 Discussion

ACAMS Certified Anti-Money Laundering Specialist (the 6th edition) CAMS Question # 234 Topic 24 Discussion

CAMS Exam Topic 24 Question 234 Discussion:
Question #: 234
Topic #: 24

A large financial institution (Fl) is considering expanding business to an area of the world with weak AML laws. The risk-based assessment indicates that the location will increase the Fl's risk appetite beyond the stated acceptable amount. Which risk factors should be used to identify the priority of the Fl?


A.

Geographic risks


B.

Unknown third-party risks


C.

Cash-intensive businesses risks


D.

Anonymous transactions risks


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