ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 85 Topic 9 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 85 Topic 9 Discussion

CAMS Exam Topic 9 Question 85 Discussion:
Question #: 85
Topic #: 9

A large financial institution (FI) 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 FI's risk appetite beyond the stated acceptable amount.

Which risk factors should be used to identify the priority of the FI?


A.

Cash-intensive businesses risks


B.

Unknown third-party risks


C.

Geographic risks


D.

Anonymous transactions risks


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