ACFCS Financial Crime SpecialistExam CFCS Question # 5 Topic 1 Discussion

ACFCS Financial Crime SpecialistExam CFCS Question # 5 Topic 1 Discussion

CFCS Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

During an organizational overview of financial crime controls, Ms. Patel, the compliance analyst, discovers that certain customer due diligence procedures are inconsistently applied across different branches of the organization. What should Ms. Patel recommend to address this issue?


A.

Conduct a comprehensive review of existing customer due diligence procedures.


B.

Implement additional layers of bureaucracy to ensure uniformity.


C.

Disregard the inconsistencies as they may not significantly impact compliance.


D.

Assign responsibility for customer due diligence to individual branch managers.


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