Pre-Summer Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: validbest

Discussions
  1. Home
  2. Discussions
  3. ACAMS
  4. AML
  5. CAMS Discussions
  6. CAMS Exam Topic 3 Question 28 Discussion
 ACAMS Discussions
Exam CAMS All Questions
Exam CAMS All Questions

View all questions & answers for the CAMS exam

Go to Exam

ACAMS AML CAMS Question # 28 Topic 3 Discussion

CAMS Exam Topic 3 Question 28 Discussion:
Question #: 28
Topic #: 3

Abank is preparing for a regulatory examafter a previousregulatory exam identified weaknesses in its AML program. Since the last exam, the bank has:

Improved its written AML program

Hired an experienced AML compliance officer

Demonstrated a stronger culture of compliance

Focused on clearing its transaction monitoring case backlog and enhancing its sanctions screening program

Which of the followingare correct? (Select Two.)
A.

The bank is likely to face secondary sanctions from global financial institutions despite addressing many of the previous concerns.

B.

The bank is protected from reputational risk arising from any regulatory action because regulatory orders must remain confidential.

C.

The bank may face the risk of regulatory orders to remediate its AML program despite addressing many of the previous concerns.

D.

The bank may face civil or criminal penalties if it is unable to demonstrate sustained improvement in addressing the previous concerns.

E.

The regulatory agency may require the bank’s board of directors to publicly share the actions taken to address the previous concerns in order to limit its reputational risk.

Get Premium CAMS Questions
Actual exam question for ACAMS CAMS exam by Rael3851 at May 1, 2026, 6:18:42 PM

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.

Submit