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ACAMS AML CAMS Question # 321 Topic 33 Discussion

CAMS Exam Topic 33 Question 321 Discussion:
Question #: 321
Topic #: 33

A National Risk Assessment (NRA) can impact a financial institution's (Fl's) risk-based approach to anti-money laundering and terrorism financing by:


A.

dictating what predicate offences must be considered in the Fl's risk assessment.


B.

providing guidance on the types of customers and transactions that pose the highest risk.


C.

defining exactly what policies and procedures must be implemented.


D.

determining the maximum fines that can be imposed for AML violations.


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