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Exam CAMS All Questions
Exam CAMS All Questions

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ACAMS AML CAMS Question # 352 Topic 36 Discussion

CAMS Exam Topic 36 Question 352 Discussion:
Question #: 352
Topic #: 36

Why is the prevention of financial crime so important?


A.

Financial crime does enormous damage to society, undermining market integrity and consumers' and market participants' confidence


B.

Financial crime risk incidents always result in fines and losses for the financial firm


C.

Financial crime prevention processes make the onboarding process for clients unnecessarily burdensome and complex but create work


D.

Financial crime prevention is important as it reduces costs and improves customer services.


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