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Exam CKYCA All Questions
Exam CKYCA All Questions

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ACAMS AML CKYCA Question # 6 Topic 1 Discussion

CKYCA Exam Topic 1 Question 6 Discussion:
Question #: 6
Topic #: 1

According to the Financial Action Task Force (FATF) Risk-Based Approach Guidance, institutions should


A.

incorporate only higher risk customers into its risk profile.


B.

adjust customers’ EDD processes independent from the institution's risk profile.


C.

incorporate customer risks into the business line risk profiles, but not into the institutional risk profile


D.

adjust the extent and depth of EDD monitoring in line with their risk profile.


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