Welcome to ExamTopics
ExamTopics Logo
- Expert Verified, Online, Free.
Location Chicago IL, USA

Exam CAMS topic 1 question 107 discussion

Actual exam question from ACAMS's CAMS
Question #: 107
Topic #: 1
[All CAMS Questions]

An AML compliance officer receives notice of government update including the names of the latest terrorists sanctioned by the United Nations Security Council.
Which would be the most appropriate step to take?

  • A. Notify the Board of Directors
  • B. Update the monitoring software containing sanctioned persons
  • C. Inform the customers that their funds will be frozen
  • D. Update training information to include the latest names
Show Suggested Answer Hide Answer

Suggested Answer: B


Highly Voted 5 months ago
Notifying the board wouldnt make sense because it wont change what needs to be done with the list. Regardless what the board says the software would need to be updated
upvoted 7 times
Most Recent 4 days, 8 hours ago
Given answer is correct
upvoted 1 times
5 months, 2 weeks ago
it should be option A.
upvoted 1 times
2 months, 2 weeks ago
Why would you notify the board that the UN watch list updated. Lol.
upvoted 3 times
1 month, 2 weeks ago
Indeed, A is not correct!
upvoted 1 times