Câu 46: CAMS7: Certified Anti-Money Laundering Specialist (the 7th edition) Popular

A global financial institution is conducting a comprehensive review of its due diligence processes to strengthen its defenses against financial crime. Recent incidents have highlighted vulnerabilities related to employee misconduct, including unauthorized transactions and sharing of sensitive customer information. Additionally, the FI has faced issues with third-party vendors who failed to meet compliance standards, leading to increased regulatory scrutiny. Which of the following measures would be most effective in addressing the bank's due diligence needs for employees, vendors, and third parties to mitigate insider threats and ensure compliance with AML regulations?

1. A. Relying on self-reported compliance certifications from vendors and employees to confirm adherence to AML standards on a periodic basis
2. B. Establishing a surveillance program for employees, vendors, and third parties, including periodic risk assessments, access controls, and regular reviews of their compliance with AML policies — đáp án hiện tại
3. C. Implementing background checks for employees and vendors prior to onboarding or the start of engagement to identify any red flags
4. D. Limiting the number of vendors and third parties in high-risk jurisdictions in order to reduce exposure to compliance risks