Free ACAMS CAMS Actual Exam Questions s - Question 3 Discussion
investigated by the country's financial intelligence unit (FIU). What should the AML compliance
officer do? (Select Two.)
Maybe A and E, since keeping leadership informed and cooperating fully with the FIU seems key.
Maybe A and C make sense here. Keeping leadership in the loop is key, and maintaining clear records helps track everything without jumping the gun on sharing info before any formal request.
Sharing investigation details with other institutions (B) sounds off because it could breach confidentiality or legal rules. Also, sending a general communication to all staff (D) might cause unnecessary worry or compromise the investigation. Keeping senior leadership informed (A) makes sense, since they need to manage risk and strategy. Plus, maintaining clear records and monitoring the investigation’s progress (C) is essential for compliance and future reference. So, A and C seem like the safest and most appropriate choices here.
I’m with A on alerting senior leadership since they need full awareness. But E sounds like it could backfire if you hand over everything too quickly without verifying. Could C be better for maintaining control over what info gets shared?
I agree A makes sense because leadership needs to know. But I’m not sure about E—it might be risky to rush info without proper review. Keeping good records like in C seems safer and more controlled.
Options A and C seem like the most cautious steps here.