CAMS-RM Practice Questions - ACAMS Certified AFC Risk Manager (formerly Advanced CAMS-RM) Exam

What is the key role of the Board of Directors in an AFC risk management program?

Reviewing every SAR before filing Approving the AFC risk appetite, framework, and receiving periodic reports Conducting transaction monitoring alert reviews Managing OFAC screening false positives

Correct Answer:

Approving the AFC risk appetite, framework, and receiving periodic reports

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