ACAMS CAMS Question Answer
Which step should financial institutions take when complying with sanctions requirements?
Change the risk profile to "high-risk" if an existing customer becomes a sanctioned entity and continue monitoring further transactions.
Adopt automatic screening systems to detect designated persons and entities.
Conduct enhanced due diligence for prohibited entities on the sanctions list.
Freeze the funds or assets of designated persons and entities once this decision is approved by the board.
TESTED 02 Jan 2026
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