Advanced-CAMS-Audit Exam Dumps | During the ongoing due diligence process the company becomes aware that the customer is holding personal

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Question 22/43

During the ongoing due diligence process the company becomes aware that the customer is holding personal assets for a politically exposed person (PEP). What should the auditor recommend to enhance the control environment for this customer relationship? (Select Three.)

A. File a suspicious activity report as the previous riskrating was not correct.

B. Deploy automated monitoring toots to efficiently peruse the customer's KYC information and assure that the customer's KYC risk rating is correct.

C. Designate the account as a PEP-account.

D. Conduct enhanced due diligence and enhanced ongoing monitoring of the customer relationship.

E. Review and document the details of the customer s asset-holding arrangement.

F. Review the customer risk profile every two years as with any other customers.

Question 22/43

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