CAMS Exam Dumps | When deficiencies are identified in the Financial Action Task Force (FATF) mutual evaluation report,

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Question 192/292

When deficiencies are identified in the Financial Action Task Force (FATF) mutual evaluation report, the assessed country needs to:

A. address the shortcomings identified in the report and agree to post-assessment monitoring by FATF.

B. request exception from the relevant FATF-style regional body by submitting a report with the reasons.

C. pay a penalty for the delay in adopting the FATF 40 recommendations accurately and timely.

D. prepare a report to defend its position against the FATF secretariat, which is comprised of the assessors.

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Question 192/292

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