CAMS Exam Dumps | A new compliance officer is reviewing the bank's anti-money laundering program and notices that the risk

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Question 283/374

A new compliance officer is reviewing the bank's anti-money laundering program and notices that the risk assessment was completed six months ago. Since that time, the bank acquired another financial institution, renamed the internal records group, and streamlined cash handling procedures.
Which factor causes the compliance officer to update the bank's risk assessment?

A. The bank acquired another institution

B. The internal records group has been re-named

C. The cash handling procedures were streamlined

D. The risk assessment was completed six months ago

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