CAMS Exam Dumps | Whichpractices are crucialfor ensuring that anorganization effectively limits the collection and use

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Question 13/417

Whichpractices are crucialfor ensuring that anorganization effectively limits the collection and use of personal datawhen performingAML-related controls?

A. Allowing unrestricted access to customer data across departments to facilitate quick decision-making.

B. Implementing data minimization strategies to collect only the personal data necessary for transaction monitoring.

C. Regularly reviewing and updating data processing policies to ensure they align with industry standards.

D. Allowing repurposing of collected data to avoid redundant processes.

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