Advanced-CAMS-Audit Exam Dumps : Advanced CAMS-Audit Certification Exam

Ask the account officers whether the CDD and KYC information provided is correct.

Confirm with client onboarding teams whether or not high-risk customers exist.

Review the accuracy of the gap analysis of the CDD and KYC policies and procedures against local regulations.

Evaluate the results of the sample testing of new and existing customer relationships for adherence to the CDD and KYC process.

Confirm if suspicious activity reports were filed following escalation for non-compliance with the CDD and KYC process.

Re-screen all transactions over the period of time when the updated sanction lists were not uploaded against the current sanctions lists.

Perform a security risk and access assessment on the sanction screening tool to ensure more timely sanctions lists are uploaded.

Re-screen all transactions based on the sanctions lists that were active at that time but not uploaded.

Periodically monitor the sanctions lists uploaded by the screening tool to ensure the most up-to-date lists are in the system.

Interaction with internal audit

Staffing levels on the AML team

Changes in board members

Business reporting lines