Exam CAMS-FCI Topic 1 Question 4 Discussion
Actual exam question for ACAMS's CAMS-FCI exam
Question #: 4
Topic #: 1
Question #: 4
Topic #: 1
During a review, an analyst notices discrepancies between a customer's nature of business listed on the business registry and what was stated on the customers application. The analyst should:
Suggested Answer: A Vote an answer
Explanation
The analyst should clarify discrepancies noted in the customer's declared profile given the downstream impact on the risk assessment. This is because discrepancies between the customer's nature of business and the information on the business registry may indicate that the customer is not operating a legitimate business or is trying to conceal its true activities. The analyst should verify the customer's identity, source of funds, and purpose of transactions to ensure that the customer's risk profile is accurate and consistent with the Fl's risk appetite.
References: Leading Complex Investigations Certificate, Module 2, page 9.
The analyst should clarify discrepancies noted in the customer's declared profile given the downstream impact on the risk assessment. This is because discrepancies between the customer's nature of business and the information on the business registry may indicate that the customer is not operating a legitimate business or is trying to conceal its true activities. The analyst should verify the customer's identity, source of funds, and purpose of transactions to ensure that the customer's risk profile is accurate and consistent with the Fl's risk appetite.
References: Leading Complex Investigations Certificate, Module 2, page 9.
by Horace at Feb 04, 2026, 07:41 PM
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