Exam CAMS Topic 2 Question 751 Discussion

Actual exam question for ACAMS's CAMS exam
Question #: 751
Topic #: 2
Which activity associated with new or developing technologies does the Financial Action Task Force recommend financial institutions pay special attention to?

Suggested Answer: D Vote an answer

The Financial Action Task Force (FATF) recommends that financial institutions pay special attention to non-face-to-face business relationships or transactions when dealing with new or developing technologies. These include digital channels, online platforms, and virtual interactions. The increased use of technology for remote transactions poses unique risks related to customer identification, authentication, and due diligence. Financial institutions must implement robust controls to mitigate these risks and ensure compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) requirements12.
Reference:
FATF Opportunities and Challenges of New Technologies for AML/CFT
FATF: New Technologies for AML/CFT
FATF Recommendation 15: New technologies

by Harriet at Oct 12, 2025, 09:56 AM

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