cams question 348 discussion

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Question 348

An organization uses an automated surveillance system that generates a very large volume of anti-
money laundering alerts. The monthly volume of alerts has increased over the last year causing the
compliance staff to fall significantly behind reviewing the alerts. As a result, the system settings are
under review to determine if they are appropriate.
Which action should be included in the evaluation of system settings?

  • A. Compare settings to organizations within its peer group
  • B. Flag filters with no history of generating an alert for removal
  • C. Review parameter settings based on the latest risk assessment Most Votes
  • D. Calibrate parameters based on staffing capabilities to clear alerts
Answer:

C


User Votes:
A 4 votes
50%
B 3 votes
50%
C 51 votes
50%
D 1 votes
50%
Discussions
0 / 1000
AnaA.
1 year, 4 months ago

C. Examiner les paramètres en fonction de la dernière évaluation des risques

0
AnaA.
1 year, 4 months ago

C. Examiner les paramètres en fonction de la dernière évaluation des risques

0
alban_999
6 days, 15 hours ago

Review parameter settings based on the latest risk assessment to ensure the settings are tailored to the specific risks faced by the institution and that the alerts generated are relevant and effective in identifying suspicious activities.

0