The auditor identifies that the bank has launched trade finance services this year. When rating the various themes of the risk mitigants, which are expected to be impacted by the launch of these services? (Select Three.)
Following completion of testing and tuning of the parameters and thresholds of the transaction monitoring model which final step should the team recommend as necessary to verify effective model functioning?
What model test verifies that alerts indicative of potentially suspicious activity are not missed due to threshold settings?
Which recommendation should the audit team provide to address transaction monitoring (TM) issues?
Which best explains why the auditor rates the audit finding on sanction screening severity high?
The auditor identifies that the bank launched trade finance services this year. The target clients are multinational companies who actively support China's belt and road initiatives. Which scoring themes would be affected? (Select Two.)
