Module: General Practice
Q47: According to the guidelines on "Monitoring of Transactions", how frequently must a bank review the risk categorization of customer accounts?
✅ Correct Answer: B
The bank shall put in place a system of periodic review of risk categorisation of accounts, with such periodicity being at least once in every six months.
Monitoring frequency is a key compliance metric in the IIBF AML KYC Exam 2026.
Monitoring frequency is a key compliance metric in the IIBF AML KYC Exam 2026.