DumpsArena CRCM Exam Prep Your Shortcut to Certification

Office of Foreign Assets Control (OFAC). Risk assessment frameworks

Understanding the exam structure is crucial for effective Crcm Exam Prep . The exam consists of 200 multiple-choice questions and must be completed in 4 hours. The questions assess your knowledge in the following domains:

1. Credit Compliance (15%)

  • Lending compliance regulations

  • Truth in Lending Act (TILA)

  • Equal Credit Opportunity Act (ECOA)

  • Fair Lending laws

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2. Deposit Compliance (25%)

  • Truth in Savings Act (TISA)

  • Electronic Funds Transfer Act (EFTA)

  • Regulations governing deposit accounts

3. Bank Operations Compliance (20%)

  • Bank Secrecy Act (BSA)

  • Anti-Money Laundering (AML) regulations

  • Privacy and data protection

4. BSA/AML/OFAC Compliance (20%)

  • Risk assessment frameworks

  • Office of Foreign Assets Control (OFAC)

  • Suspicious Activity Reporting (SAR)

5. Compliance Risk Management and Governance (20%)

  • Risk assessment methodologies

  • Third-party compliance management

  • Regulatory change management


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