SY0-701 Question 118

Community Discussion

Written by other learners. Comments can disagree with the marked answer — check the official documentation when in doubt.

• Chose A1

  In a bank, audits aren't conducted for fun. They are carried out primarily because: => Banks are heavily regulated. They must comply with strict standards: * PCI DSS * SOX * ISO 27001 * FFIEC * GDPR Central bank regulations Anti-money laundering laws (AML/KYC) => Therefore, audits are mandatory.

• Chose A6

  Financial services are heavily regulated.

• 5

  • A. Regulatory requirement