correct Answer ( C )

The compliance officer plays a crucial role in ensuring that the bank adheres to all applicable laws, regulations and internal policies . Their responsibilities include developing and implementing compliance programs, conducting periodic audits and risk assessments to identify potential violations , training employees on compliance procedures , and reporting suspicious activity to the relevant authorities . The compliance officer’s work is vital for maintaining the bank’s integrity and stability in the financial system . It extends to staying informed on emerging regulations and adapting compliance strategies accordingly , ensuring the bank remains