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Welcome to KYC Masterclass! In ACAMS Exam Preparation Day 10, this video explains Inherent Risk and Residual Risk in the AML context using simple definitions, easy examples, and real-world scenarios. This session covers: • Inherent risk as defined under AML • Residual risk and why it can never be zero • Comparison between inherent and residual risk • Easy and real-world AML examples • Types of controls used to reduce residual risk • How these concepts are tested in the ACAMS exam This video is ideal for anyone preparing for the CAMS / ACAMS exam and for professionals working in: AML | KYC | Compliance | Risk Management | Transaction Monitoring 📌 This is part of my Daily ACAMS Study Series (Hindi). Follow the playlist to prepare step-by-step with me. • ACAMS Exam Preparation #kyc #aml #acams 👉 Don’t forget to Subscribe to follow my 60-day journey and get notified for every new step. ⚠️ Disclaimer This video is for educational purposes only and does not represent any bank, regulator, or ACAMS official material. ACAMS, CAMS exam, AML risk assessment, NRA EWRA CRA, risk based approach AML, FATF risk assessment, ACAMS exam preparation, CAMS study guide, AML compliance training, national risk assessment, enterprise wide risk assessment, customer risk assessment, AML tutorial, KYC masterclass, AML Hindi, CAMS India, AML certification, financial crime risk assessment, FATF recommendations, AML controls, residual risk, inherent risk, AML interview questions, AML course