Many clients may worry that their privacy information will be disclosed while purchasing our CAMS Ebook quiz torrent. We promise to you that our system has set vigorous privacy information protection procedures and measures and we won’t sell your privacy information. Before you buy our product, you can download and try out it freely so you can have a good understanding of our CAMS Ebook quiz prep. Others may just think that it is normally practice material. Also you can print out many copies of ACAMS CAMS Ebook reliable exam guide and share with others. Within one year, we will send the latest version to your mailbox with no charge if we have a new version of CAMS Ebook learning materials.
CAMS Certification CAMS Why not have a try?
All exam questions that contained in our CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Ebook study engine you should know are written by our professional specialists with three versions to choose from: the PDF, the Software and the APP online. With our Reliable CAMS Test Preparation exam questions, you will easily get the favor of executives and successfully enter the gates of famous companies. You will have higher wages and a better development platform.
Our company is responsible for our study materials. Every product Goldmile-Infobiz have sold to customer will enjoy considerate after-sales service. If you have problems about our CAMS Ebook study materials such as installation, operation and so on, we will quickly reply to you after our online workers have received your emails.
ACAMS CAMS Ebook - Our staff will help you with genial attitude.
Our CAMS Ebook training guide has been well known in the market. Almost all candidates know our CAMS Ebook exam questions as a powerful brand. Once their classmates or colleagues need to prepare an exam, they will soon introduce them to choose our CAMS Ebook study materials. So our study materials are helpful to your preparation of the CAMS Ebook exam. As a matter of fact, we receive thousands of the warm feedbacks to thank us for helping them pass the exam.
Some candidates may considerate whether the CAMS Ebook exam guide is profession, but it can be sure that the contents of our study materials are compiled by industry experts after them refining the contents of textbooks, they have good knowledge of exam. CAMS Ebook test questions also has an automatic scoring function, giving you an objective rating after you take a mock exam to let you know your true level.
CAMS PDF DEMO:
QUESTION NO: 1
A close relative of a privately-owned bank's senior manager requests to open an account.
Because of this relationship, the staff expedites the opening of the account without following established account-opening procedures. Applying the Basel Committee on Banking Supervision principles, which of the following poses the highest operational risk?
A. Failure to conduct proper due diligence.
B. The possibility of lawsuits that adversely affect the operations of a bank.
C. The bank's exposure to politically exposed persons.
D. Not having appropriate information to share with Financial Intelligence Units.
Answer: D
QUESTION NO: 2
What are two requirements of United States financial institutions when conducting business with an international institution as a result of the USA PATRIOT Act? (Choose two.)
A. Complying with Special Measures issued under the USA PATRIOT Act
B. Performing due diligence on correspondent accounts
C. Performing enhanced due diligence on shell banks
D. Visiting the head office of the international financial institution
Answer: A,C
QUESTION NO: 3
Which two aspects of the security broker dealer industry increase its exposure to money laundering? Choose 2 answers
A. The routine use of wire transfers from, to or through multiple jurisdictions
B. Disposing of cash through securities purchases
C. They easy conversion of holdings to cash with significant loss of principal
D. Fast paced transactions conducted electronically
Answer: B,D
QUESTION NO: 4
Identify a person fully, including their political history.
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
Answer: D
2. The Egmont Group is a worldwide organization of
A. financial intelligence units.
B. banking regulators.
C. law enforcement authorities.
D. central banks.
Answer: A
3. Which three criteria does a shell bank meet according to the Wolfsberg Principles on
Correspondent Banking?
Choose 3 answers.
A. It does not conduct business at a fixed address in a jurisdiction in which it is authorized to conduct business.
B. It is not subject to inspection by the banking authority that licensed it to conduct banking activities
C. It does not employ one or more individuals at its fixed address where it is authorized to conduct business or maintain operating records at that address
D. It is not subject to AML laws that require it to implement an AML program
Answer: A,C,D
4. What is a major money laundering risk associated with a number of prepaid cards as opposed to credit or debit cards?
A. The anonymous access to funds
B. The global access to cash through ATMs
C. The inability to load the card with cash
D. The risk of losing the prepaid cards
Answer: A
QUESTION NO: 5
What are two reasons physical certificates present a money laundering risk to broker-dealers?
(Choose two.)
A. The trade information on a physical certificate can be easily altered
B. There is little information readily available to the broker confirming the source of the funds
C. Physical certificates do not expire and may be held by the owner for perpetuity
D. Physical certificates may be provided to nominees for deposit or settled in off-market transactions
Answer: B,D
But our The Open Group OGBA-101 study guide will offer you the most professional guidance. To see whether our WGU Web-Development-Applications training dumps are worthy to buy, you can have a try on our product right now. HP HPE7-A12 - All in all, learning never stops! In addition, the WGU Managing-Cloud-Security exam guide function as a time-counter, and you can set fixed time to fulfill your task, so that promote your efficiency in real test. Scrum SSM - Few people can calm down and ask what they really want.
Updated: May 28, 2022