You can spend more time doing other things. Our CAMS Guide study questions allow you to pass the exam in the shortest possible time. Just study with our CAMS Guide exam braindumps 20 to 30 hours, and you will be able to pass the exam. That is to say that we can apply our App version on all kinds of eletronic devices, such as IPAD, computer and so on. And this version of our CAMS Guide practice engine can support a lot of systems, such as Windows, Mac,Android and so on. So, buy our products immediately!
CAMS Certification CAMS You will become friends with better people.
According to your actual situation, you can choose the suitable version from our CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Guide study question. We also welcome the suggestions from our customers, as long as our clients propose rationally. We will adopt and consider it into the renovation of the Latest CAMS Test Online exam guide.
Thus, users do not have to worry about such trivial issues as typesetting and proofreading, just focus on spending the most practice to use our {CertName} test materials. After careful preparation, I believe you will be able to pass the exam. Our {CertName} exam question is widely known throughout the education market.
ACAMS CAMS Guide - The results are accurate.
Good opportunities are always for those who prepare themselves well. You should update yourself when you are still young. Our CAMS Guide study materials might be a good choice for you. The contents of our study materials are the most suitable for busy people. You can have a quick revision of the CAMS Guide study materials in your spare time. Also, you can memorize the knowledge quickly. There almost have no troubles to your normal life. You can make use of your spare moment to study our CAMS Guide study materials. The results will become better with your constant exercises. Please have a brave attempt.
They are PDF version, online test engines and windows software of the CAMS Guide study materials. The three packages can guarantee you to pass the exam for the first time.
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
In Goldmile-Infobiz you can find exam tips and materials about ACAMS certification Microsoft SC-100 exam. The Huawei H12-611_V2.0 certification exam training tools contains the latest studied materials of the exam supplied by IT experts. Microsoft SC-200 - Goldmile-Infobiz's information resources are very wide and also very accurate. The industrious Goldmile-Infobiz's IT experts through their own expertise and experience continuously produce the latest ACAMS Fortinet NSE6_SDW_AD-7.6 training materials to facilitate IT professionals to pass the ACAMS certification Fortinet NSE6_SDW_AD-7.6 exam. Pegasystems PEGACPDC25V1 - Do not hesitate!
Updated: May 28, 2022