Our CAMS Reviews training engine is revised by experts and approved by experienced professionals, which simplify complex concepts and add examples, simulations to explain anything that may be difficult to understand. Therefore, using CAMS Reviews exam prep makes it easier for learners to grasp and simplify the content of important CAMS Reviews information, no matter novice or experienced, which can help you save a lot of time and energy eventually. So the CAMS Reviews certification has also become more and more important for all people. Because a lot of people long to improve themselves and get the decent job. We just hope that you will have a better experience when you study on our CAMS Reviews actual exam.
CAMS Certification CAMS Why not have a try?
All exam questions that contained in our CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Reviews 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 CAMS PDF VCE 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.
So owning the ACAMS certification is necessary for you because we will provide the best study materials to you. Our ACAMS exam torrent is of high quality and efficient, and it can help you pass the test successfully. Our company is responsible for our study materials.
ACAMS CAMS Reviews - All in all, learning never stops!
Our CAMS Reviews exam guide have also set a series of explanation about the complicated parts certificated by the syllabus and are based on the actual situation to stimulate exam circumstance in order to provide you a high-quality and high-efficiency user experience. In addition, the CAMS Reviews 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. The key strong-point of our CAMS Reviews test guide is that we impart more important knowledge with fewer questions and answers, with those easily understandable CAMS Reviews study braindumps, you will find more interests in them and experience an easy learning process.
If you are still looking for your real interests and have no specific plan, our CAMS Reviews exam questions can be your new challenge. Now, people are blundering.
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
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: 3
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: 4
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: 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
Many people worry about buying electronic products on Internet, like our PRINCE2 PRINCE2-Foundation preparation quiz, we must emphasize that our PRINCE2 PRINCE2-Foundation simulating materials are absolutely safe without viruses, if there is any doubt about this after the pre-sale, we provide remote online guidance installation of our PRINCE2 PRINCE2-Foundation exam practice. SAP C-BCBTM-2502 - And the best advantage of the software version is that it can simulate the real exam. By choosing our Avaya 78202T test material, you will be able to use time more effectively than others and have the content of important information in the shortest time. ASIS PSP - Not only do we offer free demo services before purchase, we also provide three learning modes for users. After you know about our Microsoft AZ-400-KR actual questions, you can decide to buy it or not.
Updated: May 28, 2022