Although passing the ACAMS certification CAMS App Simulations exam is not so easy, there are still many ways to help you successfully pass the exam. While you can choose to spend a lot of time and energy to review the related IT knowledge, and also you can choose a effective training course. Goldmile-Infobiz can provide the pertinent simulation test,which is very effective to help you pass the exam and can save your precious time and energy to achieve your dream. After you get more opportunities, you can make full use of your talents. You will also get more salary, and then you can provide a better life for yourself and your family. The Goldmile-Infobiz ACAMS CAMS App Simulations practice including CAMS App Simulations exam questions and answers, CAMS App Simulations test, CAMS App Simulations books, CAMS App Simulations study guide.
CAMS Certification CAMS So our customers can pass the exam with ease.
Do not worry, the Goldmile-Infobiz ACAMS CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) App Simulations exam certification training materials will help you solve these problems. Our PDF version can be printed and you can take notes as you like. We know that every user has their favorite.
Although ACAMS CAMS App Simulations exam is very difficult, but we candidates should use the most relaxed state of mind to face it. Because Goldmile-Infobiz's ACAMS CAMS App Simulations exam training materials will help us to pass the exam successfully. With it, we would not be afraid, and will not be confused.
ACAMS CAMS App Simulations - Knowledge is wealth.
Our test engine is an exam simulation that makes our candidates feel the atmosphere of CAMS App Simulations actual test and face the difficulty of certification exam ahead. It reminds you of your mistakes when you practice CAMS App Simulations vce dumps next time and you can set your test time like in the formal test. Our CAMS App Simulations training materials cover the most content of the real exam and the accuracy of our CAMS App Simulations test answers is 100% guaranteed.
Whenever it is possible, you can begin your study as long as there has a computer. In addition, all installed CAMS App Simulations study tool can be used normally.
CAMS PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
Our Cisco 200-301-KR questions are the best relevant and can hit the actual test, which lead you successfully pass. Please believe that Cisco 350-501 learning materials will be your strongest backing from the time you buy our Cisco 350-501 practice braindumps to the day you pass the exam. To get the Juniper JN0-650 certification is considered as the most direct-viewing way to make big change in your professional profile, and we are the exact Juniper JN0-650 exam braindumps vendor. With the help of our Apple DEP-2025 exam questions, your review process will no longer be full of pressure and anxiety. There is always a fear of losing Medical Tests PTCE exam and this causes you loss of money and waste time.
Updated: May 28, 2022