Now there are many IT professionals in the world and the competition of IT industry is very fierce. So many IT professionals will choose to participate in the IT certification exam to improve their position in the IT industry. CAMS Exam Practice exam is a very important ACAMS's certification exam. Our CAMS Exam Practice practice engine can offer you the most professional guidance, which is helpful for your gaining the certificate. And our CAMS Exam Practice learning guide contains the most useful content and keypoints which will come up in the real exam. Don't need a lot of time and money, only 30 hours of special training, and you can easily pass your first time to attend ACAMS certification CAMS Exam Practice exam.
CAMS Exam Practice actual test guide is your best choice.
It just needs to spend 20-30 hours on the CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Exam Practice preparation, which can allow you to face with CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Exam Practice actual test with confidence. Not only our CAMS 100% Correct Answers study materials contain the latest exam questions and answers, but also the pass rate is high as 98% to 100%. Success does not come only from the future, but it continues to accumulate from the moment you decide to do it.
Our website is here to lead you toward the way of success in CAMS Exam Practice certification exams and saves you from the unnecessary preparation materials. The latest CAMS Exam Practice dumps torrent are developed to facilitate our candidates and to improve their ability and expertise for the challenge of the actual test. We aimed to help our candidates get success in the CAMS Exam Practice practice test with less time and leas effort.
ACAMS CAMS Exam Practice - Our experts have taken your worries seriously.
Long time learning might makes your attention wondering but our effective CAMS Exam Practice study materials help you learn more in limited time with concentrated mind. Just visualize the feeling of achieving success by using our CAMS Exam Practice exam guide,so you can easily understand the importance of choosing a high quality and accuracy CAMS Exam Practice training engine. You will have handsome salary get higher chance of winning and separate the average from a long distance and so on.
Please check it carefully. If you need the invoice, please contact our online workers.
CAMS PDF DEMO:
QUESTION NO: 1
How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds?
A. They immediately resell priceless works of art after purchase from a foreign auction house
B. They use anonymous agents to buy the art and have the payment wired from offshore havens
C. They commingle legitimate and illicit proceeds by principals for payment of fine art
D. They use forged or fraudulent invoicing of priceless works of art by auction houses
Answer: B
QUESTION NO: 2
What is the appropriate compliance control for identifying politically exposed persons (PEPs) according to the Basel Committee's paper on Customer Due Diligence for Banks?
A. Requiring that the customer discloses that they are a PEP or an associate of a PEP
B. Determining that a local figure is a PEP
C. Reviewing when a relationship is established
D. Reviewing relationships at account opening and on a periodic basis
Answer: D
QUESTION NO: 3
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
QUESTION NO: 4
An institution is about to release a new peer to peer (P2P) funds transfer product to provide much needed remittance services to an under-banked population segment in the country.
The service allows customers to transfer funds through a mobile banking application to individuals worldwide entering only a name and mobile number. The new service charges less than comparable market solutions and offers real time transfer of funds. The customer onboarding process is conducted at branch locations with identity verification.
Which three present the highest anti-money laundering or sanctions risk and will require controls prior to launch? (Choose three.)
A. Limited access to counterparty information
B. Customer onboarding
C. Cross-border functionality
D. Servicing the under-banked population
E. Real time transfer of funds
Answer: A,B,E
QUESTION NO: 5
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
On the other side, Products are purchasable, knowledge is not, and our Real Estate New-Jersey-Real-Estate-Salesperson practice materials can teach you knowledge rather than charge your money. Salesforce Rev-Con-201 - These professional knowledge will become a springboard for your career, help you get the favor of your boss, and make your career reach it is peak. We can make sure the short time on SAP C-BCBAI-2509 training engine is enough for you to achieve the most outstanding result. We can be sure that with the professional help of our Microsoft AZ-104 test guide you will surely get a very good experience. When you pass the HP HPE3-CL08 exam which is well recognized wherever you are in any field, then acquire the HP HPE3-CL08 certificate, the door of your new career will be open for you and your future is bright and hopeful.
Updated: May 28, 2022