Knowledge is defined as intangible asset that can offer valuable reward in future, so never give up on it and our CAMS Learning Materials exam preparation can offer enough knowledge to cope with the exam effectively. To satisfy the needs of exam candidates, our experts wrote our CAMS Learning Materials practice materials with perfect arrangement and scientific compilation of messages, so you do not need to study other numerous CAMS Learning Materials study guide to find the perfect one anymore. Our passing rate may be the most attractive factor for you. Our CAMS Learning Materials learning guide have a 99% pass rate. So there is no matter of course.
CAMS Certification CAMS In short, we live in an age full of challenges.
CAMS Certification CAMS Learning Materials - Certified Anti-Money Laundering Specialists (the 6th edition) There is no doubt they are clear-cut and easy to understand to fulfill your any confusion about the exam. We believe that you must have paid more attention to the pass rate of the Certified Anti-Money Laundering Specialists (the 6th edition) exam questions. If you focus on the study materials from our company, you will find that the pass rate of our products is higher than other study materials in the market, yes, we have a 99% pass rate, which means if you take our the New Testcollection CAMS study dump into consideration, it is very possible for you to pass your exam and get the related certification.
Because our study material is prepared strictly according to the exam outline by industry experts, whose purpose is to help students pass the exam smoothly. As the authoritative provider of CAMS Learning Materials test guide, we always pursue high passing rates compared with our peers to gain more attention from potential customers. In order to gain the trust of new customers, CAMS Learning Materials practice materials provide 100% pass rate guarantee for all purchasers.
ACAMS CAMS Learning Materials - The pass rate is the test of a material.
Add Goldmile-Infobiz's products to cart now! You will have 100% confidence to participate in the exam and disposably pass ACAMS certification CAMS Learning Materials exam. At last, you will not regret your choice.
Hope you can give our CAMS Learning Materials exam questions full trust, we will not disappoint you. And with our CAMS Learning Materials study materials, you are bound to pass the exam.
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
Microsoft PL-900-KR - Through our short-term special training You can quickly grasp IT professional knowledge, and then have a good preparation for your exam. CertNexus AIP-210 - As long as you can provide us with a transcript or other proof of your failure, we can refund you the full amount immediately. ACAMS CAMS-CN - We will provide one year free update service for those customers who choose Goldmile-Infobiz's products. Microsoft SC-200 - Now it is time for you to take an exam for getting the certification. EMC D-PWF-DS-01 - As most of our exam questions are updated monthly, you will get the best resources with market-fresh quality and reliability assurance.
Updated: May 28, 2022