You can use the computer or you can use the mobile phone. You can choose the device you feel convenient at any time. Our CAMS Simulated Test learning guide allows you to study anytime, anywhere. The clients can use the practice software to test if they have mastered the CAMS Simulated Test test guide and use the function of stimulating the test to improve their performances in the real test. So our products are absolutely your first choice to prepare for the test CAMS Simulated Test certification. Our study materials want every user to understand the product and be able to really get what they need.
CAMS Certification CAMS They all have high authority in the IT area.
Generally speaking, CAMS - Certified Anti-Money Laundering Specialists (the 6th edition) Simulated Test certification has become one of the most authoritative voices speaking to us today. Now many IT professionals agree that ACAMS certification CAMS Study Guide exam certificate is a stepping stone to the peak of the IT industry. ACAMS certification CAMS Study Guide exam is an exam concerned by lots of IT professionals.
CAMS Simulated Test study engine is so amazing. What are you waiting for? The hit rate of CAMS Simulated Test study engine is very high.
ACAMS CAMS Simulated Test - Success is has method.
Continuous improvement is a good thing. If you keep making progress and transcending yourself, you will harvest happiness and growth. The goal of our CAMS Simulated Test latest exam guide is prompting you to challenge your limitations. People always complain that they do nothing perfectly. The fact is that they never insist on one thing and give up quickly. Our CAMS Simulated Test study dumps will assist you to overcome your shortcomings and become a persistent person. Once you have made up your minds to change, come to purchase our CAMS Simulated Test training practice.
With this certification you will not be eliminated, and you will be a raise. Some people say that to pass the ACAMS CAMS Simulated Test exam certification is tantamount to success.
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
ISTQB ISTQB-CTFL-KR - We can't say it’s the best reference, but we're sure it won't disappoint you. Microsoft SC-200 - So, it can save much time for us. Through the practice of our Cisco 300-835 exam questions, you can grasp the intention of the examination organization accurately. Microsoft DP-900-KR - After you use our dumps, you will believe what I am saying. You don't have to spend all your energy to the exam because our Huawei H25-621_1.0 learning questions are very efficient.
Updated: May 28, 2022