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CAMS VCE Exam Download

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Total 772 questions

Certified Anti-Money Laundering Specialist (the 6th edition) Questions and Answers

Question 69

Which three stages of money laundering are on-line banking vulnerable to?

Options:

A.

Placement

B.

Layering

C.

Integration

D.

Structuring

Question 70

Which red flag indicates high potential for money laundering in a real estate purchase?

Options:

A.

The purchaser is a nominee

B.

The purchaser had a previous bankruptcy

C.

The purchaser owns a cash intensive business

D.

The purchaser is not a resident where the property is located

Question 71

Which aspect of the USA PATRIOT Act impacts foreign financial institutions?

Options:

A.

Requiring enhanced due diligence for foreign shell banks

B.

Expanding sanctions requirements to a U.S. financial institution’s foreign branches

C.

Expanding the anti-money laundering program requirements to all foreign financial institutions

D.

Providing authority to impose special measures on institutions that are of primary money-laundering

concern

Question 72

In which two ways does a government Financial Intelligence Unit interact with public and private sectors?

(Choose two.)

Options:

A.

It governs the methods of investigation used by competent authorities

B.

It mediates disputes between financial institutions and investigative authorities

C.

It receives and analyzes disclosures filed by financial and non-bank institutions

D.

It disseminates information and the results of its analysis to competent authorities

Page: 18 / 58
Total 772 questions