There are many advantages for you to look for and admire. The most important and most candidate may concern is the pass rate of our CAMS Braindumps study guide. It is unmarched high as 98% to 100%. If you make the best use of your time and obtain a useful certification you may get a senior position ahead of others. Chance favors the prepared mind. If you have any questions, you can contact our specialists.
CAMS Certification CAMS It is so cool even to think about it.
And you are lucky to find us for we are the most popular vendor in this career and have a strong strength on providing the best CAMS - Certified Anti-Money Laundering Specialists Braindumps study materials. The innovatively crafted dumps will serve you the best; imparting you information in fewer number of questions and answers. Created on the exact pattern of the actual New CAMS Exam Questions Pdf tests, Omgzlook’s dumps comprise questions and answers and provide all important New CAMS Exam Questions Pdf information in easy to grasp and simplified content.
As the old saying goes, skills will never be burden. So for us, with one more certification, we will have one more bargaining chip in the future. However, it is difficult for many people to get a CAMS Braindumps certification, but we are here to offer you help.
ACAMS CAMS Braindumps - In fact, our aim is the same with you.
For a long time, high quality is our CAMS Braindumps exam questions constantly attract students to participate in the use of important factors, only the guarantee of high quality, to provide students with a better teaching method, and at the same time the CAMS Braindumps practice quiz brings more outstanding teaching effect. Our high-quality CAMS Braindumps} learning guide help the students know how to choose suitable for their own learning method, our CAMS Braindumps study materials are a very good option.
As is known to us, there are best sale and after-sale service of the CAMS Braindumps certification training dumps all over the world in our company. Our company has employed a lot of excellent experts and professors in the field in the past years, in order to design the best and most suitable CAMS Braindumps latest questions for all customers.
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
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: 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
You can effortlessly yield the printouts of SAP C_THR12_2311 exam study material as well, PDF files make it extremely simple for you to switch to any topics with a click. SAP C-BW4H-2404 - The trick to the success is simply to be organized, efficient, and to stay positive about it. Moreover, doing these practice tests will impart you knowledge of the actual Salesforce Customer-Data-Platform exam format and develop your command over it. And you will get all you desire with our SAP C-BW4H-214 exam questions. SAP C-THR70-2404 - Our Certified Anti-Money Laundering Specialists exam prep has taken up a large part of market.
Updated: May 28, 2022