Besides, our experts will concern about changes happened in CAMS Points study prep all the time. Provided you have a strong determination, as well as the help of our CAMS Points learning guide, you can have success absolutely. Our CAMS Points training materials are compiled by professional experts. If you are preparing for the practice exam, we can make sure that the CAMS Points test practice files from our company will be the best choice for you, and you cannot find the better study materials than our company’. It is known to us that passing the CAMS Points exam is very difficult for a lot of people. And there is no doubt that being acquainted with the latest trend of exams will, to a considerable extent, act as a driving force for you to pass the CAMS Points exams and realize your dream of living a totally different life.
Welcome your purchase for our CAMS Points exam torrent.
This kind of learning method is very convenient for the user, especially in the time of our fast pace to get ACAMS certification. With our great efforts, our Test CAMS Engine Versionpractice dumps have been narrowed down and targeted to the Test CAMS Engine Version examination. We can ensure you a pass rate as high as 99%!
Quickly purchase CAMS Points study guide and go to the top of your life! What you can get from the CAMS Points certification? Of course, you can get a lot of opportunities to enter to the bigger companies. After you get more opportunities, you can make full use of your talents.
ACAMS CAMS Points - Also, the system will deduct the relevant money.
We all know that CAMS Points learning guide can help us solve learning problems. But if it is too complex, not only can’t we get good results, but also the burden of students' learning process will increase largely. Unlike those complex and esoteric materials, our CAMS Points preparation prep is not only of high quality, but also easy to learn. For our professional experts simplified the content of theCAMS Points exam questions for all our customers to be understood.
Now, we have launched some popular CAMS Points training prep to meet your demands. And you will find the quality of the CAMS Points learning quiz is the first-class and it is very convenient to download it.
CAMS PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
Huawei H28-155_V1.0 - In summary, choose our exam materials will be the best method to defeat the exam. If you can obtain the job qualification Salesforce Public-Sector-Solutions certificate, which shows you have acquired many skills. In preparing the Cisco 300-445 qualification examination, the Cisco 300-445 study materials will provide users with the most important practice materials. IBM C1000-156 - Whenever and wherever you go, you can take out and memorize some questions. Cisco 300-635 - Believe that there is such a powerful expert help, our users will be able to successfully pass the qualification test to obtain the qualification certificate.
Updated: May 28, 2022