All CAMS Questions online tests begin somewhere, and that is what the CAMS Questions training guide will do for you: create a foundation to build on. Study guides are essentially a detailed CAMS Questions training guide and are great introductions to new CAMS Questions training guide as you advance. The content is always relevant, and compound again to make you pass your CAMS Questions exams on the first attempt. The quality of our CAMS Questions training material is excellent. After all, we have undergone about ten years’ development. The ACAMS introduces changes in the CAMS Questions format and topics, which are reported to our valued customers.
CAMS Certification CAMS (PDF, APP, software).
If you are anxious about how to get CAMS - Certified Anti-Money Laundering Specialists Questions certification, considering purchasing our CAMS - Certified Anti-Money Laundering Specialists Questions study tool is a wise choice and you will not feel regretted. Up to now, there are three versions of Valid CAMS Real Test exam materials for your choice. So high-quality contents and flexible choices of Valid CAMS Real Test learning mode will bring about the excellent learning experience for you.
It is certain that the pass rate of our CAMS Questions study guide among our customers is the most essential criteria to check out whether our CAMS Questions training materials are effective or not. The good news is that according to statistics, under the help of our CAMS Questions learning dumps, the pass rate among our customers has reached as high as 98% to 100%. It is strongly proved that we are professonal in this career and our CAMS Questions exam braindumps are very popular.
ACAMS CAMS Questions - Nowadays, it is hard to find a desirable job.
As is known to us, the leading status of the knowledge-based economy has been established progressively. It is more and more important for us to keep pace with the changeable world and improve ourselves for the beautiful life. So the CAMS Questions certification has also become more and more important for all people. Because a lot of people long to improve themselves and get the decent job. In this circumstance, more and more people will ponder the question how to get the CAMS Questions certification successfully in a short time.
Luckily, we are going to tell you a good new that the demo of the CAMS Questions study materials are easily available in our company. If you buy the study materials from our company, we are glad to offer you with the best demo of our study materials.
CAMS PDF DEMO:
QUESTION NO: 1
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
QUESTION NO: 2
How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds?
A. They immediately resell priceless works of art after purchase from a foreign auction house
B. They use anonymous agents to buy the art and have the payment wired from offshore havens
C. They commingle legitimate and illicit proceeds by principals for payment of fine art
D. They use forged or fraudulent invoicing of priceless works of art by auction houses
Answer: B
QUESTION NO: 3
What is the appropriate compliance control for identifying politically exposed persons (PEPs) according to the Basel Committee's paper on Customer Due Diligence for Banks?
A. Requiring that the customer discloses that they are a PEP or an associate of a PEP
B. Determining that a local figure is a PEP
C. Reviewing when a relationship is established
D. Reviewing relationships at account opening and on a periodic basis
Answer: D
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
An institution is about to release a new peer to peer (P2P) funds transfer product to provide much needed remittance services to an under-banked population segment in the country.
The service allows customers to transfer funds through a mobile banking application to individuals worldwide entering only a name and mobile number. The new service charges less than comparable market solutions and offers real time transfer of funds. The customer onboarding process is conducted at branch locations with identity verification.
Which three present the highest anti-money laundering or sanctions risk and will require controls prior to launch? (Choose three.)
A. Limited access to counterparty information
B. Customer onboarding
C. Cross-border functionality
D. Servicing the under-banked population
E. Real time transfer of funds
Answer: A,B,E
CompTIA 220-1102 - Why not have a try? ISACA IT-Risk-Fundamentals - We can promise that you will never miss the important information about the exam. With our CIW 1D0-623 exam questions, you will easily get the favor of executives and successfully enter the gates of famous companies. Our EMC D-NWR-DY-01 study guide design three different versions for all customers. According to these ignorant beginners, the HP HP2-I73 exam questions set up a series of basic course, by easy to read, with corresponding examples to explain at the same time, the Certified Anti-Money Laundering Specialists study question let the user to be able to find in real life and corresponds to the actual use of learned knowledge, deepened the understanding of the users and memory.
Updated: May 28, 2022