Our experts have experience of the exam for over ten years. So our CAMS Mock Exam practice materials are their masterpiece full of professional knowledge and sophistication to cope with the CAMS Mock Exam exam. They have sublime devotion to their career just like you, and make progress ceaselessly. Secondly you could look at the free demos to see if the questions and the answers are valuable. You only need to fill in your mail address and you could download the demos immediately. So don’t hesitate to buy our {Examcode} study materials, we will give you the high-quality product and professional customer services.
CAMS Certification CAMS You still can pass the exam with our help.
In order to follow this trend, our company product such a CAMS - Certified Anti-Money Laundering Specialists Mock Exam exam questions that can bring you the combination of traditional and novel ways of studying. If you try on it, you will find that the operation systems of the Latest CAMS Test Cram exam questions we design have strong compatibility. So the running totally has no problem.
Our research and development team not only study what questions will come up in the CAMS Mock Exam exam, but also design powerful study tools like exam simulation software.The content of our CAMS Mock Exam practice materials is chosen so carefully that all the questions for the exam are contained. And our CAMS Mock Examstudy materials have three formats which help you to read, test and study anytime, anywhere. This means with our products you can prepare for CAMS Mock Exam exam efficiently.
ACAMS CAMS Mock Exam actual test guide is your best choice.
In the matter of quality, our CAMS Mock Exam practice engine is unsustainable with reasonable prices. Despite costs are constantly on the rise these years from all lines of industry, our CAMS Mock Exam learning materials remain low level. That is because our company beholds customer-oriented tenets that guide our everyday work. The achievements of wealth or prestige is no important than your exciting feedback about efficiency and profession of our CAMS Mock Exam study guide.
The next thing you have to do is stick with it. CAMS Mock Exam training materials will definitely live up to your expectations.
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
An increasing number of people have become aware of that it is very important for us to gain the HP HP2-I73 exam questions in a short time. For the complex part of our HP HPE0-V27 exam question, you may be too cumbersome, but our system has explained and analyzed this according to the actual situation to eliminate your doubts and make you learn better. Our Nutanix NCP-MCI-6.5 exam questions will help them modify the entire syllabus in a short time. HP HP2-I65 - We here tell you that there is no need to worry about. Pegasystems PEGACPSA23V1 - Don't doubt about it.
Updated: May 28, 2022