We make CAMS Customizable Exam Mode exam prep from exam candidate perspective, and offer high quality practice materials with reasonable prices but various benefits. Among global market, CAMS Customizable Exam Mode guide question is not taking up such a large share with high reputation for nothing. And we are the leading practice materials in this dynamic market. The efficiency of our CAMS Customizable Exam Mode exam braindumps has far beyond your expectation. On one hand, our CAMS Customizable Exam Mode study materials are all the latest and valid exam questions and answers that will bring you the pass guarantee. Once you decide to buy, you will have many benefits like free update lasting one-year and convenient payment mode.
CAMS Certification CAMS You must seize the good chances when it comes.
Also, our experts are capable of predicating the difficult knowledge parts of the CAMS - Certified Anti-Money Laundering Specialists Customizable Exam Mode exam according to the test syllabus. As we all know, time and tide wait for no man. And our Exam CAMS Simulator practice engine will be your best friend to help you succeed.
When you try our part of ACAMS certification CAMS Customizable Exam Mode exam practice questions and answers, you can make a choice to our Omgzlook. We will be 100% providing you convenience and guarantee. Remember that making you 100% pass ACAMS certification CAMS Customizable Exam Mode exam is Omgzlook.
ACAMS CAMS Customizable Exam Mode - I wish you good luck.
Omgzlook website is fully equipped with resources and the questions of ACAMS CAMS Customizable Exam Mode exam, it also includes the ACAMS CAMS Customizable Exam Mode exam practice test. Which can help candidates prepare for the exam and pass the exam. You can download the part of the trial exam questions and answers as a try. Omgzlook provide true and comprehensive exam questions and answers. With our exclusive online ACAMS CAMS Customizable Exam Mode exam training materials, you'll easily through ACAMS CAMS Customizable Exam Mode exam. Our site ensure 100% pass rate.
IT authentication certificate is a best proof for your IT professional knowledge and experience. ACAMS CAMS Customizable Exam Mode is a very important certification exam in the IT industry and passing ACAMS certification CAMS Customizable Exam Mode exam is very difficult.
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
The exam materiala of the Omgzlook ACAMS Snowflake ARA-C01 is specifically designed for candicates. CIW 1D0-623 - Select Omgzlook is equivalent to choose success. Before you decide to buy, you can try a free trial version, so that you will know the quality of the Omgzlook's ACAMS SAP C_S4FTR_2023 exam training materials. EMC D-VXR-DY-23 - The training materials can help you pass the certification. SAP C_S4CFI_2402 - Come on, you will be the next best IT experts.
Updated: May 28, 2022