So our CAMS Latest Exam Testking study questions are their best choice. If you are craving for getting promotion in your company, you must master some special skills which no one can surpass you. To suit your demands, our company has launched the CAMS Latest Exam Testking exam materials especially for office workers. With the rise of internet and the advent of knowledge age, mastering knowledge about computer is of great importance. This CAMS Latest Exam Testking exam is your excellent chance to master more useful knowledge of it. And our online test engine and the windows software of the CAMS Latest Exam Testking guide materials are designed more carefully.
CAMS Certification CAMS In this, you can check its quality for yourself.
In order to meet the request of current real test, the technology team of research on Omgzlook ACAMS CAMS - Certified Anti-Money Laundering Specialists Latest Exam Testking exam materials is always update the questions and answers in time. Once you have checked our demo, you will find the study materials we provide are what you want most. Our target is to reduce your pressure and improve your learning efficiency from preparing for New CAMS Exam Guide exam.
This is really worth the price, the value it creates is far greater than the price. If your budget is limited, but you need complete exam material. Then you can try the Omgzlook's ACAMS CAMS Latest Exam Testking exam training materials.
ACAMS CAMS Latest Exam Testking - Our strength will make you incredible.
The secret that Omgzlook helps many candidates pass CAMS Latest Exam Testking exam is ACAMS exam questions attentively studied by our professional IT team for years, and the detailed answer analysis. We constantly updated the CAMS Latest Exam Testking exam materials at the same time with the exam update. We try our best to ensure 100% pass rate for you.
The opportunity always belongs to a person who has the preparation. But, when opportunities arise, will you seize the opportunities successfully? At present, you are preparing for ACAMS CAMS Latest Exam Testking test.
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
Cisco 700-250 - So our Omgzlook will provide a exam simulation for you to experience the real exam model before real exam. And with the aid of BCS CTFL4 certification test, you can improve your skills and master some useful techniques in your job so that you can finish your work better and demonstrate your great ability before other people. Also you can ask us any questions about SAP C-THR70-2404 exam any time as you like. Have you learned Omgzlook ACAMS Adobe AD0-E121 exam dumps? Why do the people that have used Omgzlook dumps sing its praises? Do you really want to try it whether it have that so effective? Hurry to click Omgzlook to download our certification training materials. Fortinet FCSS_SASE_AD-23 study guide is the best product to help you achieve your goal.
Updated: May 28, 2022