ACAMS Certified Anti-Money Laundering Specialists (the 6th edition) - CAMS FREE EXAM DUMPS QUESTIONS & ANSWERS

A. Share the requested information during the telephone call B. Refer the agent to the bank's compliance officer C. Send the information to an address provided by the agent D. Require a search warrant before releasing the information

A. Providing information access to financial intelligence units according to the differences in the nature of their functions, competences, and powers B. Developing a variant approach m the strategy for the treatment of organized crime and terrorism threats C. Extending AML rules to entities that provide virtual currency services D. Promoting the record keeping obligations of banks to the maximum amount of data necessary for the purposes of AML investigations E. Broadening the criteria for assessing high-risk third countries

A. A FI is unable to verify the relevant customer due diligence documents. B. A FI identifies the payer is a dealer in precious metals or stones. C. A beneficiary of a transaction is a politically exposed person. D. A transaction involves funds exchanged from crypto to fiat currencies.

A. A customer acceptance policy B. All completed KYC documents must be reviewed by a senior manager not involved in the account openingprocess C. Annual staff training D. The same KYC requirements must be applied in all cases

A. Update the monitoring software containing sanctioned persons B. Update training information to include the latest names C. Notify the Board of Directors D. Inform the customers that their funds will be frozen

A. Financial prohibitions B. Asset freeze C. Arms and related materials embargo D. Export and import restrictions

A. Determination of who in the institution should be assigned to the prospective customer as a liaison B. Obtaining date of birth and address of a prospective customer C. Training as to how and to what extent to identify prospective customers D. Determination of what type of customer the financial institution will accept

A. the establishment of a system for reporting "unusual" transactions, instead of "suspicious", as mentioned in the Financial Action Task force 40 Recommendations B. inadequate rules for the licensing and creation of financial institutions, including assessing backgrounds of managers and beneficial owners C. the presence of bank secrecy provisions reasonably balanced against the government's need for information D. effective laws regarding multiple sources of beneficial owner identification by a financial institution

A. Initiate an investigation into the activity B. Block any further activity C. Contact the customer if the transaction activity continues D. File a suspicious transaction report