Exam CAMS7 Topic 1 Question 234 Discussion
Actual exam question for ACAMS's CAMS7 exam
Question #: 234
Topic #: 1
Question #: 234
Topic #: 1
Which of the following describes a role of the Financial Action Task Force (FATF)?
Suggested Answer: D Vote an answer
The FATF's core role is to enhance international cooperation against money laundering and terrorist financing through setting global standards ("Recommendations") and issuing guidance.
"The FATF is an intergovernmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing." The FATF does not have authority to oversee FIUs, nor does it regulate financial markets directly.
"The FATF is an intergovernmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing." The FATF does not have authority to oversee FIUs, nor does it regulate financial markets directly.
by Violet at Jun 24, 2026, 07:39 PM
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