[Testpassport update] Certified Anti-Money Laundering Specialist CAMS test questions answers

Testpassport is providing the best quality and up-to-date Certified Anti-Money Laundering Specialist CAMS test questions answers for the preparation of the CAMS exam tests. All the Certified Anti-Money Laundering Specialist CAMS test questions answers of Testpassport are cost effective and are available on the website of Testpassport with free updating facilities. All these Certified Anti-Money Laundering Specialist CAMS test questions answers are available at Testpassport with the money back guarantee. Testpassport Certified Anti-Money Laundering Specialist CAMS test questions answers deliver you extensive training of all the key concepts and skills of exam curriculum.

Testpassport is a professional training website in IT certification exam. It is designed for anyone who wants to pass any IT tests. Get an IT certification can be the fastest way to get yourself certified and make the IT company managers have a good impression on you. ACAMS certification is one of the most popular IT certifications which has a strong competence among the IT industry. Do you want to pass your exams on your first try!

CAMS exam training, including CAMS questions and answers feed into our customers. Testpassport Certified Anti-Money Laundering Specialist CAMS test questions answerss are industry-best exam simulations that provide realistic simulations of IT certification exams. Our award-winning Testpassport Certified Anti-Money Laundering Specialist CAMS test questions answerss are known as the most comprehensive and realistic available. There are numerous dumps and training materials providers that would guarantee you to pass ACAMS Certification CAMS exam using their products.

Share some CAMS Certification CAMS exam questions and answers below.
Which three statements are true regarding the extraterritorial reach of laws and legislation of the U.S.?
A. The criminal anti-money laundering law can apply to transactions that occur partially overseas
B. Economic and trade sanctions by OFAC may pose extraterritorial risks for financial institutions and businesses outside the U.S.
C. The extraterritorial reach covers all transactions throughout the global economy
D. The defendant does not need to know the funds came from an illegal activity under state, federal or foreign law
Answer: A, B, D

How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds?
A. They use forged or fraudulent invoicing of priceless works of art by auction houses
B. They commingle legitimate and illicit proceeds by principals for payment of fine art
C. They immediately resell priceless works of art after purchase from a foreign auction house
D. They use anonymous agents to buy the art and have the payment wired from offshore havens
Answer: D

How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds?
A. They use forged or fraudulent invoicing of priceless works of art by auction houses
B. They commingle legitimate and illicit proceeds by principals for payment of fine art
C. They immediately resell priceless works of art after purchase from a foreign auction house
D. They use anonymous agents to buy the art and have the payment wired from offshore havens
Answer: D

What are three risk factors a financial institution should examine with regard to a proposed new product?
A. The complexity of the product
B. The need to verify the identification of the customer
C. Whether the product is easily transferable
D. Whether other financial institutions are marketing the product
Answer: A, B, C

Which three are principles found in the document ¡°Principles of information Exchange between Financial Intelligence Units (FIUs)¡±?
A. The exchange of information between FIUs should take place as informally and as rapidly as possible and with no prerequisites, while guaranteeing protection of privacy and confidentiality of the shared data
B. Differences in the definition of offenses that fall under the competence of FIUs should be before free exchange of information takes place
C. The Egmont principle of free exchange of information at the FIU level should be possible on the basis of reciprocity, including spontaneous exchange
D. It should be possible for communication between FIUs to take place directly and without intermediaries
Answer: A, C, D

We at Testpassport are I.T. experts and are highly experienced in the field of exam braindumps and study notes as our team is continuously working for the more accomplished CAMS exam guide and test questions. At Testpassport Certified Anti-Money Laundering Specialist CAMS test questions answers page all the necessary CAMS exam guide is available which not only includes free CAMS but it also contains CAMS study guide and CAMS practice exam. We are confident in offering you Testpassport Certified Anti-Money Laundering Specialist CAMS test questions answers as an easy solution to your problems and requirements for CAMS exam.

Leave a Reply

Your email address will not be published. Required fields are marked *