New Year Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

ACAMS Updated CAMS Exam Questions and Answers by ewan

Page: 44 / 48

ACAMS CAMS Exam Overview :

Exam Name: Certified Anti-Money Laundering Specialist (the 6th edition)
Exam Code: CAMS Dumps
Vendor: ACAMS Certification: AML Certification
Questions: 645 Q&A's Shared By: ewan
Question 176

According to Basel Committee on Banking Supervision's Customer Due Diligence for Banks, which of the following should provide an evaluation of a bank's policies and procedures independent from its management?

Options:

A.

The credit risk department

B.

The Board

C.

A peer institution

D.

The compliance function

Discussion
Nadia
Why these dumps are important? Can I pass my exam without these dumps?
Julian Oct 22, 2024
The questions in the Cramkey dumps are explained in detail and there are also study notes and reference materials provided. This made it easier for me to understand the concepts and retain the information better.
Ayesha
They are study materials that are designed to help students prepare for exams and certification tests. They are basically a collection of questions and answers that are likely to appear on the test.
Ayden Oct 16, 2024
That sounds interesting. Why are they useful? Planning this week, hopefully help me. Can you give me PDF if you have ?
Everleigh
I must say that they are updated regularly to reflect the latest exam content, so you can be sure that you are getting the most accurate information. Plus, they are easy to use and understand, so even new students can benefit from them.
Huxley Aug 26, 2024
That's great to know. So, you think new students should buy these dumps?
Ilyas
Definitely. I felt much more confident and prepared because of the Cramkey Dumps. I was able to answer most of the questions with ease and I think that helped me to score well on the exam.
Saoirse Sep 25, 2024
That's amazing. I'm glad you found something that worked for you. Maybe I should try them out for my next exam.
Atlas
What are these Dumps? Would anybody please explain it to me.
Reign Aug 14, 2024
These are exam dumps for a variety of IT certifications. They have a vast collection of updated questions and answers, which are very helpful in preparing for the exams.
Question 177

When should the anti-money laundering risk assessment be updated?

Options:

A.

Every two years

B.

After a merger or acquisition

C.

When the board of directors changes

D.

When instructed to by the Financial Action Task Force

Discussion
Question 178

Which method is indicative of potential money laundering and terrorist financing activity?

Options:

A.

Client converts 500 Euro in mixed denomination notes to small denomination U.S. bills in a single transaction

B.

A commercial client in the export business regularly receives wire transfers from high risk countries

C.

An unknown client purchases multiple monetary instruments for one person during the course of one day

D.

An unknown client pays $1,000 in cash for an urgent transfer to a high risk country

Discussion
Question 179

Which scenario is closest to the definition of money laundering the United Nations Convention against Transnational Organized Crime and Other Protocols provided?

Options:

A.

Filing a suspicious transaction report when you know or suspect money laundering is taking place

B.

Knowingly financing a resort development with the proceeds of arms trafficking

C.

Assisting a client in a property conveyance by effecting the transfer of ownership from the seller to the purchaser when you don’t know the purchaser

D.

Discussing your suspicions with a client, thus giving the client the opportunity to switch service providers and to cover his tracks in future transactions

Discussion
Page: 44 / 48
Title
Questions
Posted

CAMS
PDF

$139.65  $399

CAMS Testing Engine

$157.15  $449

CAMS PDF + Testing Engine

$209.65  $599