Exam Name: | Certified Anti-Money Laundering Specialist (the 6th edition) | ||
Exam Code: | CAMS Dumps | ||
Vendor: | ACAMS | Certification: | AML Certification |
Questions: | 772 Q&A's | Shared By: | aston |
A money remittance business will most likely attract money launderers because it
1.deals primarily in cash transactions.
2.engages in international transactions.
3. conducts transactions for walk-in customers.
4.does not have to comply with transaction reporting.
Historically, a tour guide has made monthly cash deposits averaging $10,000. Over the past three months, the
monthly deposits have averaged $100,000. When the financial institution QUESTION NO:s the increased deposits,
the tour guide explains that there have been numerous conventions in town so business has increased
substantially.
Which further action(s) should the financial institution take?
According to the Financial Action Task Force 40 Recommendations, Designated Non-Financial Businesses and Professionals include which entities?
Which two methods have terrorist groups used to diversify their revenue stream and to fund their operations?
(Choose two.)