Month End Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

ACAMS Updated CAMS Exam Questions and Answers by maja

Page: 34 / 57

ACAMS CAMS Exam Overview :

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: maja
Question 136

The main purpose of the US Treasury Department for OFAC's extraterritorial reach is to:

Options:

A.

accomplish the foreign policy and national security goals of the US.

B.

defend the US against questionable trade practices of its economic rivals.

C.

protect allied nations of the US from the economic threats of non-allied nations.

D.

align OFAC's and other countries' extraterritorial reach requirements.

Discussion
Robin
Cramkey is highly recommended.
Jonah Oct 16, 2024
Definitely. If you're looking for a reliable and effective study resource, look no further than Cramkey Dumps. They're simply wonderful!
Ari
Can anyone explain what are these exam dumps and how are they?
Ocean Oct 16, 2024
They're exam preparation materials that are designed to help you prepare for various certification exams. They provide you with up-to-date and accurate information to help you pass your exams.
Anya
I must say they're considered the best dumps available and the questions are very similar to what you'll see in the actual exam. Recommended!!!
Cassius Nov 2, 2024
Yes, they offer a 100% success guarantee. And many students who have used them have reported passing their exams with flying colors.
Aliza
I used these dumps for my recent certification exam and I can say with certainty that they're absolutely valid dumps. The questions were very similar to what came up in the actual exam.
Jakub Sep 22, 2024
That's great to hear. I am going to try them soon.
Question 137

Which key factor would result in the decision for a financial institution (FI) to exit a client relationship?

Options:

A.

After assessing all risk factors the level of residual client risk exceeds the FI's risk appetite.

B.

The client is a registered charity known to remit funds to high risk geographies where there is limited due diligence information available.

C.

Closing the client accounts will help reduce the number of transaction monitoring alerts.

D.

Client transactions generate ongoing transaction monitoring alerts that did not result in any SAR/STR filings.

Discussion
Question 138

An anti-money laundering specialist is employed by a large multi-national bank. The bank is planning to open an international department that will be responsible for expanding services to various countries. The head of the new international department has asked the specialist to assess risks associated with the bank's expansion plans. Which of the following materials should be included as a reference?

1. USA PATRIOT Act

2. Financial Action Task Force 40 Recommendations

3. Customer Due Diligence for Banks issued by the Basel Committee on Banking Supervision

4. The Egmont Group Statement of Purpose

Options:

A.

1, 2, and 3 only

B.

1, 2, and 4 only

C.

1, 3, and 4 only

D.

2, 3, and 4 only

Discussion
Question 139

Which situation would require enhanced due diligence be performed on a customer?

Options:

A.

A customer closes their store location and opens a new store location across town.

B.

A prospective customer recently started and incorporated a new business.

C.

Company ownership is held in bearer share form.

D.

The low-risk rating for a customer has not changed since the relationship was established 5 years ago.

Discussion
Page: 34 / 57
Title
Questions
Posted

CAMS
PDF

$139.65  $399

CAMS Testing Engine

$157.15  $449

CAMS PDF + Testing Engine

$209.65  $599