{"id":4171,"date":"2026-08-20T09:58:26","date_gmt":"2026-08-20T09:58:26","guid":{"rendered":"https:\/\/blog.trainingdump.com\/?p=4171"},"modified":"2026-08-20T09:58:26","modified_gmt":"2026-08-20T09:58:26","slug":"try-cams-exam-valid-dumps-with-instant-download-free-updates-q164-q183","status":"publish","type":"post","link":"https:\/\/blog.trainingdump.com\/ja\/2026\/08\/try-cams-exam-valid-dumps-with-instant-download-free-updates-q164-q183\/","title":{"rendered":"Try CAMS Exam Valid Dumps with Instant Download Free Updates [Q164-Q183]"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;4171&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;1&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;4&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;4\\\/5 - (1 vote)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Try CAMS Exam Valid Dumps with Instant Download Free Updates [Q164-Q183]&quot;,&quot;width&quot;:&quot;113.5&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 113.5px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            4\/5 - (1 vote)    <\/div>\n    <\/div>\n<p><span style=\"font-size: 18px\"><strong><span style=\"color: red\">Try CAMS Exam Valid Dumps with Instant Download Free Updates<\/span><\/strong><\/span><\/p>\n<p><strong><span style=\"color: red\">CAMS Dumps First Attempt Guaranteed Success<\/span><\/strong><\/p>\n<div id=\"watu_quiz\" class=\"quiz-area single-page-quiz\">\n<form action=\"\" method=\"post\" class=\"quiz-form \" id=\"quiz-1083\" >\n<div class='watu-question' id='question-1'><div class='question-content'><p><strong>NO.164<\/strong> Based on the AML principles outlined by the Wolfsberg Group, what do private and correspondent banks have in common when monitoring for terrorist financing?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21405' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82737' \/><div class='watu-question-choice'><input type='radio' name='answer-21405[]' id='answer-id-82737' class='answer answer-1 js-answer-label answerof-21405' value='82737' \/>&nbsp;<label for='answer-id-82737' id='answer-label-82737' class='js-answer-label answer label-1'><span class='answer'>Numbered or alternate name accounts will only be accepted if the bank has established the identity of the client and beneficial owner.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82738' \/><div class='watu-question-choice'><input type='radio' name='answer-21405[]' id='answer-id-82738' class='answer answer-1 php-answer-label answerof-21405' value='82738' \/>&nbsp;<label for='answer-id-82738' id='answer-label-82738' class='php-answer-label answer label-1'><span class='answer'>Account and transactional activity are monitored after the proper identification and verification of customers.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82739' \/><div class='watu-question-choice'><input type='radio' name='answer-21405[]' id='answer-id-82739' class='answer answer-1 js-answer-label answerof-21405' value='82739' \/>&nbsp;<label for='answer-id-82739' id='answer-label-82739' class='js-answer-label answer label-1'><span class='answer'>Cash access from a pre-paid card increases the potential that the card will be used for money laundering purposes.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82740' \/><div class='watu-question-choice'><input type='radio' name='answer-21405[]' id='answer-id-82740' class='answer answer-1 js-answer-label answerof-21405' value='82740' \/>&nbsp;<label for='answer-id-82740' id='answer-label-82740' class='js-answer-label answer label-1'><span class='answer'>Transaction monitoring examines the relationship between due diligence information and account closings.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>According to the Wolfsberg Group, a global association of leading banks that develops guidance and standards for the management of financial crime risks, both private and correspondent banks should monitor account and transactional activity after the proper identification and verification of customers, as part of their anti-money laundering and counter-terrorist financing (AML\/CTF) measures12. This is consistent with the FATF Recommendation 10, which requires financial institutions to conduct ongoing due diligence on their business relationships, including scrutinising transactions to ensure that they are consistent with the customer&#8217;s risk profile and source of funds3. Monitoring account and transactional activity is a key component of the risk-based approach, as it enables banks to detect and report suspicious or unusual transactions, identify changes in customer behaviour or circumstances, and update customer information and risk assessments accordingly4.<br\/>Reference:<br\/>1: Wolfsberg Anti-Money Laundering Principles for Private Banking (2012)<br\/>2: Wolfsberg Correspondent Banking Due Diligence Questionnaire (2017)<br\/>3: The FATF Recommendations &#8211; Financial Action Task Force<br\/>4: Risk-Based Approach for the Banking Sector &#8211; Financial Action Task Force<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(1,this)' id='btn-1' value='See Answer'  \/><input type='hidden' id='questionType1' value='radio' class=''><\/div><div class='watu-question' id='question-2'><div class='question-content'><p><strong>NO.165<\/strong> The Wolfsberg Principles for Private Banking list circumstances that would require additional due diligence, including activities that involve which three of these choices?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21406' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82741' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21406[]' id='answer-id-82741' class='answer answer-2 js-answer-label answerof-21406' value='82741' \/>&nbsp;<label for='answer-id-82741' id='answer-label-82741' class='js-answer-label answer label-2'><span class='answer'>Foreign jurisdictions<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82742' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21406[]' id='answer-id-82742' class='answer answer-2 php-answer-label answerof-21406' value='82742' \/>&nbsp;<label for='answer-id-82742' id='answer-label-82742' class='php-answer-label answer label-2'><span class='answer'>High Risk Countries, including those identified by credible sources as having inadequate Anti-Money Laundering standards<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82743' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21406[]' id='answer-id-82743' class='answer answer-2 php-answer-label answerof-21406' value='82743' \/>&nbsp;<label for='answer-id-82743' id='answer-label-82743' class='php-answer-label answer label-2'><span class='answer'>High Risk activities, involving clients and beneficial owners whose source of wealth originates from activities known to be vulnerable to money laundering<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82744' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21406[]' id='answer-id-82744' class='answer answer-2 php-answer-label answerof-21406' value='82744' \/>&nbsp;<label for='answer-id-82744' id='answer-label-82744' class='php-answer-label answer label-2'><span class='answer'>Public officials, including those individuals who have or had positions of public trust<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(2,this)' id='btn-2' value='See Answer'  \/><input type='hidden' id='questionType2' value='checkbox' class=''><\/div><div class='watu-question' id='question-3'><div class='question-content'><p><strong>NO.166<\/strong> A bank has maintained an account for a European charity for several years. The charity provides clothing to persons in need in various countries with active terrorists&#8217; cells.<br \/>Which action by the charity indicates possible terrorist financing?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21407' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82745' \/><div class='watu-question-choice'><input type='radio' name='answer-21407[]' id='answer-id-82745' class='answer answer-3 js-answer-label answerof-21407' value='82745' \/>&nbsp;<label for='answer-id-82745' id='answer-label-82745' class='js-answer-label answer label-3'><span class='answer'>The charity frequently withdraws cash from the bank<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82746' \/><div class='watu-question-choice'><input type='radio' name='answer-21407[]' id='answer-id-82746' class='answer answer-3 php-answer-label answerof-21407' value='82746' \/>&nbsp;<label for='answer-id-82746' id='answer-label-82746' class='php-answer-label answer label-3'><span class='answer'>The charity has branch locations located in various countries<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82747' \/><div class='watu-question-choice'><input type='radio' name='answer-21407[]' id='answer-id-82747' class='answer answer-3 js-answer-label answerof-21407' value='82747' \/>&nbsp;<label for='answer-id-82747' id='answer-label-82747' class='js-answer-label answer label-3'><span class='answer'>The charity receives cash donations primarily from European countries<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82748' \/><div class='watu-question-choice'><input type='radio' name='answer-21407[]' id='answer-id-82748' class='answer answer-3 js-answer-label answerof-21407' value='82748' \/>&nbsp;<label for='answer-id-82748' id='answer-label-82748' class='js-answer-label answer label-3'><span class='answer'>The charity maintains a bank account for non-business-related expenses<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(3,this)' id='btn-3' value='See Answer'  \/><input type='hidden' id='questionType3' value='radio' class=''><\/div><div class='watu-question' id='question-4'><div class='question-content'><p><strong>NO.167<\/strong> Which is a key role of FATF-Style Regional Bodies (FSRBs)?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21408' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82749' \/><div class='watu-question-choice'><input type='radio' name='answer-21408[]' id='answer-id-82749' class='answer answer-4 php-answer-label answerof-21408' value='82749' \/>&nbsp;<label for='answer-id-82749' id='answer-label-82749' class='php-answer-label answer label-4'><span class='answer'>Support the system of mutual evaluation<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82750' \/><div class='watu-question-choice'><input type='radio' name='answer-21408[]' id='answer-id-82750' class='answer answer-4 js-answer-label answerof-21408' value='82750' \/>&nbsp;<label for='answer-id-82750' id='answer-label-82750' class='js-answer-label answer label-4'><span class='answer'>Setting regional standards for combatting money laundering<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82751' \/><div class='watu-question-choice'><input type='radio' name='answer-21408[]' id='answer-id-82751' class='answer answer-4 js-answer-label answerof-21408' value='82751' \/>&nbsp;<label for='answer-id-82751' id='answer-label-82751' class='js-answer-label answer label-4'><span class='answer'>Bring additional terrorist financing laws into action in the region<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82752' \/><div class='watu-question-choice'><input type='radio' name='answer-21408[]' id='answer-id-82752' class='answer answer-4 js-answer-label answerof-21408' value='82752' \/>&nbsp;<label for='answer-id-82752' id='answer-label-82752' class='js-answer-label answer label-4'><span class='answer'>Enforce the specific FATF laws in the region<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>one of the key roles of FATF-Style Regional Bodies (FSRBs) is to support the system of mutual evaluation, which is a peer review process that assesses the level of compliance and effectiveness of each member country&#8217;s anti-money laundering and counter-terrorism financing (AML\/CFT) regime12. FSRBs conduct mutual evaluations in accordance with the FATF&#8217;s methodology and standards, and share the results and recommendations with the FATF and other FSRBs3. Mutual evaluations help identify the strengthsand weaknesses of each country&#8217;s AML\/CFT system, and provide a basis for technical assistance and follow-up actions4.<br\/>What are the 9 FATF-Style Regional Bodies (FSRBs)? &#8211; Sygna1<br\/>FATF-Style Regional Bodies (FSRBs) &#8211; Asia\/Pacific Group on Money Laundering2 The Role of FATF Style Regional Bodies (FSRBs) in Combating &#8230; &#8211; IDMerit3<br\/>9 FATF-Style Regional Bodies (FSRBs) &#8211; fineksus.com4<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(4,this)' id='btn-4' value='See Answer'  \/><input type='hidden' id='questionType4' value='radio' class=''><\/div><div class='watu-question' id='question-5'><div class='question-content'><p><strong>NO.168<\/strong> Which of the following represents the first Financial Action Task Force initiative?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21409' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82753' \/><div class='watu-question-choice'><input type='radio' name='answer-21409[]' id='answer-id-82753' class='answer answer-5 php-answer-label answerof-21409' value='82753' \/>&nbsp;<label for='answer-id-82753' id='answer-label-82753' class='php-answer-label answer label-5'><span class='answer'>The 40 Recommendations on Money Laundering<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82754' \/><div class='watu-question-choice'><input type='radio' name='answer-21409[]' id='answer-id-82754' class='answer answer-5 js-answer-label answerof-21409' value='82754' \/>&nbsp;<label for='answer-id-82754' id='answer-label-82754' class='js-answer-label answer label-5'><span class='answer'>The Report on Non-Cooperative Countries and Territories<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82755' \/><div class='watu-question-choice'><input type='radio' name='answer-21409[]' id='answer-id-82755' class='answer answer-5 js-answer-label answerof-21409' value='82755' \/>&nbsp;<label for='answer-id-82755' id='answer-label-82755' class='js-answer-label answer label-5'><span class='answer'>The Report on Money Laundering Typologies<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82756' \/><div class='watu-question-choice'><input type='radio' name='answer-21409[]' id='answer-id-82756' class='answer answer-5 js-answer-label answerof-21409' value='82756' \/>&nbsp;<label for='answer-id-82756' id='answer-label-82756' class='js-answer-label answer label-5'><span class='answer'>The Special Recommendations on Terrorist Financing<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>The first Financial Action Task Force (FATF) initiative was the 40 Recommendations on Money Laundering, which were issued in April 1990, less than a year after the FATF was established by the G7 summit in Paris in<br\/>1989. The 40 Recommendations aimed to provide a comprehensive plan of action to fight money laundering by setting out the principles and measures for effective legal, regulatory, and operational frameworks at the national and international levels. The 40 Recommendations have been revised and updated several times since then, most recently in 2022, to reflect the evolving trends and techniques of money laundering and to include the issues of terrorist financing and the financing of proliferation of weapons of mass destruction.<br\/>The other options are not the first FATF initiative, but they are related to the FATF&#8217;s work and mandate. The Report on Non-Cooperative Countries and Territories (NCCTs) was launched in 2000 to identify and monitor the jurisdictions that did not comply with the FATF standards and posed a risk to the international financial system. The Report on Money Laundering Typologies was first published in 1996 and has been updated annually to provide an analysis of the methods, techniques, and trends of money launderingand to assist the FATF members and observers in developing effective countermeasures. The Special Recommendations on Terrorist Financing were issued in October 2001, following the September 11 attacks, to complement the 40 Recommendations and to address the specific challenges of combating the financing of terrorism and terrorist acts.<br\/>History of the FATF, 1<br\/>Financial Action Task Force &#8211; Wikipedia, 2<br\/>Financial Action Task Force (FATF): What it is, How it Works &#8211; Investopedia, 3 The FINANCIAL ACTION TASK FORCE (FATF) &#8211; INSIGHTSIAS, 4<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(5,this)' id='btn-5' value='See Answer'  \/><input type='hidden' id='questionType5' value='radio' class=''><\/div><div class='watu-question' id='question-6'><div class='question-content'><p><strong>NO.169<\/strong> Which scenario is closest to the definition of money laundering the United Nations Convention against Transnational Organized Crime and Other Protocols provided?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21410' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82757' \/><div class='watu-question-choice'><input type='radio' name='answer-21410[]' id='answer-id-82757' class='answer answer-6 js-answer-label answerof-21410' value='82757' \/>&nbsp;<label for='answer-id-82757' id='answer-label-82757' class='js-answer-label answer label-6'><span class='answer'>Filing a suspicious transaction report when you know or suspect money laundering is taking place<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82758' \/><div class='watu-question-choice'><input type='radio' name='answer-21410[]' id='answer-id-82758' class='answer answer-6 php-answer-label answerof-21410' value='82758' \/>&nbsp;<label for='answer-id-82758' id='answer-label-82758' class='php-answer-label answer label-6'><span class='answer'>Knowingly financing a resort development with the proceeds of arms trafficking<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82759' \/><div class='watu-question-choice'><input type='radio' name='answer-21410[]' id='answer-id-82759' class='answer answer-6 js-answer-label answerof-21410' value='82759' \/>&nbsp;<label for='answer-id-82759' id='answer-label-82759' class='js-answer-label answer label-6'><span class='answer'>Assisting a client in a property conveyance by effecting the transfer of ownership from the seller to the purchaser when you don&#8217;t know the purchaser<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82760' \/><div class='watu-question-choice'><input type='radio' name='answer-21410[]' id='answer-id-82760' class='answer answer-6 js-answer-label answerof-21410' value='82760' \/>&nbsp;<label for='answer-id-82760' id='answer-label-82760' class='js-answer-label answer label-6'><span class='answer'>Discussing your suspicions with a client, thus giving the client the opportunity to switch service providers and to cover his tracks in future transactions<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(6,this)' id='btn-6' value='See Answer'  \/><input type='hidden' id='questionType6' value='radio' class=''><\/div><div class='watu-question' id='question-7'><div class='question-content'><p><strong>NO.170<\/strong> A compliance analyst has recently investigated an account where money was deposited in amounts below the reporting limit and almost entirely withdrawn in a foreign country. Which type of money laundering is the compliance analyst potentially identifying?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21411' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82761' \/><div class='watu-question-choice'><input type='radio' name='answer-21411[]' id='answer-id-82761' class='answer answer-7 js-answer-label answerof-21411' value='82761' \/>&nbsp;<label for='answer-id-82761' id='answer-label-82761' class='js-answer-label answer label-7'><span class='answer'>Trade-based<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82762' \/><div class='watu-question-choice'><input type='radio' name='answer-21411[]' id='answer-id-82762' class='answer answer-7 js-answer-label answerof-21411' value='82762' \/>&nbsp;<label for='answer-id-82762' id='answer-label-82762' class='js-answer-label answer label-7'><span class='answer'>Check Kiting<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82763' \/><div class='watu-question-choice'><input type='radio' name='answer-21411[]' id='answer-id-82763' class='answer answer-7 php-answer-label answerof-21411' value='82763' \/>&nbsp;<label for='answer-id-82763' id='answer-label-82763' class='php-answer-label answer label-7'><span class='answer'>Structuring<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82764' \/><div class='watu-question-choice'><input type='radio' name='answer-21411[]' id='answer-id-82764' class='answer answer-7 js-answer-label answerof-21411' value='82764' \/>&nbsp;<label for='answer-id-82764' id='answer-label-82764' class='js-answer-label answer label-7'><span class='answer'>Microstructuring<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>According to the Anti-Money Laundering Specialist (the 6th edition) study guide, structuring is a technique used by money launderers to avoid triggering currency transaction reporting requirements by breaking down large amounts of cash into smaller deposits that are below the reporting threshold1. Structuring can also involve withdrawing cash in small amounts from different locations or branches to evade detection and scrutiny2. Therefore, the compliance analyst is potentially identifying structuring as the type of money laundering in this case.<br\/>References:<br\/>1: CAMS Study Guide, 6th Edition, Chapter 1, Section 1.3, page 14<br\/>2: CAMS Study Guide, 6th Edition, Chapter 1, Section 1.4, page 15<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(7,this)' id='btn-7' value='See Answer'  \/><input type='hidden' id='questionType7' value='radio' class=''><\/div><div class='watu-question' id='question-8'><div class='question-content'><p><strong>NO.171<\/strong> the Financing of Terrorism (CFT)]<br \/>Which should be provided to the board of directors or designated specialized committee when preparing suspicious activity reports (SARs)?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21412' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82765' \/><div class='watu-question-choice'><input type='radio' name='answer-21412[]' id='answer-id-82765' class='answer answer-8 js-answer-label answerof-21412' value='82765' \/>&nbsp;<label for='answer-id-82765' id='answer-label-82765' class='js-answer-label answer label-8'><span class='answer'>All possible details of SARs filed during the reported period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82766' \/><div class='watu-question-choice'><input type='radio' name='answer-21412[]' id='answer-id-82766' class='answer answer-8 js-answer-label answerof-21412' value='82766' \/>&nbsp;<label for='answer-id-82766' id='answer-label-82766' class='js-answer-label answer label-8'><span class='answer'>Names of all customers subject to SARs filed during the reported period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82767' \/><div class='watu-question-choice'><input type='radio' name='answer-21412[]' id='answer-id-82767' class='answer answer-8 php-answer-label answerof-21412' value='82767' \/>&nbsp;<label for='answer-id-82767' id='answer-label-82767' class='php-answer-label answer label-8'><span class='answer'>Statistical data regarding SARs filed during the reported period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82768' \/><div class='watu-question-choice'><input type='radio' name='answer-21412[]' id='answer-id-82768' class='answer answer-8 js-answer-label answerof-21412' value='82768' \/>&nbsp;<label for='answer-id-82768' id='answer-label-82768' class='js-answer-label answer label-8'><span class='answer'>Copies of all SARs filed during the reported period<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>The board of directors or designated specialized committee should be provided with statistical data regarding SARs filed during the reported period, such as the number, type, and amount of SARs, as well as any trends or patterns identified. This would enable them to oversee the effectiveness of the anti-money laundering program and ensure compliance with regulatory requirements. Providing too much detail, such as names of customers or copies of SARs, could compromise the confidentiality of the SARs and expose the institution to legal risks.<br\/>References:<br\/>ACAMS Study Guide for the CAMS Certification Examination, 6th Edition, Chapter 5, page 153, section<br\/>&#8220;Reporting to the Board of Directors or Designated Specialized Committee&#8221;.<br\/>ACAMS CAMS Certification Video Training Course, Module 5, Lesson 5.4, &#8220;Reporting to the Board of Directors or Designated Specialized Committee&#8221;.<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(8,this)' id='btn-8' value='See Answer'  \/><input type='hidden' id='questionType8' value='radio' class=''><\/div><div class='watu-question' id='question-9'><div class='question-content'><p><strong>NO.172<\/strong> Combating the Financing of Terrorism (CFT)]<br \/>Which scenario best justifies why a customer&#8217;s account might be closed by a financial institution?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21413' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82769' \/><div class='watu-question-choice'><input type='radio' name='answer-21413[]' id='answer-id-82769' class='answer answer-9 php-answer-label answerof-21413' value='82769' \/>&nbsp;<label for='answer-id-82769' id='answer-label-82769' class='php-answer-label answer label-9'><span class='answer'>The account has transactions that triggered multiple suspicious activity reports.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82770' \/><div class='watu-question-choice'><input type='radio' name='answer-21413[]' id='answer-id-82770' class='answer answer-9 js-answer-label answerof-21413' value='82770' \/>&nbsp;<label for='answer-id-82770' id='answer-label-82770' class='js-answer-label answer label-9'><span class='answer'>The customer uses a shipping company dealing with specially designated nationals.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82771' \/><div class='watu-question-choice'><input type='radio' name='answer-21413[]' id='answer-id-82771' class='answer answer-9 js-answer-label answerof-21413' value='82771' \/>&nbsp;<label for='answer-id-82771' id='answer-label-82771' class='js-answer-label answer label-9'><span class='answer'>The customer is the object of a civil subpoena.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82772' \/><div class='watu-question-choice'><input type='radio' name='answer-21413[]' id='answer-id-82772' class='answer answer-9 js-answer-label answerof-21413' value='82772' \/>&nbsp;<label for='answer-id-82772' id='answer-label-82772' class='js-answer-label answer label-9'><span class='answer'>The account shows periodic fixed amount remittances for tuition fees.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>Financial institutions closely monitor customer accounts for suspicious activity related to money laundering, terrorist financing, or other illicit activities. If an account consistently triggers multiple suspicious activity reports (SARs), it raises red flags. These reports indicate unusual or potentially illegal transactions, such as large cash deposits, frequent transfers to high-risk jurisdictions, or patterns inconsistent with the customer&#8217;s profile. To mitigate risk and comply with anti-money laundering (AML) regulations, the financial institution may decide to close the account. Regular SAR filings are essential for maintaining the integrity of the financial system and preventing illicit financial flows12.<br\/>References:<br\/>1. ACAMS: Suspicious Activity Reports (SARs)<br\/>2. MoneyLaundering.com: Suspicious Activity Reports<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(9,this)' id='btn-9' value='See Answer'  \/><input type='hidden' id='questionType9' value='radio' class=''><\/div><div class='watu-question' id='question-10'><div class='question-content'><p><strong>NO.173<\/strong> Normal account-opening procedures reveal a customer who contacted a financial institution to open a bank account is the brother of a prominent member of a foreign judiciary. Which of the following actions should the anti-money laundering specialist recommend immediately?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21414' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82773' \/><div class='watu-question-choice'><input type='radio' name='answer-21414[]' id='answer-id-82773' class='answer answer-10 js-answer-label answerof-21414' value='82773' \/>&nbsp;<label for='answer-id-82773' id='answer-label-82773' class='js-answer-label answer label-10'><span class='answer'>Monitor the customer&#8217;s account.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82774' \/><div class='watu-question-choice'><input type='radio' name='answer-21414[]' id='answer-id-82774' class='answer answer-10 php-answer-label answerof-21414' value='82774' \/>&nbsp;<label for='answer-id-82774' id='answer-label-82774' class='php-answer-label answer label-10'><span class='answer'>Perform enhanced due diligence.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82775' \/><div class='watu-question-choice'><input type='radio' name='answer-21414[]' id='answer-id-82775' class='answer answer-10 js-answer-label answerof-21414' value='82775' \/>&nbsp;<label for='answer-id-82775' id='answer-label-82775' class='js-answer-label answer label-10'><span class='answer'>File a suspicious transaction report with the competent authority.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82776' \/><div class='watu-question-choice'><input type='radio' name='answer-21414[]' id='answer-id-82776' class='answer answer-10 js-answer-label answerof-21414' value='82776' \/>&nbsp;<label for='answer-id-82776' id='answer-label-82776' class='js-answer-label answer label-10'><span class='answer'>Contact the institution&#8217;s legal advisor.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>A customer who is the brother of a prominent member of a foreign judiciary is considered a politically exposed person (PEP) or a family member of a PEP. PEPs are individuals who hold or have held positions of public trust or influence in a foreign country, such as heads of state, senior politicians, high-ranking military officers, judges, or executives of state-owned enterprises. PEPs pose a higher risk of money laundering, corruption, or bribery due to their access to public funds, influence over policy decisions, or connections to other powerful individuals. Therefore, financial institutions are required to perform enhanced due diligence (EDD) on PEPs and their family members, as well as monitor their transactions and activities more closely.<br\/>EDD is a set of additional measures that go beyond the standard customer due diligence (CDD) to obtain more information about the customer, such as their source of wealth, source of funds, expected account activity, business relationships, and reputation. EDD also involves conducting ongoing reviews and updating the customer risk profile regularly. EDD helps the financial institution to mitigate the risks associated with PEPs and detect any signs of money laundering or other illicit activities.<br\/>ACAMS Study Guide1, Chapter 2: Compliance Standards for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT), pages 51-52 FATF Guidance on Politically Exposed Persons2, pages 9-10, 13-14, 17-18 Wolfsberg Group Guidance on Politically Exposed Persons3, pages 2-3, 6-7<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(10,this)' id='btn-10' value='See Answer'  \/><input type='hidden' id='questionType10' value='radio' class=''><\/div><div class='watu-question' id='question-11'><div class='question-content'><p><strong>NO.174<\/strong> the Financing of Terrorism (CFT)]<br \/>A legal instrument that isexecuted between two nationsand governscross-border information sharingis known as a:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21415' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82777' \/><div class='watu-question-choice'><input type='radio' name='answer-21415[]' id='answer-id-82777' class='answer answer-11 js-answer-label answerof-21415' value='82777' \/>&nbsp;<label for='answer-id-82777' id='answer-label-82777' class='js-answer-label answer label-11'><span class='answer'>Memorandum of agreement.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82778' \/><div class='watu-question-choice'><input type='radio' name='answer-21415[]' id='answer-id-82778' class='answer answer-11 js-answer-label answerof-21415' value='82778' \/>&nbsp;<label for='answer-id-82778' id='answer-label-82778' class='js-answer-label answer label-11'><span class='answer'>Declaration of understanding.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82779' \/><div class='watu-question-choice'><input type='radio' name='answer-21415[]' id='answer-id-82779' class='answer answer-11 js-answer-label answerof-21415' value='82779' \/>&nbsp;<label for='answer-id-82779' id='answer-label-82779' class='js-answer-label answer label-11'><span class='answer'>Memorandum of understanding.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82780' \/><div class='watu-question-choice'><input type='radio' name='answer-21415[]' id='answer-id-82780' class='answer answer-11 php-answer-label answerof-21415' value='82780' \/>&nbsp;<label for='answer-id-82780' id='answer-label-82780' class='php-answer-label answer label-11'><span class='answer'>Mutual legal assistance treaty.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>Mutual Legal Assistance Treaties (MLATs)areformal agreementsforcross-border law enforcement cooperation.<br\/>* Option D (Correct):MLATsallow countries toexchange information, conduct joint investigations, and provide legal assistance.<br\/>* Option A (Incorrect):Memoranda of Agreement (MOA)are typicallynon-binding agreements between private entities.<br\/>* Option B (Incorrect):Declarations of understandingare informal statements, not legally binding treaties.<br\/>* Option C (Incorrect):Memoranda of Understanding (MOUs)governgeneral cooperation, not formal legal assistance.<br\/>Reference:FATF Recommendation 40 (International Cooperation), U.S.-EU MLATs, INTERPOL Guidelines on Cross-Border Investigations.<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(11,this)' id='btn-11' value='See Answer'  \/><input type='hidden' id='questionType11' value='radio' class=''><\/div><div class='watu-question' id='question-12'><div class='question-content'><p><strong>NO.175<\/strong> Which requirement is included in the Fourth European Union Directive on money laundering?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21416' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82781' \/><div class='watu-question-choice'><input type='radio' name='answer-21416[]' id='answer-id-82781' class='answer answer-12 js-answer-label answerof-21416' value='82781' \/>&nbsp;<label for='answer-id-82781' id='answer-label-82781' class='js-answer-label answer label-12'><span class='answer'>It requires obliged entities to consider politically exposed persons as high risk for life<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82782' \/><div class='watu-question-choice'><input type='radio' name='answer-21416[]' id='answer-id-82782' class='answer answer-12 js-answer-label answerof-21416' value='82782' \/>&nbsp;<label for='answer-id-82782' id='answer-label-82782' class='js-answer-label answer label-12'><span class='answer'>It requires obliged entities to conduct enhanced due diligence on all prepaid card holders<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82783' \/><div class='watu-question-choice'><input type='radio' name='answer-21416[]' id='answer-id-82783' class='answer answer-12 php-answer-label answerof-21416' value='82783' \/>&nbsp;<label for='answer-id-82783' id='answer-label-82783' class='php-answer-label answer label-12'><span class='answer'>It requires member countries to maintain registries of the beneficial owners of legal entities<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82784' \/><div class='watu-question-choice'><input type='radio' name='answer-21416[]' id='answer-id-82784' class='answer answer-12 js-answer-label answerof-21416' value='82784' \/>&nbsp;<label for='answer-id-82784' id='answer-label-82784' class='js-answer-label answer label-12'><span class='answer'>It requires member states to enact economic sanctions against countries that do not cooperate with Financial Action Task Force recommendations<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>The Fourth European Union Directive on money laundering (AMLD4) requires member countries to maintain registries of the beneficial owners of legal entities, such as companies, trusts, foundations, etc. This is to ensure that the true identity and ownership of the customers and the natural persons on whose behalf transactions are conducted are known to the obliged entities, such as banks, lawyers, accountants, etc., and to the competent authorities, such as regulators, supervisors, or law enforcement12. This requirement aims to prevent the misuse of legal entities for money laundering or terrorist financing purposes, and to enhance transparency and access to beneficial ownership information34.<br\/>References: 1: AMLD4, Article 30, 5; 2: AMLD4, Recital 25, 5; 3: AMLD4, Recital 26, 5; 4: AMLD4, Recital 27, 5.<br\/>Reference: https:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/HTML\/?uri=CELEX:32018L0843&amp;from=EN<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(12,this)' id='btn-12' value='See Answer'  \/><input type='hidden' id='questionType12' value='radio' class=''><\/div><div class='watu-question' id='question-13'><div class='question-content'><p><strong>NO.176<\/strong> Which statement about U.S. Specified Unlawful Activities (SUA) is true?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21417' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82785' \/><div class='watu-question-choice'><input type='radio' name='answer-21417[]' id='answer-id-82785' class='answer answer-13 php-answer-label answerof-21417' value='82785' \/>&nbsp;<label for='answer-id-82785' id='answer-label-82785' class='php-answer-label answer label-13'><span class='answer'>At least one SUA must be proven in order to pursue a money laundering conviction<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82786' \/><div class='watu-question-choice'><input type='radio' name='answer-21417[]' id='answer-id-82786' class='answer answer-13 js-answer-label answerof-21417' value='82786' \/>&nbsp;<label for='answer-id-82786' id='answer-label-82786' class='js-answer-label answer label-13'><span class='answer'>SUAs are generally limited to a small sub-set of crimes<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82787' \/><div class='watu-question-choice'><input type='radio' name='answer-21417[]' id='answer-id-82787' class='answer answer-13 js-answer-label answerof-21417' value='82787' \/>&nbsp;<label for='answer-id-82787' id='answer-label-82787' class='js-answer-label answer label-13'><span class='answer'>In order to secure a conviction, the defendant must be proven to have known the precise nature of the source of funds<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82788' \/><div class='watu-question-choice'><input type='radio' name='answer-21417[]' id='answer-id-82788' class='answer answer-13 js-answer-label answerof-21417' value='82788' \/>&nbsp;<label for='answer-id-82788' id='answer-label-82788' class='js-answer-label answer label-13'><span class='answer'>SUAs are limited to crimes that occur within the borders of the U.S. and its territories and possessions<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>According to 18 U.S.C. \u00a7 1956, the money laundering statute, the property involved in a financial transaction must represent the proceeds of some form of unlawful activity, which is defined as a specified unlawful activity (SUA). SUAs include over 250 crimes in six categories, such as RICO predicate offenses, certain offenses against foreign nations, acts constituting a criminal enterprise under the Controlled Substances Act, and federal health care offenses. Therefore, in order to pursue a money laundering conviction, the government must prove that at least one SUA was committed and that the property involved in the transaction was derived from that SUA.<br\/>18 U.S. Code \u00a7 1956 &#8211; Laundering of monetary instruments, (a)(1) and (7).<br\/>957. Money Laundering-18 U.S.C. \u00a7\u00a7 1956 &amp; 1957, first paragraph.<br\/>Specified Unlawful Activities (SUA), first paragraph.<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(13,this)' id='btn-13' value='See Answer'  \/><input type='hidden' id='questionType13' value='radio' class=''><\/div><div class='watu-question' id='question-14'><div class='question-content'><p><strong>NO.177<\/strong> A bank has maintained an account for a European charity for several years. The charity provides clothing to persons in need in various countries with active terrorists&#8217; cells.<br \/>Which action by the charity indicates possible terrorist financing?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21418' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82789' \/><div class='watu-question-choice'><input type='radio' name='answer-21418[]' id='answer-id-82789' class='answer answer-14 php-answer-label answerof-21418' value='82789' \/>&nbsp;<label for='answer-id-82789' id='answer-label-82789' class='php-answer-label answer label-14'><span class='answer'>The charity frequently withdraws cash from the bank<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82790' \/><div class='watu-question-choice'><input type='radio' name='answer-21418[]' id='answer-id-82790' class='answer answer-14 js-answer-label answerof-21418' value='82790' \/>&nbsp;<label for='answer-id-82790' id='answer-label-82790' class='js-answer-label answer label-14'><span class='answer'>The charity has branch locations located in various countries<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82791' \/><div class='watu-question-choice'><input type='radio' name='answer-21418[]' id='answer-id-82791' class='answer answer-14 js-answer-label answerof-21418' value='82791' \/>&nbsp;<label for='answer-id-82791' id='answer-label-82791' class='js-answer-label answer label-14'><span class='answer'>The charity receives cash donations primarily from European countries<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82792' \/><div class='watu-question-choice'><input type='radio' name='answer-21418[]' id='answer-id-82792' class='answer answer-14 js-answer-label answerof-21418' value='82792' \/>&nbsp;<label for='answer-id-82792' id='answer-label-82792' class='js-answer-label answer label-14'><span class='answer'>The charity maintains a bank account for non-business-related expenses<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(14,this)' id='btn-14' value='See Answer'  \/><input type='hidden' id='questionType14' value='radio' class=''><\/div><div class='watu-question' id='question-15'><div class='question-content'><p><strong>NO.178<\/strong> In reviewing recent activity, a compliance officer for a money transmitter that several customers are each remitting the same amount of money but much more frequently.<br \/>How should the institution respond?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21419' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82793' \/><div class='watu-question-choice'><input type='radio' name='answer-21419[]' id='answer-id-82793' class='answer answer-15 js-answer-label answerof-21419' value='82793' \/>&nbsp;<label for='answer-id-82793' id='answer-label-82793' class='js-answer-label answer label-15'><span class='answer'>File a suspicious transaction report<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82794' \/><div class='watu-question-choice'><input type='radio' name='answer-21419[]' id='answer-id-82794' class='answer answer-15 js-answer-label answerof-21419' value='82794' \/>&nbsp;<label for='answer-id-82794' id='answer-label-82794' class='js-answer-label answer label-15'><span class='answer'>Instruct the tellers not to process remittances for these customers in the future<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82795' \/><div class='watu-question-choice'><input type='radio' name='answer-21419[]' id='answer-id-82795' class='answer answer-15 php-answer-label answerof-21419' value='82795' \/>&nbsp;<label for='answer-id-82795' id='answer-label-82795' class='php-answer-label answer label-15'><span class='answer'>Conduct further investigation to determine whether this is truly suspicious activity<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82796' \/><div class='watu-question-choice'><input type='radio' name='answer-21419[]' id='answer-id-82796' class='answer answer-15 js-answer-label answerof-21419' value='82796' \/>&nbsp;<label for='answer-id-82796' id='answer-label-82796' class='js-answer-label answer label-15'><span class='answer'>Immediately contact the customers and ask them why they are remitting money more often<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(15,this)' id='btn-15' value='See Answer'  \/><input type='hidden' id='questionType15' value='radio' class=''><\/div><div class='watu-question' id='question-16'><div class='question-content'><p><strong>NO.179<\/strong> Which statement about U.S. Specified Unlawful Activities (SUA) is true?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21420' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82797' \/><div class='watu-question-choice'><input type='radio' name='answer-21420[]' id='answer-id-82797' class='answer answer-16 php-answer-label answerof-21420' value='82797' \/>&nbsp;<label for='answer-id-82797' id='answer-label-82797' class='php-answer-label answer label-16'><span class='answer'>At least one SUA must be proven in order to pursue a money laundering conviction<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82798' \/><div class='watu-question-choice'><input type='radio' name='answer-21420[]' id='answer-id-82798' class='answer answer-16 js-answer-label answerof-21420' value='82798' \/>&nbsp;<label for='answer-id-82798' id='answer-label-82798' class='js-answer-label answer label-16'><span class='answer'>SUAs are generally limited to a small sub-set of crimes<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82799' \/><div class='watu-question-choice'><input type='radio' name='answer-21420[]' id='answer-id-82799' class='answer answer-16 js-answer-label answerof-21420' value='82799' \/>&nbsp;<label for='answer-id-82799' id='answer-label-82799' class='js-answer-label answer label-16'><span class='answer'>In order to secure a conviction, the defendant must be proven to have known the precise nature of the source of funds<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82800' \/><div class='watu-question-choice'><input type='radio' name='answer-21420[]' id='answer-id-82800' class='answer answer-16 js-answer-label answerof-21420' value='82800' \/>&nbsp;<label for='answer-id-82800' id='answer-label-82800' class='js-answer-label answer label-16'><span class='answer'>SUAs are limited to crimes that occur within the borders of the U.S. and its territories and possessions<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>According to 18 U.S.C. \u00a7 1956, the money laundering statute, the property involved in a financial transaction must represent the proceeds of some form of unlawful activity, which is defined as a specified unlawful activity (SUA). SUAs include over 250 crimes in six categories, such as RICO predicate offenses, certain offenses against foreign nations, acts constituting a criminal enterprise under the Controlled Substances Act, and federal health care offenses. Therefore, in order to pursue a money laundering conviction, the government must prove that at least one SUA was committed and that the property involved in the transaction was derived from that SUA.<br\/>18 U.S. Code \u00a7 1956 &#8211; Laundering of monetary instruments, (a)(1) and \u00a9(7).<br\/>957. Money Laundering-18 U.S.C. \u00a7\u00a7 1956 &amp; 1957, first paragraph.<br\/>Specified Unlawful Activities (SUA), first paragraph.<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(16,this)' id='btn-16' value='See Answer'  \/><input type='hidden' id='questionType16' value='radio' class=''><\/div><div class='watu-question' id='question-17'><div class='question-content'><p><strong>NO.180<\/strong> Which three methods are commonly used by an accountant to launder money? (Choose three.)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21421' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82801' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21421[]' id='answer-id-82801' class='answer answer-17 js-answer-label answerof-21421' value='82801' \/>&nbsp;<label for='answer-id-82801' id='answer-label-82801' class='js-answer-label answer label-17'><span class='answer'>Representing a client court<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82802' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21421[]' id='answer-id-82802' class='answer answer-17 js-answer-label answerof-21421' value='82802' \/>&nbsp;<label for='answer-id-82802' id='answer-label-82802' class='js-answer-label answer label-17'><span class='answer'>Understanding income to take a tax loss<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82803' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21421[]' id='answer-id-82803' class='answer answer-17 php-answer-label answerof-21421' value='82803' \/>&nbsp;<label for='answer-id-82803' id='answer-label-82803' class='php-answer-label answer label-17'><span class='answer'>Overstating income to hide excess cash<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82804' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21421[]' id='answer-id-82804' class='answer answer-17 php-answer-label answerof-21421' value='82804' \/>&nbsp;<label for='answer-id-82804' id='answer-label-82804' class='php-answer-label answer label-17'><span class='answer'>Acting as a conduit for transferring cash between accounts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82805' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21421[]' id='answer-id-82805' class='answer answer-17 php-answer-label answerof-21421' value='82805' \/>&nbsp;<label for='answer-id-82805' id='answer-label-82805' class='php-answer-label answer label-17'><span class='answer'>Acting as a designee for someone who wishes to hide their identity<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(17,this)' id='btn-17' value='See Answer'  \/><input type='hidden' id='questionType17' value='checkbox' class=''><\/div><div class='watu-question' id='question-18'><div class='question-content'><p><strong>NO.181<\/strong> Which of the following are key AML measures that a regulated asset management company in the European Union (EU) should implement? (Select Two.)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21422' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82806' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21422[]' id='answer-id-82806' class='answer answer-18 php-answer-label answerof-21422' value='82806' \/>&nbsp;<label for='answer-id-82806' id='answer-label-82806' class='php-answer-label answer label-18'><span class='answer'>Performing negative news checks of prospective customers.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82807' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21422[]' id='answer-id-82807' class='answer answer-18 js-answer-label answerof-21422' value='82807' \/>&nbsp;<label for='answer-id-82807' id='answer-label-82807' class='js-answer-label answer label-18'><span class='answer'>Rejecting any politically exposed persons (PEPs) as customers.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82808' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21422[]' id='answer-id-82808' class='answer answer-18 js-answer-label answerof-21422' value='82808' \/>&nbsp;<label for='answer-id-82808' id='answer-label-82808' class='js-answer-label answer label-18'><span class='answer'>Inviting prospective customers for an onboarding interview.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82809' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21422[]' id='answer-id-82809' class='answer answer-18 php-answer-label answerof-21422' value='82809' \/>&nbsp;<label for='answer-id-82809' id='answer-label-82809' class='php-answer-label answer label-18'><span class='answer'>Understanding the source and origin of assets.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82810' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21422[]' id='answer-id-82810' class='answer answer-18 js-answer-label answerof-21422' value='82810' \/>&nbsp;<label for='answer-id-82810' id='answer-label-82810' class='js-answer-label answer label-18'><span class='answer'>Producing financial stability reports on interesting customers.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>Asset management companies handle large amounts of funds, making them prime targets for money launderers.<br\/>Option A (Correct): Negative news (adverse media) screening is essential for identifying potential financial crime risks.<br\/>Option D (Correct): Understanding the source and origin of assets ensures that funds come from legitimate sources.<br\/>Option B (Incorrect): PEPs should not be automatically rejected, but enhanced due diligence (EDD) is required.<br\/>Option C (Incorrect): While onboarding interviews help, they are not a mandatory AML measure.<br\/>Option E (Incorrect): Financial stability reports are useful, but not directly linked to AML compliance.<br\/>AML Risks in Asset Management:<br\/>High-value transactions that may mask illicit wealth.<br\/>Layering through investment portfolios to hide the origin of funds.<br\/>Use of offshore structures to evade regulatory scrutiny.<br\/>Best Practices for AML in Asset Management:<br\/>Conduct enhanced due diligence (EDD) on high-net-worth clients.<br\/>Monitor large and unusual transactions.<br\/>Screen customers against PEP, sanction, and adverse media databases.<br\/>Reference:<br\/>FATF Recommendation 22 (AML for Asset Management)<br\/>6th EU Anti-Money Laundering Directive (6AMLD)<br\/>Wolfsberg Group Asset Management AML Framework<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(18,this)' id='btn-18' value='See Answer'  \/><input type='hidden' id='questionType18' value='checkbox' class=''><\/div><div class='watu-question' id='question-19'><div class='question-content'><p><strong>NO.182<\/strong> An AML training program should include which requirement?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21423' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82811' \/><div class='watu-question-choice'><input type='radio' name='answer-21423[]' id='answer-id-82811' class='answer answer-19 js-answer-label answerof-21423' value='82811' \/>&nbsp;<label for='answer-id-82811' id='answer-label-82811' class='js-answer-label answer label-19'><span class='answer'>New tellers should receive training after their first year on the identification of suspicious or unusual activity.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82812' \/><div class='watu-question-choice'><input type='radio' name='answer-21423[]' id='answer-id-82812' class='answer answer-19 js-answer-label answerof-21423' value='82812' \/>&nbsp;<label for='answer-id-82812' id='answer-label-82812' class='js-answer-label answer label-19'><span class='answer'>New lending staff should receive annual training on the preparation of currency transaction reporting.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82813' \/><div class='watu-question-choice'><input type='radio' name='answer-21423[]' id='answer-id-82813' class='answer answer-19 php-answer-label answerof-21423' value='82813' \/>&nbsp;<label for='answer-id-82813' id='answer-label-82813' class='php-answer-label answer label-19'><span class='answer'>New staff should receive training during employee orientation or shortly thereafter on bank procedures.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82814' \/><div class='watu-question-choice'><input type='radio' name='answer-21423[]' id='answer-id-82814' class='answer answer-19 js-answer-label answerof-21423' value='82814' \/>&nbsp;<label for='answer-id-82814' id='answer-label-82814' class='js-answer-label answer label-19'><span class='answer'>New operational staff should receive training shortly after hire on currency transaction reporting exemptions.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'>According to the Anti-Money Laundering Specialist (the 6th edition) study guide, an AML training program should include the requirement that new staff receive training during employee orientation or shortly thereafter on bank procedures. This is because new staff need to be aware of the bank&#8217;s policies and procedures for complying with the money laundering regulations, such as customer due diligence, transaction monitoring, record-keeping, and reporting of suspicious activities. Training new staff as soon as possible also helps to reduce the risk of human errors or oversights that could facilitate money laundering or terrorist financing.<br\/>ACAMS, CAMS Certification Package &#8211; 6th Edition, Chapter 5, page 143<br\/>ACAMS, CAMS Certification Package &#8211; 6th Edition, Chapter 5, page 144<br\/>Technical factsheet Anti-money laundering (AML) training: frequently asked questions, page 1<\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(19,this)' id='btn-19' value='See Answer'  \/><input type='hidden' id='questionType19' value='radio' class=''><\/div><div class='watu-question' id='question-20'><div class='question-content'><p><strong>NO.183<\/strong> An auction house dealing in fine art and antiques sells a well-known painting at a price of $12 million to an agent bidding for a group of local investors. The same painting sold ten years prior at auction for $5 million. The auction house receives payment for the painting via wire transfer from an account maintained in an offshore jurisdiction by the investor group. No beneficial ownership information is available for the account.<br \/>What are the two money laundering red flags? (Choose two.)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='21424' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82815' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21424[]' id='answer-id-82815' class='answer answer-20 js-answer-label answerof-21424' value='82815' \/>&nbsp;<label for='answer-id-82815' id='answer-label-82815' class='js-answer-label answer label-20'><span class='answer'>The payment is received via wire transfer.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82816' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21424[]' id='answer-id-82816' class='answer answer-20 js-answer-label answerof-21424' value='82816' \/>&nbsp;<label for='answer-id-82816' id='answer-label-82816' class='js-answer-label answer label-20'><span class='answer'>An agent bids on the painting for a group of investors.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82817' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21424[]' id='answer-id-82817' class='answer answer-20 js-answer-label answerof-21424' value='82817' \/>&nbsp;<label for='answer-id-82817' id='answer-label-82817' class='js-answer-label answer label-20'><span class='answer'>The painting has more than doubled its value in ten years.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82818' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21424[]' id='answer-id-82818' class='answer answer-20 php-answer-label answerof-21424' value='82818' \/>&nbsp;<label for='answer-id-82818' id='answer-label-82818' class='php-answer-label answer label-20'><span class='answer'>Payment is received from an account in an offshore jurisdiction.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='82819' \/><div class='watu-question-choice'><input type='checkbox' name='answer-21424[]' id='answer-id-82819' class='answer answer-20 php-answer-label answerof-21424' value='82819' \/>&nbsp;<label for='answer-id-82819' id='answer-label-82819' class='php-answer-label answer label-20'><span class='answer'>Lack of beneficial ownership details for the originating account.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(20,this)' id='btn-20' value='See Answer'  \/><input type='hidden' id='questionType20' value='checkbox' class=''><\/div><div style='display:none' id='question-21'><br \/><div class='question-content'><img decoding=\"async\" src=\"https:\/\/blog.trainingdump.com\/wp-content\/plugins\/watu\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading ...\" title=\"Loading ...\" \/>&nbsp;Loading 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exam_id;\nWatu.qArr = question_ids.split(',');\nWatu.post_id = 4171;\nWatu.singlePage = '1';\nWatu.hAppID = \"0.69468900 1787743193\";\nwatuURL = \"https:\/\/blog.trainingdump.com\/wp-admin\/admin-ajax.php\";\nWatu.noAlertUnanswered = 0;\n});\n\nfunction showanswer1(e,q) {\n\tvar check = new Array();\n\tjQuery('.answer-' + e).each(function (i) {\n\t\tcheck.push(this.checked)\n\t})\n\tlet textval = jQuery('.watu-textarea-' + e).val()\n\tif (jQuery.inArray(true, check) >= 0 || textval !== '' && textval !== undefined) {\n\t\tjQuery(q).stop().fadeOut(300)\n\t\tjQuery('.php-answer-label.label-' + e).addClass(\n\t\t\t'correct-answer'\n\t\t)\n\t\tjQuery('.answer-' + e).each(function (i) {\n\t\t\tif (this.checked && this.className.match(\/js\\-answer\/)) {\n\t\t\t\tvar number = this.id.toString().replace(\/\\D\/g, '')\n\t\t\t\tif (number) {\n\t\t\t\t\tjQuery('#answer-label-' + number).addClass('user-answer')\n\t\t\t\t}\n\t\t\t}\n\t\t})\n\t\tjQuery(q).siblings('.show-question-feedback').stop().fadeIn(300)\n\t\ttextval = ''\n\t} else if (textval == '' || textval == undefined){\n\t\t\/\/jQuery(\".hint\").stop().fadeIn(300)\n\t\talert('Please first answer the question');\n\t}\n}\nvar btnisshow = jQuery(\".php-answer-label\").length\nif (btnisshow > 0) {\n\tjQuery('.showchecked').show()\n} else {\n\tjQuery('.showchecked').hide()\n}\n<\/script>\n<p>The CAMS exam is administered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), which is a global professional organization dedicated to advancing the AML profession through education, certification, and networking. ACAMS is recognized as the leading provider of AML training and certification, and its members include AML professionals from a wide range of industries, including banking, finance, law enforcement, and government.<\/p>\n<p><\/p>\n<p>ACAMS CAMS (Certified Anti-Money Laundering Specialists) exam is a certification exam that is designed to test the knowledge and skills of individuals involved in anti-money laundering (AML) compliance. CAMS exam covers a broad range of topics related to AML, including the legal and regulatory framework, risk assessment, customer due diligence, transaction monitoring, and reporting. It is a rigorous and challenging exam, and passing it demonstrates a high level of expertise in the field of AML.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>100% Guarantee Download CAMS Exam Dumps PDF Q&amp;A: <a href=\"https:\/\/www.trainingdump.com\/ACAMS\/CAMS-practice-exam-dumps.html\" target=\"_blank\">https:\/\/www.trainingdump.com\/ACAMS\/CAMS-practice-exam-dumps.html<\/a><\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Try CAMS Exam Valid Dumps with Instant Download Free Updates CAMS Dumps First Attempt Guaranteed Success The CAMS exam is administered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), which is a global professional organization dedicated to advancing the AML profession through education, certification, and networking. ACAMS is recognized as the leading provider of AML training and certification, and its members include AML professionals from a wide range of industries, including banking, finance, law enforcement, and government. ACAMS CAMS (Certified Anti-Money Laundering Specialists) exam is a certification exam that is designed to test the knowledge and skills of individuals involved in anti-money laundering (AML) compliance. CAMS exam covers a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[1],"tags":[7389,7386,7387,7388,7385],"class_list":["post-4171","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-cams-free-practice-test-exam","tag-cams-free-study-material","tag-cams-latest-real-exam-questions","tag-cams-new-braindumps-free","tag-cams-reliable-source"],"_links":{"self":[{"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/posts\/4171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/comments?post=4171"}],"version-history":[{"count":1,"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/posts\/4171\/revisions"}],"predecessor-version":[{"id":4299,"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/posts\/4171\/revisions\/4299"}],"wp:attachment":[{"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/media?parent=4171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/categories?post=4171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.trainingdump.com\/ja\/wp-json\/wp\/v2\/tags?post=4171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}