ACAMS CAMS Practice Test - Questions Answers, Page 37

Which type of sanctions are most likely to be used in order to avoid escalating violent conflicts and/or proliferation of weapons?

Which safeguard is in place for Financial Intelligence Units (FIUs) to share information securely according to Egmont?

An individual opens an e-account in an off-shore gambling website using non-documentary verification and creates an e-wallet on a mobile device. In order to add funds to the account, the individual uses a credit card, wire transfers, cryptocurrency, and a money service business. Which source of money represents more risk of money laundering?

Which scenario should be escalated as potentially suspicious activity?

A potential client calls a broker-dealer wishing to purchase securities. The client does not appear to be concerned with any fees associated with the account or price of the securities. Further information provided by the potential client indicates the individual may have relatives working for a company in which the potential client wants to invest. Which type of activity is the potential client attempting to commit?

What correspondent banking risk factor increases the risk for a Correspondent Bank?

When performing an investigation, which key steps should be taken to maintain and secure supporting documentation used to perform an investigation of a suspicious activity?

A Trust and Company Service Provider (TCSP) providing services should have policies and procedures in place to identify critical information of the:

Which actions are involved when a prosecutor instructs a bank to freeze the assets and bank accounts held by one of its clients? (Choose three.)