ACAMS CAMS Practice Test - Questions Answers, Page 65

Which is often an indirect consequence of non-compliance with AML laws?

Which activity associated with new or developing technologies does the Financial Action Task Force recommend financial institutions pay special attention to?

When a financial institution is requested to provide data and information to a law enforcement agency for matters related to financing of terrorism, assistance:

A law enforcement agent is conducting an investigation into a possible money laundering event. During the investigation, the officer will use:

Which situation involving a vendor presents increased AML and/or sanctions risk to an organization?

Country A's anti-corruption authority has been investigating the movement of potential proceeds of bribery and corruption to Country B and is now preparing to take the case to a local court.

Which method of obtaining the required evidence to prosecute the case would be most effective?

Which red flags could indicate increased terror financing and money laundering risks related to cultural objects? (Select Three.)

A bank received a subpoena regarding one of its clients. The Financial Intelligence Unit (FIU) of the bank should review the subpoena and:

When under a regulator's consent order or similar action, who at an organization is ultimately accountable for the remediation of any violations of AML/CFT laws and regulations?