Wednesday, July 1, 2020

Certified Anti-Money Laundering Specialist CAMS Study Guide

ACAMS CAMS exam is often regarded as some of the most challenging certification test you will face today. This increases the importance for you to use good quality updated Certified Anti-Money Laundering Specialist CAMS Study Guide as they will provide you with a measure of how you will do in the actual CAMS exam. Passcert CAMS exam products prepare you for ACAMS certification final exam. It prepares you for the kind of questions that you could expect with your final try. The Passcert Certified Anti-Money Laundering Specialist CAMS Study Guide frame the questions and sets the paper the way you can expect in the real certification exam.

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ACAMS CAMS certificate can help you a lot. It can help you improve your job and living standard, and having it can give you a great sum of wealth. ACAMS certification CAMS exam is a test of the level of knowledge of IT professionals. Passcert has developed the best and the most accurate Certified Anti-Money Laundering Specialist CAMS Study Guide about ACAMS certification CAMS exam. Now Passcert can provide you the most comprehensive Certified Anti-Money Laundering Specialist CAMS Study Guide about ACAMS CAMS exam, including exam practice questions and answers.

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To pursue a higher position in IT field, one ought to arm himself with the CAMS certification since it has been a necessity entering famous IT tycoons.If you really want to achieve something big in IT world, try to get the CAMS certifications. Passcert is acceptable to offer you the latest and best Certified Anti-Money Laundering Specialist CAMS Study Guide.
Share some CAMS Certification CAMS exam questions and answers below.
What is most valuable when using the internet as an investigative source? 
A. A team of AML investigators 
B. A reference list of websites known to yield credible information 
C. A combination of independent thinking and technical skills 
D. A powerful search engine 
Answer: B

According to experts, what is the most effective way to prevent money laundering through financial institutions? 
A. Ensuring that transaction monitoring systems can identify terrorist financing 
B. Collecting information on beneficial owners and foreign customers 
C. Instituting a policy prohibiting the acceptance of funds intended for terrorist financing 
D. Implementing a sound customer due diligence program 
Answer: D

What is a criterion for FATF membership? 
A. The country should be democracy 
B. The country should be a member of a FATF-style regional body 
C. The country should have already implemented all of the FATF Recommendations 
D. The country should have already implemented the standards of the European Union Directives 
Answer: B

Which two aspects of the security broker dealer industry increase its exposure to money laundering? Choose 2 answers 
A. The routine use of wire transfers from, to or through multiple jurisdictions 
B. They easy conversion of holdings to cash with significant loss of principal 
C. Disposing of cash through securities purchases 
D. Fast paced transactions conducted electronically 
Answer: C, D

To ensure that an institution¡¯s anti-money laundering program is current, which step should be taken? 
A. The program should be evaluated and updated at least every six months be the Board of 
Directors 
B. The program should be reviews by a federal law enforcement officer for gaps in controls 
C. The program should be sent to the institution¡¯s government regulator on a periodic basis 
D. The program should be reassessed at least annually 
Answer: D


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