CAMS Exam Question 181
A financial institution has expanded its scope of services so that it is attracting the business of politically exposed persons (PEPs) who had previously never been part of the customer base.
Which two courses of action should the compliance officer include in the institution's procedures for considering PEPs as customers? (Choose two.)
Which two courses of action should the compliance officer include in the institution's procedures for considering PEPs as customers? (Choose two.)
CAMS Exam Question 182
Which example describes the vulnerability of the securities sector for money laundering?
CAMS Exam Question 183
You need to meet the testing requirements for the data scientists.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
CAMS Exam Question 184
An anti-money laundering consultant audits a bank's current anti-money laundering policies, procedures and controls. The bank serves high-income, high net-worth clients who include non-residents and offshore businesses. During a review of the customers list, the anti-money laundering consultant determines that he and the bank have mutual clients. The bank's written anti-money laundering program includes a process for the bank to establish the identity of the person with whom they conduct business, but does not address monitoring of customer account activity.
The consultant should recommend the bank:
The consultant should recommend the bank:
CAMS Exam Question 185
Which precaution will a money launderer take to avoid detection when sending electronic transfers?