CAMS Exam Question 206
What is the goal of the Egmont Group in providing a forum for Financial Intelligence Units (FIUs) around the world?
CAMS Exam Question 207
An anti-money laundering specialist has been asked to establish a compliance program to detect and prevent money laundering and terrorist financing. Which of the following should the anti-money laundering specialist consider in developing the program?
CAMS Exam Question 208
An automotive parts company in South America sends multiple $500,000 wire transfers per week to ABC Holdings Ltd. in Asia referencing payment for silk flower shipments. Research reveals Sunrise Holdings, Ltd is registered in the British Virgin Islands with no available ownership information.
What are two red flags that indicate how trade-based money laundering could be occurring in this instance?
(Choose two.)
What are two red flags that indicate how trade-based money laundering could be occurring in this instance?
(Choose two.)
CAMS Exam Question 209
What are the European Union Directives on Money Laundering?
CAMS Exam Question 210
A money transmitter's nation-wide agent network remits funds to a country in Africa on behalf of an immigrant community based in the United States. A terrorist group is known to operate openly in this African country. In reviewing transaction records, the compliance officer detects a pattern where two customers together visit the same agent each week and remit the same amount of funds. $2,500, to the same recipient in the country in Africa.
What should alert the compliance officer to possible money laundering or terrorist financing activity by the two customers?
What should alert the compliance officer to possible money laundering or terrorist financing activity by the two customers?
