Online Access Free ACAMS.CAMS.v2026-10-08.q94 Practice Test (Page 8)

CAMS Exam Question 31

Which of the following are best practices to raise awareness and train staff regarding the risks related to financial crime? (Select Three.)

A.Tailor training and offer regular training to all employees

B.Train outside of daily operations and promote awareness of Compliance

C.Train core AML topics once per year, at a minimum, to relevant employees

D.Use a variety of training methods and provide necessary resources to employees

E.Communicate regularly and measure effectiveness of training

CAMS Exam Question 32

Section 319(a) of the USA PATRIOT Act:

A.Allows the appropriate federal banking agency to require a financial organization to produce, within
120 hours, records or information related to the organization's AML compliance or related to a customer of the organization or any account opened, maintained, administered, or managed in the U.S.
by the financial organization.

B.Permits the U.S. Government to seize funds from a correspondent bank account in the U.S. that has been opened and maintained for a foreign bank in the same amount as has been deposited with the foreign bank.

C.Requires due diligence, and in certain situations enhanced due diligence (EDD), for foreign correspondent accounts, which includes virtually all account relationships that organizations can have with a foreign financial organization and private banking for non-citizens of the U.S.

D.Provides the U.S. Department of Treasury with the authority to apply graduated, proportionate measures against a foreign jurisdiction, foreign financial organization, type of international transaction, or type of account.

CAMS Exam Question 33

When a financial institution (FI) is considering providing traditional banking services to a virtual asset service provider (VASP), consideration should be given to whether the FI: (Select Two.)

A.has a general understanding of virtual assets.

B.consistently reviews transactions between fiat and virtual currencies.

C.implements enhanced KYC measures.

D.owns virtual currencies itself.

CAMS Exam Question 34

Which of the following presents the highest money laundering risk from a money services business (MSB)?

A.Some MSBs provide bureau de change services to retail customers after they complete a due diligence process.

B.Some MSBs process large, individual cash transactions on behalf of customers.

C.Some MSBs allow regular and frequent transactions to the same family members based in another country

D.Some MSBs process small remittance payments on behalf of workers based abroad sending money home.

CAMS Exam Question 35

A large international bank's chief compliance officer (CCO) is exploring ways to enhance the bank's ability to identify suspicious activities by using intelligence data more effectively. One potential solution is to engage in public-private partnerships (PPPs) to leverage shared intelligence and enhance collaboration with government agencies.
The bank considers joining a PPP initiative with the local Financial Intelligence Unit (FIU) and other financial institutions to improve its access to relevant data and intelligence. The CCO understands that while PPPs can provide significant benefits, such as improved risk detection and enhanced information sharing, there are also potential limitations, including data privacy concerns and differing priorities between public and private sector partners.
Which approach would best maximize the benefits of PPPs for the bank while mitigating the limitations associated with data sharing and intelligence?

A.Engage in the PPP without strict data sharing protocols, allowing for open and unrestricted flow of information between the bank, FIUs, and other financial institutions

B.Rely solely on the intelligence provided by government agencies through the PPP because they have the most comprehensive data on suspicious activities

C.Establish a clear framework within the PPP that outlines data privacy protections and ensures that information sharing complies with legal and regulatory requirements in all jurisdictions involved

D.Prioritize the bank's internal data sources over external intelligence from PPPs, as internal data is easier to control and does not present data privacy challenges

Other Version: 1426ACAMS.CAMS.v2026-04-29.q92; 1481ACAMS.CAMS.v2026-01-25.q95; 3774ACAMS.CAMS.v2025-11-23.q350; 2715ACAMS.CAMS.v2025-11-05.q360; 4893ACAMS.CAMS.v2024-06-28.q652; 6418ACAMS.CAMS.v2022-03-23.q332; 112ACAMS.Pdfbraindumps.CAMS.v2022-02-15.by.betty.332q.pdf; 5833ACAMS.CAMS.v2021-12-17.q305; 60ACAMS.Preppdf.CAMS.v2021-08-10.by.zoe.315q.pdf

Latest Upload: 106Salesforce.Sales-Con-201.v2026-10-08.q104; 112ACAMS.CAMS.v2026-10-08.q94; 138CheckPoint.156-315.82.v2026-10-07.q59; 138Microsoft.MB-820.v2026-10-07.q79; 207CompTIA.SK0-005.v2026-10-07.q338; 156Fortinet.NSE7_SSE_AR-26.v2026-10-05.q26; 219IIA.IIA-CIA-Part1-CN.v2026-10-05.q321; 331ISC.CISSP-CN.v2026-10-05.q802; 158HP.HPE0-J81.v2026-10-05.q24; 273Cisco.350-801.v2026-10-05.q313

CAMS Exam Question 31

CAMS Exam Question 32

CAMS Exam Question 33

CAMS Exam Question 34

CAMS Exam Question 35

Download PDF File