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CAMS Question and answers Include

Total Questions: 395 Q&A's
Single Choice: 219 Q&A's
Multiple Choice: 176 Q&A's

What CAMS Questions and Answers feature?

CAMS Valid and Updated Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) Q&A Dumps

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CAMS Questions and Answers

Question # 1

A Financial Intelligence Unit (FIU) serves as a national center for the receipt and analysis of suspicious activity reports (SARs) and can obtain additional information from other reporting entities relevant to:

A.

public administration.

B.

legal assessment.

C.

law enforcement.

D.

legal activity.

Question # 2

Which of the following is an important factor to consider when setting up an anti-financial crimes (AFC) compliance program governance structure?

A.

Ensuring the structure is reviewed by an outside auditor or consultant

B.

Establishing a system of internal controls commensurate with the institution’s size and complexity

C.

Designating a qualified board of directors to monitor day-to-day compliance

D.

Establishing clear roles and responsibilities for AFC risk escalations and issues

Question # 3

Which is a key goal of the EU's Directives on money laundering?

A.

Address control of payments in EU countries to reduce money laundering.

B.

Build a network of financial institutions that work together to prevent money laundering across the EU.

C.

Establish a consistent regulatory environment across the EU to prevent money laundering.

D.

Allow member states to discuss the draft legislation with the cooperation of the EU financial intelligence units.

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