ACAMS CAMS Übungsprüfungen
Zuletzt aktualisiert am 11.05.2025- Prüfungscode: CAMS
- Prüfungsname: Certified Anti-Money Laundering Specialist
- Zertifizierungsanbieter: ACAMS
- Zuletzt aktualisiert am: 11.05.2025
One area of responsibility for the Board of Directors when implementing a successful AML program is to:
- A . ensure the appointment of a qualified chief AML officer.
- B . create a culture of compliance based on the profit expectation.
- C . manage the day-to-day processes of the compliance program.
- D . hire a third-party firm to be responsible for the AML compliance.
What must be materially true regarding transactions for United States (U.S.) sanctions laws to have jurisdiction?
- A . Transactions are traced to illegal proceeds
- B . Transactions are processed by a U.S. person
- C . Transactions are stripped of beneficial owner information
- D . Transactions are identified as proceeds of foreign corruption
Which of the following is a core function of a Financial Intelligence Unit (FIU) as described in FATF Recommendation 29?
- A . Serving as a national center for the collection and analysis of suspicious activity.
- B . Prosecuting significant cases of money laundering or terrorist financing under national jurisdiction.
- C . Sponsoring the research and development of advanced technological surveillance tools for AML investigations.
- D . Sharing real-time criminal intelligence gathered from national law enforcement agencies with the
private sector.
What action should a bank CEO’s assistant take when the bank CEO expenses large sums of money to a charitable organization run by the bank CEO’s direct family member?
- A . Report the actions to the Executive Board of the bank.
- B . Meet with the bank CEO to learn why the donations are being made.
- C . Investigate the charitable organization’s relationship with the bank CEO.
- D . Submit the concern anonymously to the bank’s internal Compliance Hotline.
In accordance with Financial Action Task Force (FATF) standards, when the minimum AML requirements of the host country where a financial institution (Fl) operates are less strict than those of the Fl’s home country, the Fl:
- A . should always apply additional measures on their branches and majority-owned subsidiaries in host countries to manage the money laundering and terrorist financing risk overseas.
- B . is required to ensure that their branches and majority-owned subsidiaries in host countries implement the requirements of the home country, to the extent that host country laws and regulations permit.
- C . is required to impose more strict requirements on host country branches, disregarding if host country laws and regulation permit such action.
- D . should close down its operations in the host countries where minimum AML requirements are less strict than those of the home country.
Which scenario is closest to the definition of money laundering the United Nations Convention against Transnational Organized Crime and Other Protocols provided?
- A . Filing a suspicious transaction report when you know or suspect money laundering is taking place
- B . Knowingly financing a resort development with the proceeds of arms trafficking
- C . Assisting a client in a property conveyance by effecting the transfer of ownership from the seller to the purchaser when you don’t know the purchaser
- D . Discussing your suspicions with a client, thus giving the client the opportunity to switch service providers and to cover his tracks in future transactions
What are two legal risks of having inadequate privacy policies and procedures? (Choose two.)
- A . Diminished reputation
- B . Industry of regulatory sanctions
- C . Charges of deceptive business practices
- D . Higher marketing and public relations costs
At a small community bank, the compliance officer identifies unusual activity on a customer, who with his personal and company accounts, is the bank’s largest depositor. The customer’s companies have significant balances on their outstanding loans. The compliance officer notices that there is a lot of unusual movements of money between the customer’s individual and business accounts. After filing a suspicious transaction report (STR), the compliance officer gets a call from law enforcement indicating that they want the bank to keep the account open while they conduct an investigation into the customer.
How should the compliance officer escalate this information to the board of directors?
- A . By providing a copy of the STR to the board
- B . By informing the regulator to bring it up with their next meeting with the board
- C . By providing a high level summary of the activity and the interactions with law enforcement
- D . By providing a copy of the letter from law enforcement asking the bank to keep the account open.
An international bank is investigating a payment requested by one of its correspondent relationships that generated an alert in the automated transaction monitoring system.
The payment originated from a corporation located in Hong Kong, and the final beneficiary is an individual in New York.
Which steps should the bank take first to address the alert? (Select Three.)
- A . Call the receiving individual to review identity verification documents.
- B . Confirm that neither the beneficiary nor the originator are sanctioned parties.
- C . Request supporting documents, including invoices and contracts, to confirm the purpose of the payment.
- D . Check for negative news in public sources on the sender and receiver.
- E . Send a 314(b) request to the corporation’s bank in Hong Kong.
Which two channels can be utilized during a cross-border money laundering investigation to assist in gathering information according to Financial Action Task Force? (Choose two.)
- A . Contacting existing liaison officers in the foreign jurisdiction
- B . Exchanging information between national law enforcement agencies
- C . Contacting the potential suspect or their family members to request information
- D . Submitting only formal requests for information to a financial intelligence unit