ACAMS CAMS Übungsprüfungen
Zuletzt aktualisiert am 07.09.2025- Prüfungscode: CAMS
- Prüfungsname: Certified Anti-Money Laundering Specialist
- Zertifizierungsanbieter: ACAMS
- Zuletzt aktualisiert am: 07.09.2025
The Wolfsberg Anti-Money Laundering Principles for Private Banking require new clients to be approved by whom?
- A . The board of directors
- B . Only the private banker
- C . The private banker’s supervisor
- D . At least one person other than the private banker
Which activities conducted by a lawyer could be a red flag for money laundering? (Select Two.)
- A . The lawyer does not have experience in providing the particular services requested.
- B . The lawyer worked unusual hours to perform case duties.
- C . The lawyer was paid substantially higher than usual fees.
- D . The lawyer does not document case notes for the services provided.
- E . The lawyer spent two days working a case.
Since its last regulatory examination, a financial institution has aggressively grown by adding profitable new products and services. The institution has not historically received regulatory criticism regarding its anti-money laundering compliance program. However, a recent regulatory examination cited significant deficiencies in the anti-money laundering program that were attributed primarily to the lack of oversight by the institution’s leadership in implementing adequate controls over the new products and services.
Which area of international control should leadership first address to correct the weaknesses in the program?
- A . Anti-money laundering training
- B . Anti-money laundering policy
- C . Money laundering risk assessment
- D . Anti-money laundering compliance staff
An anti-money laundering specialist has been asked to create internal anti-money laundering policies, procedures and controls for a recently chartered offshore financial institution.
Which three should be included? Choose 3 answers
- A . Basel Committee on Banking Supervision’s capital adequacy requirements for the host country
- B . A training program for senior management and staff
- C . An anti-money laundering compliance program, internal audit program, and procedure manual
- D . Compliance requirement of host and charting countries
Which of the following are money laundering red flags when reviewing business operations of a money services business (MSB)? (Select Two.)
- A . A customer exchanging foreign currency from a higher-risk jurisdiction for domestic currency under the reporting threshold.
- B . Cash-intensive businesses, such as convenience stores or restaurants, making large cash deposits.
- C . A customer completing frequent small-dollar international money transfers to their native country.
- D . A customer being hesitant to provide beneficiary name or address information when sending international wire transfers.
- E . A customer using multiple accounts under different names to conduct transactions.
According to the Financial Action Task Force 40 Recommendations, Designated Non-Financial Businesses and Professionals include which entities?
- A . Commodities traders
- B . Money services businesses
- C . Hawala operators
- D . Real estate agents
How can a financial institution verify the nature and purpose of a business and its legitimacy?
- A . By reviewing a copy of the corporation’s latest audited reports and accounts
- B . By undertaking a company search or other commercial inquires to see that the institution has not been, or is not in the process of being dissolved of terminated
- C . By reviewing the company’s website
- D . By using an independent information verification process, such as by accessing public and private databases
In relationship to life insurance business, the third European Directive states that Member States may allow the identity verification of the beneficiary under the policy after the business relationship has been established, but before which events?
- A . At or before a premium payment has been accepted for the policy purchased
- B . At or before the policy is issued to the beneficiary by the insurance company
- C . At or before the time of payout or before the beneficiary intends to exercise rights vested under the policy
- D . At or before 30 days of the relationship being established under the policy
A long-term client of an insurance company makes changes to a policy that require payment of an additional lump sum. The amount payable is high, though within the client’s means based on the KYC information collected. The payment is made via a company in another jurisdiction that is known to have lax AML controls.
Which indicator of suspicious activity is present?
- A . The payment was made via a company that appears to be owned and controlled by the client being insured.
- B . The payment was made via a company in a jurisdiction known to have lax AML controls.
- C . A long-term client wants a change to a policy that is already in force.
- D . The additional premium payable appears to be within the client’s means based on the KYC information collected.
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.)
- A . Conduct enhanced ongoing monitoring of the business relationship
- B . Expedite due diligence when a PEP is pre-approved by a member of senior management
- C . Obtain appropriate senior management approval for establishing a business relationship with a PEP from a high risk country
- D . Take adequate measures to establish the source of wealth and source of funds which are involved in the business relationship or occasional transaction