ACAMS CAMS Übungsprüfungen
Zuletzt aktualisiert am 09.05.2025- Prüfungscode: CAMS
- Prüfungsname: Certified Anti-Money Laundering Specialist
- Zertifizierungsanbieter: ACAMS
- Zuletzt aktualisiert am: 09.05.2025
What should a bank do if it suspects one of its employees may be involved in mortgage loan fraud?
- A . File a suspicious activity report on the employee’s activities if management thinks it is suspicious.
- B . Conduct an investigation by gathering and analyzing information on the employee.
- C . Automatically file a police report about the employee’s potential misconduct.
- D . Initiate civil litigation against the employee to recover damages for losses incurred.
What are the three basic functions of a national financial intelligence unit?
- A . Compile, assess, monitor
- B . Train, share, collect
- C . Investigate, report, record
- D . Receive, analysis, disseminate
A compliance officer at a financial institution (FI) received an investigation request for a customer from a local law enforcement agency.
Which action should be taken by the FI?
- A . Obtain approval from the Financial Intelligence Unit (FIU) before submitting the customer’s information.
- B . Omit some responses to meet the regulatory deadline.
- C . Assign employees responsible for the customer to the investigation team.
- D . Consider retaining qualified, experienced legal counsel.
A financial institution opens a mortgage loan for a customer. During a subsequent internal review of the loan, it was noted that the appraisal used to support the loan was performed by an appraiser who was not on the institution’s approved appraiser list. This exception was approved by the senior loan underwriter. The reviewer, who had examined other loans from the same general area, noted that the value on the loan appeared significantly higher than on other comparable properties.
Which of the following should the anti-money laundering specialist recommend next?
- A . Determine whether the loan underwriter reviewed the appraiser’s license for validity.
- B . Alert local law enforcement regarding a potential collusive relationship between the un-derwriter and appraiser.
- C . Document the underwriter’s actions prior to filing a suspicious transaction report.
- D . Train the appraiser on anti-money laundering compliance for high-end real estate loans.
A bank compliance officer discovers cash deposit activity inconsistent with the expected and historical cash activity within the personal accounts of the chairman of the board. The cash activity appears structured to avoid the local legal filing requirements for large cash transactions, and a suspicious transaction report (STR) was filed.
How should the compliance officer report the filing of the STR to the board of directors without revealing the existence of the filing to the subject?
- A . Inform the legal counsel of the bank
- B . Follow the financial institution’s established STR reporting policy
- C . Notify the financial institution’s regulator to disclose the activity
- D . The compliance officer and the chief executive officer should jointly interview the chairman
A benefit of using bearer shares in corporate formations is that bearer shares are:
- A . widely accepted in the financial world.
- B . entered in the register of owners.
- C . associated with lower costs in setting up a company.
- D . easily transferred so the holder claims ownership.
Which activity would require an update to the first line training program?
- A . The implementation of a new system that provides information for monitoring customer accounts.
- B . The expansion to customer segments that will utilize newly established products.
- C . The maintenance of regulatory requirements for onboarding documentation collections of a customer base.
- D . The onboarding of a new customer type which was previously reviewed and risk rated.
An EU Trust and Company Service Provider (TCSP) analyst notices some unusual activity while looking through a customer’s financial statements and detailed general ledger. The customer is in the business of importing and exporting machineries.
Which transaction indicator warrants further escalation to the compliance officer?
- A . Inter-company loans from the holding company to the subsidiary company to finance the shipment of machinery.
- B . The payment of virtual offices services overseas.
- C . The payment of consultancy fees to unrelated companies and service providers established in a foreign jurisdiction.
- D . The payment of company secretarial retainer fees to a foreign company in a tax efficient jurisdiction.
An EU Trust and Company Service Provider (TCSP) analyst notices some unusual activity while looking through a customer’s financial statements and detailed general ledger. The customer is in the business of importing and exporting machineries.
Which transaction indicator warrants further escalation to the compliance officer?
- A . Inter-company loans from the holding company to the subsidiary company to finance the shipment of machinery.
- B . The payment of virtual offices services overseas.
- C . The payment of consultancy fees to unrelated companies and service providers established in a foreign jurisdiction.
- D . The payment of company secretarial retainer fees to a foreign company in a tax efficient jurisdiction.
An auction house dealing in fine art and antiques sells a well-known painting at a price of $12 million to an agent bidding for a group of local investors. The same painting sold ten years prior at auction for $5 million. The auction house receives payment for the painting via wire transfer from an account maintained in an offshore jurisdiction by the investor group. No beneficial ownership information is available for the account.
What are the two money laundering red flags? (Choose two.)
- A . The payment is received via wire transfer.
- B . An agent bids on the painting for a group of investors.
- C . The painting has more than doubled its value in ten years.
- D . Payment is received from an account in an offshore jurisdiction.
- E . Lack of beneficial ownership details for the originating account.