What are two sources for maintaining up-to-date sanctions information? (Choose two.)
Answer(s): B,D
https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_lists.aspx#search
A bank has maintained an account for a European charity for several years. The charity provides clothing to persons in need in various countries with active terrorists’ cells.Which action by the charity indicates possible terrorist financing?
Answer(s): A
A politically exposed person (PEP) maintains an account at a bank. Last month a money laundering analyst filed a suspicious transaction report about unusual wire deposits originated by unknown individuals in the home country of the official. Recently a negative news search revealed political corruption in the home country of the official.To whom should this situation be escalated?
Answer(s): C
Which two individuals are ordinarily beneficial owners of a private banking account according to the Wolfsberg Anti-Money Laundering Principles for Private Banking? (Choose two.)
Answer(s): C,D
https://www.wolfsberg-principles.com/sites/default/files/wb/pdfs/wolfsberg-standards/10.%20Wolfsberg-Private-Banking-Prinicples-May-2012.pdf (2)
What are two requirements for monitoring and reporting suspicious activity for correspondent banking according to the Wolfsberg Principles? (Choose two.)
Answer(s): B,C
When should the anti-money laundering risk assessment be updated?
Answer(s): B
https://www.wolfsberg-principles.com/sites/default/files/wb/pdfs/faqs/17.%20Wolfsberg-Risk-Assessment-FAQs-2015.pdf (10)
A customer brings $15, 000 worth of chips into a casino and plays various games. The customer redeems all the remaining chips and requests a wire transfer of the proceeds to an unrelated third party.What are two red flags that indicate money laundering? (Choose two.)
Answer(s): A,D
A United States (U.S.) bank was recently alerted by law enforcement of an increase in sale of large denomination U.S. bank notes to casas de cambio. They suspect that a Mexican syndicate is operating a money laundering scheme in the bank’s jurisdiction.Which two steps should be taken to trace funds through the bank to assist law enforcement in their investigation? (Choose two.)
Share your comments for ACAMS CAMS7 exam with other users:
good questions
good one nice revision
i love this thank you i need
question # 142: data governance is not one of the deliverables in the document and content management context diagram.
most answers not correct here
what % of questions do we get in the real exam?
i just want to tell you. i took my microsoft az-104 exam and passed it. your program was awesome. i especially liked your detailed questions and answers and practice tests that made me well-prepared for the exam. thanks to this website!!!
all the best
very usefull document
nice and helpful questions
i found the questions helpful
q 105 . ans is d
i have interest to get a sybase iq dba certification
want to pass exm.
are the answers correct?
good morning, could you please upload this exam again, i need it to test my knowledge in sd-wan with version 7.0.
very nice question
i have learning disability and this exam dumps allowed me to focus on the actual questions and not worry about notes and the those other study materials.
165 should be apt
please upload the dumps, real need of them
any recent feeedback?
question number 2 is indicating you are giving proper questions. observe and change properly.
passed today.40% questions were new.litwere case study,lots of new questions on afd,ratelimit,tm,lb,app gatway.got 2 set series of questions which are not present here.questions on azure cyclecloud, no.of vnet/vms required for implimentation,blueprints assignment/management group etc
practice test
want the dumps for emc content management server programming(cmsp)
brilliant and helpful
q75. azure files is pass
very helpful
thank you for these questions. it helped a lot.
how do i get the h12-724 dumps
nice data dumps
answers are correct
good explanation
hi team just want to know if there is any update version of the exam 350-401