CAMS Acams Association Of Certified Anti Money Launderying Exam - Recommendations
We are really thankful to you for reading Dumps4IT CAMS Exam dumps. Buy Full File here: https://www.dumps4it.com/cams-dumps.html (137 As Dumps)Download that Dumps4IT CAMS braindumps from Google Drive: https://drive.google.com/file/d/172dvT2-KFIdCTNRSLEuTYvkJSWnltyb8/view (FREE VERSION!!!)
Question No. 1
An audit completed the previous week revealed that a private banking customer submitted incomplete documents when establishing an account earlier m the year. The customer received weekly electronic fund transfers from a narcotic-producing jurisdiction. While the relationship manager who opened the account is on leave for 5 weeks, the customer requests that the institution remit a substantial sum to a country that represents a high risk of money laundering. The relationship manager is a friend of the anti-money laundering specialist. What should the anti-money laundering officer do first?
Question No. 2
A customer comes into a financial institution and deposits a large amount of cash. He has never done that before. When asked about the deposit, he indicates he recently sold a used car and received cash.
He does not trust forms of payment and is wary of counterfeit money orders. What should the bank do?
Question No. 3
To guard against acquisition or control of a financial institution by money launderers or their associates, what should supervisory agencies require?