Certified Anti-Money Laundering Specialist (the 6th edition): CAMS

What is the goal of the Egmont Group in providing a forum for Financial Intelligence Units (FIUs) around the world?

A. To improve international laws to combat money laundering and the financing of terrorism and foster the implementation of domestic programs.

B. To provide a forum for FIUs to improve cooperation in the fight against money laundering and the financing of terrorism and to foster the implementation of domestic programs in this field.

C. To improve communication with law enforcement in the fight against money laundering and the financing of terrorism and to foster the implementation of domestic programs in this field.

D. To improve cooperation with state and federal governments in the fight against money laundering and the financing of terrorism and to foster the implementation of domestic programs in this field.

Which trading pattern may be indicative of money laundering in capital markets?

A. Free of payment asset transfer

B. Remittance of a round dollar amount

C. Trading on an account

D. Transacting with multiple counterparties

Which is an objective of the Financial Action Task Force (FATF)-Style Regional Bodies (FSRBs)?

A. To issue their own recommendations, considering local typologies, ignoring the FATF 40 recommendations

B. To work in parallel with FATF by operating on the basis of (mutual, joint, or common) recognition of their work

C. To enforce implementation of the FATF recommendations amongst its member countries

D. To work independently from FATF and to be closely involved in improving law enforcement outcomes in their regions