ACAMS Final Actual Exam Version 1 Newest With
Complete Questions And Correct Detailed Answers|
Brand New Version! 2026/2027 Edition
A. Bust-out schemes are popular in creating large
bankruptcy frauds where businesses secure increasing
loans in excess of the actual value of the company or
property and then run with the money, leaving the lender
to foreclose and take a substantial loss.
B. Cuckoo smur ng is a signi cant money laundering
technique identi ed by the Financial Action Task Force,
where a form of structuring uses nested accounts with
shell banks in secrecy havens.
,C. In its 40 Recommendations, the FATF issued a list of
"designated categories of offense" that asserts crimes for
a money laundering prosecution.
D. E-cash is not attractive to the money launderer
because it cannot be completely anonymous and does not
allow for large amounts to be "transported" quickly and
easily.
BCD – ANSWER
Which three of the following is an indication of possible
money laundering in an insurance industry scenario?
A. Insurance products sold through intermediaries, agents
or brokers.
,B. Single-premium insurance bonds, redeemed at a
discount.
C. Policyholders who are unconcerned about penalties for
early cancellation.
D. Policyholders who make full use of the "free look"
period.
AC – ANSWERW
hich two activities are typically associated with the black
market peso exchange (BMPE) money laundering
system?
A. Converting illicit drug proceeds from dollars or Euros to
Colombian pesos.
, B. Converting illicit drug proceeds from Colombian pesos
to dollars or Euros.
C. Facilitating purchases by Colombian importers of goods
manufactured in the United States or Europe through peso
brokers.
D. Facilitating purchases by European or U.S. importers of
goods manufactured in Colombia through peso brokers.
D – ANSWER
What is the Right of Reciprocity in the eld of international
cooperation against money laundering?
A. The legal principle that nancial institutions that have
referred customers to other nancial institutions can share
Complete Questions And Correct Detailed Answers|
Brand New Version! 2026/2027 Edition
A. Bust-out schemes are popular in creating large
bankruptcy frauds where businesses secure increasing
loans in excess of the actual value of the company or
property and then run with the money, leaving the lender
to foreclose and take a substantial loss.
B. Cuckoo smur ng is a signi cant money laundering
technique identi ed by the Financial Action Task Force,
where a form of structuring uses nested accounts with
shell banks in secrecy havens.
,C. In its 40 Recommendations, the FATF issued a list of
"designated categories of offense" that asserts crimes for
a money laundering prosecution.
D. E-cash is not attractive to the money launderer
because it cannot be completely anonymous and does not
allow for large amounts to be "transported" quickly and
easily.
BCD – ANSWER
Which three of the following is an indication of possible
money laundering in an insurance industry scenario?
A. Insurance products sold through intermediaries, agents
or brokers.
,B. Single-premium insurance bonds, redeemed at a
discount.
C. Policyholders who are unconcerned about penalties for
early cancellation.
D. Policyholders who make full use of the "free look"
period.
AC – ANSWERW
hich two activities are typically associated with the black
market peso exchange (BMPE) money laundering
system?
A. Converting illicit drug proceeds from dollars or Euros to
Colombian pesos.
, B. Converting illicit drug proceeds from Colombian pesos
to dollars or Euros.
C. Facilitating purchases by Colombian importers of goods
manufactured in the United States or Europe through peso
brokers.
D. Facilitating purchases by European or U.S. importers of
goods manufactured in Colombia through peso brokers.
D – ANSWER
What is the Right of Reciprocity in the eld of international
cooperation against money laundering?
A. The legal principle that nancial institutions that have
referred customers to other nancial institutions can share
