ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
Based on the USA PATRIOT Act, what action might the US take to
demonstrate extraterritorial reach?
A. Send requests for information to a non-US based financial
institution (FI)
B. Hand over potential penalties from the US to another
government
C. Freeze U. S. accounts that contain funds from the non-US FI
D. Initiate a lawsuit in the home country of the non-US FI -
correct answer ✅Freeze U. S. accounts that contain funds from the
non-US FI
How should a compliance officer respond to law enforcement
agencies' request for information on a customer undergoing an
investigation?
A. Collaborate with the financial institution's (FI's) designated
department to determine the appropriate course of action to
comply with the request.
B. Gather all requested documentation and send via secure email to
the requesting authority.
C. Share details of the investigation with respective colleagues who
deal with this customer type on a daily basis.
,ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
D. Freeze account assets and advise the customer that assets will
not be released until the investigation has been completed. -
correct answer ✅Collaborate with the financial institution's (FI's)
designated department to determine the appropriate course of
action to comply with the request.
Which factor should a financial institution (FI) consider prior to
sharing customer records within the same jurisdiction?
A. The availability of the institution's information sharing practices.
B. The degree to which the collected client data is complete.
C. The locally applicable restrictions regarding the disclosure of
client information
D. The potential different time zones within the same jurisdiction -
correct answer ✅The locally applicable restrictions regarding the
disclosure of client information.
Which actions should a compliance officer take when implementing
an enterprise-wide approach to managing money laundering risks
in institutions operating with multiple lines of business and in
various jurisdictions? (Choose three.)
A. Design systematic controls specific to local regulatory
expectations.
,ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
B. Create processes to obtain and review information in accordance
with its global anti-money laundering policies and procedures.
C. Adopt policies and procedures that comply with relevant laws
and work to identify, monitor, and mitigate group-wide risks.
D. Institute a risk-based approach utilizing the most recent risk
assessment of only the head office.
E. Establish jurisdiction centric committees where relevant laws are
reviewed and analyzed to understand their impact on the
organization.
F. Implement a comprehensive baseline for managing risks by
administering a process that applies policies and procedures on a gr
-
correct answer ✅Create processes to obtain and review
information in accordance with its global anti-money laundering
policies and procedures.
Adopt policies and procedures that comply with relevant laws and
work to identify, monitor, and mitigate group-wide risks.
Implement a comprehensive baseline for managing risks by
administering a process that applies policies and procedures on a
group-wide basis.
, ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
A financial institution's (FI's) compliance officer is developing
targeted role specific training for those involved in managing the
institution's Correspondent Banking relationships. Which key
messages are important to be included in the training to align with
the Wolfsberg Group's Principles? (Choose two.)
A. Funds used in the financing of terrorism and associated activities
do not necessarily always come from criminal activity.
B. The respondent has sole responsibility for reporting suspicious
activities regardless of the jurisdictions involved.
C. The correspondent and the respondent pose the same risk to
each other so the level of due diligence would be the same.
D. Tier 1 banks can be subject to simplified due diligence provided
enhanced due diligence is undertaken on the Directors.
E. Through the sharing of information, FI's can help combat and
fight against terrorism. -
correct answer ✅Funds used in the financing of terrorism and
associated activities do not necessarily always come from criminal
activity.
Through the sharing of information, FI's can help combat and fight
against terrorism.
Questions + Verified Answers 100%
correct, Update 2026
Based on the USA PATRIOT Act, what action might the US take to
demonstrate extraterritorial reach?
A. Send requests for information to a non-US based financial
institution (FI)
B. Hand over potential penalties from the US to another
government
C. Freeze U. S. accounts that contain funds from the non-US FI
D. Initiate a lawsuit in the home country of the non-US FI -
correct answer ✅Freeze U. S. accounts that contain funds from the
non-US FI
How should a compliance officer respond to law enforcement
agencies' request for information on a customer undergoing an
investigation?
A. Collaborate with the financial institution's (FI's) designated
department to determine the appropriate course of action to
comply with the request.
B. Gather all requested documentation and send via secure email to
the requesting authority.
C. Share details of the investigation with respective colleagues who
deal with this customer type on a daily basis.
,ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
D. Freeze account assets and advise the customer that assets will
not be released until the investigation has been completed. -
correct answer ✅Collaborate with the financial institution's (FI's)
designated department to determine the appropriate course of
action to comply with the request.
Which factor should a financial institution (FI) consider prior to
sharing customer records within the same jurisdiction?
A. The availability of the institution's information sharing practices.
B. The degree to which the collected client data is complete.
C. The locally applicable restrictions regarding the disclosure of
client information
D. The potential different time zones within the same jurisdiction -
correct answer ✅The locally applicable restrictions regarding the
disclosure of client information.
Which actions should a compliance officer take when implementing
an enterprise-wide approach to managing money laundering risks
in institutions operating with multiple lines of business and in
various jurisdictions? (Choose three.)
A. Design systematic controls specific to local regulatory
expectations.
,ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
B. Create processes to obtain and review information in accordance
with its global anti-money laundering policies and procedures.
C. Adopt policies and procedures that comply with relevant laws
and work to identify, monitor, and mitigate group-wide risks.
D. Institute a risk-based approach utilizing the most recent risk
assessment of only the head office.
E. Establish jurisdiction centric committees where relevant laws are
reviewed and analyzed to understand their impact on the
organization.
F. Implement a comprehensive baseline for managing risks by
administering a process that applies policies and procedures on a gr
-
correct answer ✅Create processes to obtain and review
information in accordance with its global anti-money laundering
policies and procedures.
Adopt policies and procedures that comply with relevant laws and
work to identify, monitor, and mitigate group-wide risks.
Implement a comprehensive baseline for managing risks by
administering a process that applies policies and procedures on a
group-wide basis.
, ACAMS Practice 201-300 Exam
Questions + Verified Answers 100%
correct, Update 2026
A financial institution's (FI's) compliance officer is developing
targeted role specific training for those involved in managing the
institution's Correspondent Banking relationships. Which key
messages are important to be included in the training to align with
the Wolfsberg Group's Principles? (Choose two.)
A. Funds used in the financing of terrorism and associated activities
do not necessarily always come from criminal activity.
B. The respondent has sole responsibility for reporting suspicious
activities regardless of the jurisdictions involved.
C. The correspondent and the respondent pose the same risk to
each other so the level of due diligence would be the same.
D. Tier 1 banks can be subject to simplified due diligence provided
enhanced due diligence is undertaken on the Directors.
E. Through the sharing of information, FI's can help combat and
fight against terrorism. -
correct answer ✅Funds used in the financing of terrorism and
associated activities do not necessarily always come from criminal
activity.
Through the sharing of information, FI's can help combat and fight
against terrorism.
