AML TEST QUESTIONS, CAMS - CHAPTER 3: ANTI-MONEY
LAUNDERING/COUNTER-TERRORIST FINANCING
COMPLIANCE PROGRAMS, CAMS - CHAPTER 2:
INTERNATIONAL AML/CFT STANDARDS ACTUAL
COMPLETE EXAM|WITH ACCURATE QUESTIONS AND
VERIFIED ANSWERS|GRADED A
A sound CDD program should include Ans✓✓✓ Customer
identification, profiles, customer acceptance, risk rating, monitoring,
investigation, documentation
According to the Basel Committee, the three (3) lines of defense are
Ans✓✓✓ Business, AML compliance function, and audit function
AMLD1 (Money Laundering: Preventing Use of the Financial System)
was adopted in Ans✓✓✓ June 1991
AMLD2 was adopted in Ans✓✓✓ December 2001
AMLD3 was adopted in Ans✓✓✓ 2005
AMLD4 entered into effect on Ans✓✓✓ June 26, 2015
Cash Control Regulation (EU) was adopted in Ans✓✓✓ 2005
CDD is: Ans✓✓✓ Customer Due Dilligence
, Countries should establish a _ _ _ that serves as a national center for the
receipt and analysis of suspicious transaction reports, and other
information relevant to money laundering and financing of terrorism,
and for the dissemination of the results of that analysis. Ans✓✓✓ FIU
(Financial Intelligence Unit)
Date on which AMLD2 was to be implemented as national law
Ans✓✓✓ June 15, 2003
Date on which AMLD3 was to be implemented as national law
Ans✓✓✓ December 15, 2007
Directive (EU) 2015/849 is also known as Ans✓✓✓ AMLD4
Directive 2001/97/EEC is also known as Ans✓✓✓ AMLD2
Directive 2005/60/EC is also known as Ans✓✓✓ AMLD3
Directive 91/308/EEC is also known as Ans✓✓✓ AMLD1
Eastern and South African Anti-Money Laundering Group (ESAAMLG)
was established in Ans✓✓✓ 1999
LAUNDERING/COUNTER-TERRORIST FINANCING
COMPLIANCE PROGRAMS, CAMS - CHAPTER 2:
INTERNATIONAL AML/CFT STANDARDS ACTUAL
COMPLETE EXAM|WITH ACCURATE QUESTIONS AND
VERIFIED ANSWERS|GRADED A
A sound CDD program should include Ans✓✓✓ Customer
identification, profiles, customer acceptance, risk rating, monitoring,
investigation, documentation
According to the Basel Committee, the three (3) lines of defense are
Ans✓✓✓ Business, AML compliance function, and audit function
AMLD1 (Money Laundering: Preventing Use of the Financial System)
was adopted in Ans✓✓✓ June 1991
AMLD2 was adopted in Ans✓✓✓ December 2001
AMLD3 was adopted in Ans✓✓✓ 2005
AMLD4 entered into effect on Ans✓✓✓ June 26, 2015
Cash Control Regulation (EU) was adopted in Ans✓✓✓ 2005
CDD is: Ans✓✓✓ Customer Due Dilligence
, Countries should establish a _ _ _ that serves as a national center for the
receipt and analysis of suspicious transaction reports, and other
information relevant to money laundering and financing of terrorism,
and for the dissemination of the results of that analysis. Ans✓✓✓ FIU
(Financial Intelligence Unit)
Date on which AMLD2 was to be implemented as national law
Ans✓✓✓ June 15, 2003
Date on which AMLD3 was to be implemented as national law
Ans✓✓✓ December 15, 2007
Directive (EU) 2015/849 is also known as Ans✓✓✓ AMLD4
Directive 2001/97/EEC is also known as Ans✓✓✓ AMLD2
Directive 2005/60/EC is also known as Ans✓✓✓ AMLD3
Directive 91/308/EEC is also known as Ans✓✓✓ AMLD1
Eastern and South African Anti-Money Laundering Group (ESAAMLG)
was established in Ans✓✓✓ 1999
