CAMS-FCI DUMPS QUESTIONS WITH ALL CORRECT & 100%
VERIFIED ANSWERS||ACTUAL EXAM||ALREADY GRADED A+
1. Which test should be
Answer: C
in- cluded in a bank's
Explanation:
Office of Foreign
The OFAC sanctions screening audit program should
Assets Control
include the requirement that all clients with
sanctions screening
foreign identification are subject to enhanced due
audit program?
diligence, as this provides an extra layer of protection
A. Reviewing wire
against potential violations of OFAC sanctions.
trans- fer screening
Reference: CAMS VI manual, page 132, section 7.2.2.1.1 -
processes to ensure
"Testing for OFAC Sanctions Screening Audit." This section
that potential
specifically states that the OFAC sanctions screening audit
name hits are
program should include
investigated promptly
B. Looking at copies of sus- ensuring that all clients with foreign identification are
subject to
picious activity reports filed enhanced due diligence.
with regulators to ensure
completeness
C. Ensuring that all
clients with foreign
identification are
subject to enhanced
due diligence
D. Examining Human
Re- sources processes
for con- ducting
criminal back- ground
checks on execu-
tives
2. Which is a key Style Bodies for combat-
characteris- tic of the
Financial Action Task
Force (FATF) Region- al
1/
15
, CAMS-FCI DUMPS QUESTIONS WITH ALL CORRECT & 100%
VERIFIED ANSWERS||ACTUAL EXAM||ALREADY GRADED A+
A er: B Explanation:
n According to the CAMS study guide, the Financial Action
s Task Force (FATF) Regional Style Bodies are organizations
w created by the FATF to
ting money laundering/ter- promote the implementation of anti-money laundering
and coun-
rorist financing? tering the financing of terrorism (AML/CFT) measures in
A. Instructing each specific regions. One of the key characteristics of these
mem- ber country to bodies is the im- plementation of regional mutual
place evaluation procedures. Regional
2/
15
VERIFIED ANSWERS||ACTUAL EXAM||ALREADY GRADED A+
1. Which test should be
Answer: C
in- cluded in a bank's
Explanation:
Office of Foreign
The OFAC sanctions screening audit program should
Assets Control
include the requirement that all clients with
sanctions screening
foreign identification are subject to enhanced due
audit program?
diligence, as this provides an extra layer of protection
A. Reviewing wire
against potential violations of OFAC sanctions.
trans- fer screening
Reference: CAMS VI manual, page 132, section 7.2.2.1.1 -
processes to ensure
"Testing for OFAC Sanctions Screening Audit." This section
that potential
specifically states that the OFAC sanctions screening audit
name hits are
program should include
investigated promptly
B. Looking at copies of sus- ensuring that all clients with foreign identification are
subject to
picious activity reports filed enhanced due diligence.
with regulators to ensure
completeness
C. Ensuring that all
clients with foreign
identification are
subject to enhanced
due diligence
D. Examining Human
Re- sources processes
for con- ducting
criminal back- ground
checks on execu-
tives
2. Which is a key Style Bodies for combat-
characteris- tic of the
Financial Action Task
Force (FATF) Region- al
1/
15
, CAMS-FCI DUMPS QUESTIONS WITH ALL CORRECT & 100%
VERIFIED ANSWERS||ACTUAL EXAM||ALREADY GRADED A+
A er: B Explanation:
n According to the CAMS study guide, the Financial Action
s Task Force (FATF) Regional Style Bodies are organizations
w created by the FATF to
ting money laundering/ter- promote the implementation of anti-money laundering
and coun-
rorist financing? tering the financing of terrorism (AML/CFT) measures in
A. Instructing each specific regions. One of the key characteristics of these
mem- ber country to bodies is the im- plementation of regional mutual
place evaluation procedures. Regional
2/
15
