Acams en Study guides, Study notes & Summaries

ACAMS Exam Prep 1-10 Examples of best practices in terms of ensuring an adequate AML program - ANSWER-1. Review the accuracy of account opening applications 2. Review applicable domestic and international AML guidance 3. Perform a risk analysis basis and compare it to tnr coverage of the AML program These statements are true regarding the

ACAMS-Prep-Mock Exam 2023 Questions and Answers What are three indicators of money laundering associated with using electronic funds transfers? - Funds transfers to or from financial secrecy haven without an apparent business reason. Funds transfers are received or sent from the same person to or from different accounts. Payments or receipts with no apparent link to legitimate contract goods or services On who does the ultimate responsibility for an institution's anti-money launderin...

Handboek horende bij de cursus Certified Anti-Money Laundering Specialist (CAMS) aangeboden door ACAMS is hier samengevat, aangevuld met sporadisch nuttige informatie uit het handboek Wet tegen witwassen en financieren van terrorisme (Wwft) van het Nederlandse Compliance Instituut (NCI) om de informatie in de Nederlandse context te kunnen plaatsen.

2 ways remittance services can foster ML - ANSWERS • Packages containing large cash sums and even drugs anonymously. • Another technique commonly used by money remitters and currency exchanges is for the broker to make the funds available to the criminal organization at the destination country in the local currency. 2 Ways to launder money in Real Estate - ANSWERS • By way of chain transactions in real estate to cloak the illicit source of funds (the layering phase), • By inve...