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What is Financial Crime? -Correct Answer Illegal activities that typically are economically motivated, such as money laundering, terrorist financing, sanctions, fraud, bribery, corruption, and tax evasion Name the three basic stages of money laundering. -Correct Answer Placement, layering, and integration State the key differences between money laundering and terrorist financing. -Correct Answer Terrorist financing uses funds to support terrorist activities, but the funds are not necessari...

CAFCA EXAM 2024 UPDATE CERTIFIED STUDY RESOURCES [MOST TESTED QUESTIONS] COMPLETE QUESTIONS AND VERIFIED ANSWERS GRADE A+ What is financial crime? - AnswerIllegal activities that are usually economically motivated. What is money laundering? - AnswerThe process of concealing or disguising the existence, source, movement, destination, or illegal application of criminally derived property or funds to make them appear legitimate. Three stages of money laundering - Answer- Placement - Lay...

©THEBRIGHT 2025 ALL RIGHTS RESERVED 11:11AM. 1 CAFCA Basic Exam Questions And Answers 2025 Update. Name two important pieces of anti-bribery and corruption legislation with extra territorial reach. - AnswerThe Foreign Corrupt Practices Act in the US and The UK Bribery Act 2010. What are the main types of sanctions and who do they target? - AnswerFinancial, economic, and trade. They generally target individuals, organizations, and countries. List the three major reasons people commit...

©THEBRIGHT 2025 ALL RIGHTS RESERVED 11:11AM. 1 CAFCA Manual Exam Questions And Answers 2025 Update. What is financial crime? - AnswerIllegal activities that are usually economically motivated. What is money laundering? - AnswerThe process of concealing or disguising the existence, source, movement, destination, or illegal application of criminally derived property or funds to make them appear legitimate. Three stages of money laundering - Answer- Placement - Layering - Integration Wh...

©THEBRIGHT 2025 ALL RIGHTS RESERVED 11:11AM. 1 CAFCA Exam Questions And Answers 2025 Update. What is financial crime? - AnswerIllegal activities that are usually economically motivated Examples include money laundering, terrorist financing, and tax evasion. What is the impact of financial crime? - AnswerCertain countries are more prone to financial crimes Impact of crime has increased globally Threatens financial systems and economies Money Laundering - AnswerEngaging in financial tra...

CAFCA EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS || ALREADY GRADED A+ < LATEST VERSION > 1. What is financial crime? - ANSWER Illegal activities that are usually economically motivated. 2. What is money laundering? - ANSWER The process of concealing or disguising the existence, source, movement, destination, or illegal application of criminally derived property or funds to make them appear legitimate. 3. Three stages of money laundering - ANSWER - Placement - Layeri...

CAFCA EXAM ACTUAL QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES || ALREADY GRADED A+ <RECENT VERSION> 1. What is a shell company? - ANSWER No assets or operations "Shelf" is shell created to use later Appear legitimate and mask ownership Sometimes legitimate but high-risk Often facilitate money laundering 2. Key FinTech risks - ANSWER Vary by specific products, services, technologies Key risks: fraud, money laundering, bribery and corruption, tax ev...

Certified AML Fintech Compliance Associate (CAFCA) Exam Questions with Detailed Answers What is Financial Crime? - Illegal activities that typically are economically motivated, such as money laundering, terrorist financing, sanctions, fraud, bribery, corruption, and tax evasion Name the three basic stages of money laundering. - Placement, layering, and integration State the key differences between money laundering and terrorist financing. - Terrorist financing uses funds to support...

CAFCA Manual Exam Questions and Answers 100% Pass What is financial crime? - Illegal activities that are usually economically motivated. What is money laundering? - The process of concealing or disguising the existence, source, movement, destination, or illegal application of criminally derived property or funds to make them appear legitimate. Three stages of money laundering - - Placement - Layering - Integration What is terrorist financing? - Involves fund for an illegal politic...