Exam aml Study guides, Class notes & Summaries

CAFP,Certified AML and Fraud Professional Exam Prep (New 2023/ 2024 Update) Questions and Verified Answers| 100% Correct QUESTION When can reverse money laundering occur? Answer: During terrorist financing QUESTION What is one of the ways illicit funds are laundered and reintroduced back into the economy? Answer: trade based money laundering QUESTION What is the Bank Secrecy Act? Answer: Regulation that started requiring reporting of CTRs ...

True or False: The credit union's BSA Officer is ultimately responsible for the credit union's BSA compliance. - Correct answer-False. Although the BSA Officer is responsible for coordinating and monitoring day-to-day BSA/AML compliance and managing all aspects of the BSA compliance program, the credit union's board of directors is ultimately responsible for the credit union's compliance. This is why it is critical that the board of directors designate a qualified BSA officer and rece...

CAFP,Certified AML and Fraud Professional 2023/ 2024 Exam |Grade A |Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update) QUESTION How does the new message format for cover payments, MT 202 COV, assist in monitoring funds transfers for criminal activity? Answer: identifies the originator and beneficiary of the funds transfer and therefore allows the intermediary bank to monitor or filter payment information. QUESTION Informal Value Transfer Systems (IV...

ACE-i: indications and adverse reactions - "CHAD doesn't like taking ACE-I" Indications: Control Hypertension and Diabetes (congestive heart failure, chronic kidney disease) ADRs: Cough, Hyperkalemia and Hyperuricemia, Angioedema, Dose 1 hypotension Acute Lymphocytic Leukemia (ALL), what are the s/s and CBC findings? - most common childhood malignancy A: anemic L: lumpy - lymphadenopathy, hepatomegaly, splenomegaly L: limping - bone pain, non-weight bearing FEVER >20% blasts Acut...

ACAMS Exam Review Questions with Complete Solutions 2024/2025 Define "smurfing." - Correct Answer The use of multiple individuals and/or transactions for making cash deposits, buying monetary transactions or banks drafts in amounts under the reporting threshold. (NB: Some equate this term with structuring) What are the sections of the USA PATRIOT Act pertaining to AML due diligence? - Correct Answer *Section 312* -- Requirement that institutions create risk-based due diligence programs ...

ACAMS Review Exam Questions & Answers 2024/2025 Define "smurfing." - ANSWERSThe use of multiple individuals and/or transactions for making cash deposits, buying monetary transactions or banks drafts in amounts under the reporting threshold. (NB: Some equate this term with structuring) What are the sections of the USA PATRIOT Act pertaining to AML due diligence? - ANSWERS*Section 312* -- Requirement that institutions create risk-based due diligence programs *Section 313* -- Prohibi...

ACAMS Certification Exam (BSA/AML) with Complete Solutions ACAMS Certification Exam (BSA/AML) with Complete Solutions ACAMS Certification Exam (BSA/AML) with Complete Solutions ACAMS Certification Exam (BSA/AML) with Complete Solutions ACAMS Certification Exam (BSA/AML) with Complete Solutions Describe the three phases of money laundering. - ANSWER-• Placement is the physical disposal of cash or other assets derived from criminal activity. • Layering is the separation of illicit proc...

CAMS Exam Practice Questions & Answers 2024/2025 How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds? A. They use forged or fraudulent invoicing of priceless works of art by auction houses B. They commingle legitimate and illicit proceeds by principals for payment of fine art C. They immediately resell priceless works of art after purchase from a foreign auction house D. They use anonymous agents to buy the art and have the payment wired from ...

ACAMS Exam Questions And Answers | Verified | Guaranteed pass 2024 C - ANSWERS The USA PATRIOT Act was passed in: A) 1970 B) 1985 C) 2001 D) 2007 D - ANSWERS The three stages of money laundering are: A) Layering, Placement, Refining B) Placement, Refining, Integration C) Refining. Integration, Layering D) Integration, Layering, Placement D - ANSWERS Which of the following would be satisfactory elements of an Anti-Money Laundering Program? I - A CAMS certified employee in the Inve...

MERGERED HESI RN MEDSURG EXAMS 2022/2023 ACTUAL EXAMS LATEST UPDATE HESI RN NEW MED SURG EXAM 2022 -MULTIPLE QUESTIONS -QUESTIONS&ANSWERS -55 QUESTIONS -TESTED 2022 1.The client who experiences angina has been told to follow a low cholesterol diet. Which of the following meals would be best? 1. Hamburger, salad, and milkshake. 2. Baked liver, green beans, and coffee. 3. Spaghetti with tomato sauce, salad, and coffee. 4. Fried chicken, green beans, and skim milk. 2. The nurse s...