Aml exam 3 - Study guides, Class notes & Summaries

AML Exam 2 Questions and Answers | Latest Version | 2024/2025 | Already Passed What is the primary function of a transaction monitoring system in anti-money laundering (AML) efforts? - To enforce regulations - To manage customer relationships To detect and report suspicious transactions - To handle customer complaints Which entity is typically responsible for setting AML regulatory standards in a country? - Financial institutions - Individual banks - International organization...

 REAL HESI RN Med SURG  ALL VERSIONS IN ONE DEAL  QUESTIONS FROM REAL TEST  (I scored 1413!!!) SAMPLES/PREVIEWS 2022 HESI Med-Surg v2 16. an older adult male is admitted three days after a fall because his wife called 911 this morning when he became confused. the client has a history of chronic kidney disease and diabetes and has vital signs on admission heart rate 120 beats respirations 12 breaths and blood pressure 180/96. which assessment f...

AML Exam Questions and Answers | Latest Version | 2024/2025 | Graded A+ What is the primary goal of anti-money laundering (AML) regulations? - To increase financial transaction fees To prevent and detect money laundering and terrorist financing - To enhance investment opportunities - To simplify financial transactions Which of the following is a common method used to launder money? Structuring transactions to avoid detection - Increasing interest rates - Decreasing the number o...

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...

Med surg exam 2 Questions and Answers Graded A+ what should you absolute neutrophil count be (ANC) - Correct Answer ️️ - neutropenia - Correct Answer ️️ -ANC <1500 moderate neutropenia - Correct Answer ️️ -ANC 500-999 severe neutropenia - Correct Answer ️️ -ANC < 500 things to avoid if pt is neutropenic - Correct Answer ️️ -- fresh cut flowers (wilt, die, grow mold) - processed meats, undercooked meats (food bourne illness) chemo & radiation - Correct Answer ️...

BSACs Exam Prep Questions and Answers!What are the five pillars of an effective BSA/AML compliance program? - ANSWER 1. Designation of a BSA compliance officer by the Board. 2. Provide for a system of internal controls to ensure ongoing compliance 3. Provide for independent testing to be conducted by credit union personnel or outside parties 4. Provide training for appropriate personnel 5. Appropriate risk-based procedures for conducting ongoing member due diligence Who all is required to...

True/False: If you are a small credit union it is acceptable to have the BSA officer determine when a CTR is necessary, fil out the CTRs, and determine who is eligible for a CTR exemption. - False True/False: BSA/AML training should be tailored to the person's specific responsibilities - True Regulators recommend that independent test of your BSA program should be done: a. Annually b. Every 12 to 18 months c. Whenever necessary d. Before each exam - b. Every 12 to 18 months Who all is r...

The credit union's BSA Officer is ultimately responsible for the credit union's BSA compliance. -:- 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 receive appropriate BSA/A...

What are the five pillars of an effective BSA/AML compliance program? -:- 1. Designation of a BSA compliance officer by the Board. 2. Provide for a system of internal controls to ensure ongoing compliance 3. Provide for independent testing to be conducted by credit union personnel or outside parties 4. Provide training for appropriate personnel 5. Appropriate risk-based procedures for conducting ongoing member due diligence Who all is required to receive BSA/AML training? -:- Ne...

According to the AML/CTF risk categories _____ customers may include politically exposed persons or certain types of money services businesses or cash intensive businesses. a. Prohibited b. High Risk c. Medium Risk d. Low Risk - Answer- b. High risk When assessing the money laundering risks of various territories and countries, which of the following can a financial institution consider? a. The terrorism and sanctions lists published by governments and intentional organizations b. the o...