ACAMS CAMS Certified Anti-Money Laundering Specialist Online Training
ACAMS CAMS Online Training
The questions for CAMS were last updated at Oct 24,2025.
- Exam Code: CAMS
- Exam Name: Certified Anti-Money Laundering Specialist
- Certification Provider: ACAMS
- Latest update: Oct 24,2025
One key aspect of the Office of Foreign Assets Control’s extraterritorial reach includes the blocking of certain non-United States initiated transactions for or through the United States (U.S.) for benefit of a restricted person or entity.
Under which three circumstances are U.S. banks required to block transactions? (Choose three.)
- A . The transactions are to, or go through, a blocked entity
- B . Those that are by, or on behalf of, a blocked individual or entity
- C . Those that are by or on behalf of a blocked individual and a licensed entity
- D . Those that are in connection with a transaction in which a blocked individual or entity has an interest
- E . Those that are in connection with a transaction in which a blocked individual or entity has no interest
Which three criteria does a shell bank meet according to the Wolfsberg Principles on Correspondent Banking? Choose 3 answers.
- A . It does not conduct business at a fixed address in a jurisdiction in which it is authorized to conduct business.
- B . It does not employ one or more individuals at its fixed address where it is authorized to conduct business or maintain operating records at that address
- C . It is not subject to AML laws that require it to implement an AML program
- D . It is not subject to inspection by the banking authority that licensed it to conduct banking activities
Which action should countries take related to the financing of terrorist acts in accordance with the Financial Action Task Force 40 Recommendations?
- A . Oppose
- B . Sanction
- C . Prosecute
- D . Criminalize
When an institution receives a document request from law enforcement with regard to an STR that the institution has filed, what should institution do?
- A . It should turn over the documents that were previously collected to support the STR
- B . It should request a written subpoena or court order before turning over any documents
- C . It should have its outside counsel review the request and the documents before doing anything
- D . It should politely decline to provide the requested documents until the law enforcement agency can explain the nature and purpose of its inquiry
What is true regarding disclosure to a law enforcement agency by a financial institution of the supporting documentation for a suspicious transaction report?
- A . Documentation must be provided as quickly as possible using email
- B . The financial institution may notify the account holder of the request
- C . Confirm that the request originated from a representative of the law enforcement agency
- D . A copy of all the documentation released must also be provided to the account holder’s attorney
Which action indicates possible Penza scheme activity?
- A . A licensed seller offers higher profit on investments in a high risk country
- B . An unlicensed investment advisor offers profits other investments cannot guarantee
- C . A licensed investment advisor lures aging/retired professionals to invest in securities
- D . A unlicensed investment advisor offers returns that are competitive with industry benchmarks
A client opens a bank account for a multi-level marketing company. The debits and credits of the account are numerous and very involved. Further, there are a lot of international transactions. Also, funds are being tunneled from the company to the client’s personal account in another jurisdiction.
Which two steps should law enforcement take in investigating this matter? (Choose two.)
- A . Determine who are the signatories on the account
- B . Ask the bank for the history of this multi-level marketing company
- C . Examine the flow of money from the company to the individual in an effort to determine if it is legitimate
- D . Examine possible Suspicious Activity Report information received from the local Financial Intelligence Units
Under which two circumstances may law enforcement be given access to a financial institution customer’s
financial records? (Choose two.)
- A . If the person is named in a suspicious transaction report
- B . If law enforcement serves a legal summons or subpoena
- C . If the investigation of a customer is made public in the media
- D . If law enforcement has circumstantial evidence to suspect money laundering
A bank account is established for a new business customer. The business was established five years ago with an address in another state. The business website contains few details other than stating it is a real estate business.
One principal has an international telephone number and appears to be living in another country. The other principal works out of a recreational vehicle.
What warrants enhanced due diligence in this scenario?
- A . Shell company
- B . Human trafficker
- C . Politically exposed person
- D . Money laundering through real estate
The compliance officer for a bank is reviewing on-boarding documents for a new business account for a domestic corporation. The officer is unable to verify the identity of the beneficial owners of the company. Only information on the nominee owners was provided, and none of the listed addresses are local. The purpose of the business and future expected activity were disclosed to include cash letters, money orders and international remittance transfers.
Which red flag identifies a heightened money laundering risk?
- A . Expected activity was advised to include cash letter and money orders
- B . The nature and purpose of the business include international remittance transfers
- C . The names provided at account opening are identified as the corporation’s representative nominees
- D . Account signer’s government issued identification lists addresses outside of where the branch account was opened
Latest CAMS Dumps Valid Version with 190 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
YES