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
Which method to launder money through deposit-taking institutions is closely associated with international trade?
- A . Forming a shell company
- B . Using Black Market Peso Exchange
- C . Structuring cash deposits withdrawals
- D . Investing in legitimate business with illicit funds
What are two reasons physical certificates present a money laundering risk to broker-dealers? (Choose two.)
- A . The trade information on a physical certificate can be easily altered
- B . Physical certificates do not expire and may be held by the owner for perpetuity
- C . There is little information readily available to the broker confirming the source of the funds
- D . Physical certificates may be provided to nominees for deposit or settled in off-market transactions
A compliance officer at a small community bank has been asked to review existing customer onboarding policies and procedures to ensure they adequately address anti-money laundering risks.
How should customer due diligence be implemented?
- A . With an annual compliance review and approval of customers
- B . With a one-time event conducted at initial customer onboarding
- C . As an ongoing activity that may vary commensurate with the risk profile of the customer
- D . As applicable to customers that pose higher money laundering or terrorist financing risk
A bank is preparing for its anti-money laundering independent review, which is performed every two years under the direction of the compliance officer. The bank’s corporate audit department will conduct the review.
The compliance officer will review the final report before it is released to the Board of Directors.
What is the issue with this situation?
- A . Independent reviews must be performed annually
- B . The review must be performed by a group outside of the bank
- C . The final report must be presented directly to the board of directors
- D . There is a conflict of interest with the management of the review process
Which of the following is the financial stage of money laundering?
- A . integration
- B . structuring
- C . off shoring
- D . placement
Which of the following customers require the most enhanced due diligence?
- A . A resident of a non-cooperative jurisdiction.
- B . An international business corporation.
- C . A politically exposed person.
- D . An established customer.
Which of the following customers require the most enhanced due diligence?
- A . A resident of a non-cooperative jurisdiction.
- B . An international business corporation.
- C . A politically exposed person.
- D . An established customer.
Which of the following customers require the most enhanced due diligence?
- A . A resident of a non-cooperative jurisdiction.
- B . An international business corporation.
- C . A politically exposed person.
- D . An established customer.
Which of the following customers require the most enhanced due diligence?
- A . A resident of a non-cooperative jurisdiction.
- B . An international business corporation.
- C . A politically exposed person.
- D . An established customer.
Which of the following customers require the most enhanced due diligence?
- A . A resident of a non-cooperative jurisdiction.
- B . An international business corporation.
- C . A politically exposed person.
- D . An established customer.
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