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
An institution has made the decision to exit a client relationship due to anti-money laundering concerns. Prior to starting the close out process, the institution receives a written request from a law enforcement agency to keep the account open. The client is the subject of an ongoing investigation and law enforcement wants the institution to continue to monitor the account and report any suspicious activity.
What is primary consideration the institution should keep in mind when deciding whether to agree to this request?
- A . The anticipated cost of complying with the law enforcement request
- B . The number of suspicious transaction reports previously filed on the client
- C . The fact that the institution has a solid record in complying with law enforcement requests
- D . Whether the institution can continue to meet its regulatory obligations with the accounts open
A customer comes into a financial institution and deposits a large amount of cash. He has never done that before. When asked about the deposit, he indicates he recently sold a used car and received cash. He does not trust forms of payment and is wary of counterfeit money orders.
What should the bank do?
- A . The bank has received a plausible explanation, so it should do nothing
- B . While the explanation appears plausible, the institution should, for a period of time, monitor the account for cash transactions and suspicious activity
- C . While the explanation may be plausible, the institute should nonetheless file a Suspicious Transaction Report to protect itself
- D . The institution should close the account before another issues arise
An anti-money laundering specialist is concerned that several suspicious transaction reports will discuss potential illegal activity of bank employees. In this situation, which of the following is the immediate concern for the institution?
- A . Prohibiting distribution of suspicious transaction report copies to the Board.
- B . The timing of the presentation of suspicious transaction reports to the competent authority.
- C . The type of form to be used when reporting to the Board.
- D . Ensuring no delay in informing the Board.
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