ACAMS CAMS Certified Anti-Money Laundering Specialist Online Training
ACAMS CAMS Online Training
The questions for CAMS were last updated at Sep 08,2025.
- Exam Code: CAMS
- Exam Name: Certified Anti-Money Laundering Specialist
- Certification Provider: ACAMS
- Latest update: Sep 08,2025
What is an essential element of Know Your Customer (KYC) standards according to the Basel Committee’s Customer Due Diligence for Banks paper?
- A . Annual staff training
- B . A customer acceptance policy
- C . The same KYC requirements must be applied in all cases
- D . All completed KYC documents must be reviewed by a senior manager not involved in the account opening process
Send the deposit documents referenced in the suspicious transaction report.
- A . 1 and 2 only
- B . 1 and 4 only
- C . 2 and 3 only
- D . 2 and 4 only
Bank A is located in Country A. A wire transfer from Bank B located in Country B is processes by Bank A, where the funds are being moved to a customer at Bank C located in Country C. The wire transfer is deemed suspicious by Bank A.
- A . The transaction in Country A.
- B . Bank B in Country A.
- C . The transaction in Country B.
- D . Bank C in Country C.
What is the goal of the Egmont Group in providing a forum for Financial Intelligence Units (FIUs) around the world?
- A . To improve international laws to combat money laundering and the financing of terrorism and foster the implementation of domestic programs.
- B . To provide a forum for FIUs to improve cooperation in the fight against money laundering and the financing of terrorism and to foster the implementation of domestic programs in this field.
- C . To improve communication with law enforcement in the fight against money laundering and the financing of terrorism and to foster the implementation of domestic programs in this field.
- D . To improve cooperation with state and federal governments in the fight against money laundering and the financing of terrorism and to foster the implementation of domestic programs in this field.
What do Financial Action Task Force (FATF)-style regional bodies do for their members to help combat money laundering and terrorist financing?
- A . They provide technical assistance to members in implementing FATF recommendations
- B . They assist member countries in penalizing entities that violate FATF standards and recommendations
- C . They work with members on areas of concern outside of anti-money laundering and terrorist financing
- D . They supervise member country financial institutions relating to anti-money laundering and terrorist financing
A bank compliance officer has implemented enhanced monitoring rules that have identified some unusual activity that may be indicative of human trafficking.
Which red flag should prompt additional transactional review?
- A . Wire transfer activity from countries with significant migrant populations
- B . Cash deposits that occur in cities where the customer resides and conducts business
- C . Cash deposits that occur in cities where the customer does not reside or conduct business
- D . Cash deposits that occur in cities where the customer does not reside or conduct business followed by same-day withdrawals
An internal investigation log is primarily intended to:
- A . Provide training on investigations to the anti-money laundering officer and Financial Intelligence Unit.
- B . Track the status of investigations into unusual activity.
- C . Report status of investigations to the Board of Directors.
- D . Report status of investigations to the Board of Directors.
- E . Detect and monitor possible suspicious activity.
A client is a wholesale auto business that operates as a used car lot. The client regularly ships vehicles internationally. In a four-month period, the client received wires totaling $ 1,250,000 from a dealer in Benin in West AfricA. All wires originated from Benin and were in increments of $50,000.
Account debits made to the account were payable to various transport companies. All incoming checks reference various vehicles purchased. Dock shipping receipts produced by the client to support account
activity identify the vehicles but cannot easily be tied to the wires receives.
What is the suspicious behavior?
- A . The dock shipping receipts match the vehicles
- B . Vehicles are regularly shipped internationally
- C . Wires received are in large, even dollar amounts
- D . Account debits are payable to transport companies
Which of the following customer transactions with a securities dealer would indicate the highest suspicion of money laundering?
- A . Frequent trades in unlisted securities throughout the day on a regular basis.
- B . Recurring transfers of money into a brokerage account subsequently invested in short-term securities.
- C . An unexplained high level of account activity with very low levels of securities transactions
- D . Investment in securities with a significantly lower risk than the customer’s expressed risk tolerance.
What are the regulatory risks to a bank employee who willfully violates anti-money laundering laws?
- A . Investigation and reputational damage
- B . Fines and suspension from the industry
- C . Criminal investigation and imprisonment
- D . Enforcement actions including fines against the financial institution
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