over 1 year her

Are you still searching proper CAMS exam study materials, or are you annoying of collecting these study materials? As the professional IT exam dumps provider, Itexamguide has offered the complete CAMS Exam Materials for you. So you can save your time to have a full preparation of CAMS exam.

Career Opportunities

Individuals who have obtained the CAMS designation may receive a range of benefits. They include furthering one's professional portfolio via demonstrating a better understanding of the detection and prevention techniques of financial crime, helping to protect their organization from money laundering threats, and lessening financial crime risks. What's more, by flaunting this qualification on your resume, you can opt for such job roles as an Anti-Money Laundering Analyst, Bank Secrecy Act (BSA) Officer, Staff Auditor, Management Consultant, etc. When it comes to the annual payment received by those specialists who got CAMS certified, it equals almost $82k per year as shown by Payscale.com. >> CAMS Labs <<

CAMS Vce Free - Hottest CAMS Certification

Our Certified Anti-Money Laundering Specialists study question has high quality. So there is all effective and central practice for you to prepare for your test. With our professional ability, we can accord to the necessary testing points to edit CAMS exam questions. It points to the exam heart to solve your difficulty. So high quality materials can help you to pass your exam effectively, make you feel easy, to achieve your goal. With the CAMS Test Guide use feedback, it has 98%-100% pass rate. That’s the truth from our customers. And it is easy to use for you only with 20 hours’ to 30 hours’ practice. After using the CAMS test guide, you will have the almost 100% assurance to take part in an examination. With high quality materials and practices, you will get easier to pass the exam.

Exam Details

The CAMS is a 3.5-hour test consisting of 120 multiple-choice and multiple-select questions. To pass and obtain the CAMS certification, test-takers must achieve a score of 75 or more. ACAMS recommends that candidates arrive/log in 30 minutes before the scheduled time for the official exam as latecomers may not be allowed to take the test and this allows ample time for check-in. Test-takers are also required to bring along with them the two forms of current and valid government-issued identification. Please note that the identification must include a photograph and signature. Also, please ensure that the name used when registering for the real exam is one and the same as it appears on the identification. If you're looking for the prestigious AML certificate issued by a reputed international organization that specializes in and is dedicated to the detection and prevention of financial crime, then you should opt for the ACAMS Certified Anti-Money Laundering Specialist (CAMS) certification exam which ensures an individual's skill in the field of anti-money laundering.

ACAMS Certified Anti-Money Laundering Specialists Sample Questions (Q209-Q214):

NEW QUESTION # 209
A company service provider in Country A sets up a corporate structure for a client from Country B, which is known for corruption. The corporate structure includes a holding company in Country A with a bank account in one of the international banks located there.
During on-boarding, the client's wealth was estimated at $7 million. Shortly thereafter, the client's father became president of Country B.
During a routine client review two years later, it was identified that client's wealth had grown to $510 million.
What are two red flags that indicate money laundering or financial terrorism? (Choose two.)

• A. The client is a family member of a PEP from a country known for corruption.
• B. The client is from a country known for corruption.
• C. The substantial growth in wealth during a short period of time.
• D. The holding company is in Country A with a bank account in one of the international banks.

Answer: A,B Explanation:
Explanation
High-risk: The risks here are significant, but are not necessarily prohibited. To mitigate the heightened risk presented, the financial institution should apply more stringent controls to reduce the ML/FT risk, such as conducting enhanced due diligence and more rigorous transaction monitoring. Countries that maintain a reputation for corruption or drug trafficking are generally considered high-risk. High-risk customers may include politically exposed persons (PEPs) or certain types of money services businesses or cash-intensive businesses; high-risk products and services may include correspondent banking and private banking.
NEW QUESTION # 210
What are three risk factors a financial institution should examine with regard to a proposed new product?

• A. The complexity of the product
• B. Whether the product is easily transferable
• C. The need to verify the identification of the customer
• D. Whether other financial institutions are marketing the product

Answer: A,B,C
NEW QUESTION # 211
In which type of banking transaction is price manipulation, as a form of money laundering, a common practice?

• A. Issuing a letter of credit
• B. Subscribing to a cash management account
• C. Sending a wire transfer
• D. Redeeming an annuity

Answer: A
NEW QUESTION # 212
A European Union (EU) bank has a correspondent banking relationship with a U.S. bank. Under USA PATRIOT Act Section 311, the U.S. government has enacted special measures against a designated entity that has a payable-through account with the EU bank. Which of the following actions might the U.S. bank be required to take regarding the EU bank's services for the designated entity?

• A. Verify that the EU bank serves the designated entity.
• B. Obtain additional information about customers permitted to use this account.
• C. Ensure the designated entity's confidential information is not shared with other entities.
• D. Perform enhanced due diligence on the EU bank.

Answer: B
NEW QUESTION # 213
What do Financial Action Task Force (FATF)-style regional bodies do for their members to help combat money laundering and terrorist financing?

• A. They work with members on areas of concern outside of anti-money laundering and terrorist financing
• B. They supervise member country financial institutions relating to anti-money laundering and terrorist financing
• C. They provide technical assistance to members in implementing FATF recommendations
• D. They assist member countries in penalizing entities that violate FATF standards and recommendations

Answer: B Explanation:
Explanation/Reference: https://www.fatf-gafi.org/media/fatf/documents/brochuresannualreports/FATF30-(1989-2019).pdf
NEW QUESTION # 214
...... CAMS Vce Free: https://www.itexamguide.com/CAMS_braindumps.html