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Most Recent ACAMS CAMS Questions For Effective Future Profession [2026]
If you are looking to be ACAMS CAMS certified. DumpExam is here to provide you with the best Certified Anti-Money Laundering Specialists (the 6th edition) (CAMS) exam dumps through which you can clear your Certified Anti-Money Laundering Specialists (the 6th edition) (CAMS) certification exam. We are providing practice exams in three formats including PDF which is the downloadable file from which you can study for your Certified Anti-Money Laundering Specialists (the 6th edition) (CAMS) exam questions and our Web-based application provides you the facility to assess yourself without installing any software on your device to prepare you for Certified Anti-Money Laundering Specialists (the 6th edition) (CAMS)exam dumps.
ACAMS Certified Anti-Money Laundering Specialists (the 6th edition) Sample Questions (Q48-Q53):
NEW QUESTION # 48
To guard against acquisition or control of a financial institution by money launderers or their associates, what should supervisory agencies require?
- A. Adequate surety bonds, cash deposits, or equivalencies
- B. Comprehensive compliance programs
- C. Prospective owners have prior experience in the area of finance
- D. Thorough due diligence on prospective owners
Answer: D
NEW QUESTION # 49
A financial institution is reorganizing and the anti-money laundering officer is now required to report to the Sales Director. Which of the following statements about this situation is most correct?
- A. The anti-money laundering officer should be independent of business functions.
- B. The reorganization will ensure communication of anti-money laundering issues to the board.
- C. The anti-money laundering officer should be elevated to a position on the Board.
- D. The reorganization will enhance the compliance framework.
Answer: A
Explanation:
The anti-money laundering officer (AML officer) is responsible for overseeing the implementation and effectiveness of the anti-money laundering (AML) program of a financial institution. The AML officer should have sufficient authority, independence, and access to resources to perform this role. Reporting to the Sales Director may compromise the independence and objectivity of the AML officer, as the Sales Director may have conflicting interests or incentives that could influence the AML officer's decisions or actions. The AML officer should report to a senior management level that is independent of business functions and has direct access to the board of directors or a relevant committee. This would ensure that the AML officer can communicate any AML issues or concerns to the board without any interference or undue influence from the business functions.
= Some of the references that support this answer are:
ACAMS Study Guide for the CAMS Certification Examination, Chapter 2, Section 2.2.1, page 41: "The AML officer should report to a senior management level that is independent of the business line and has direct access to the board of directors or a relevant committee." Money Laundering Reporting Officer: The Role Of MLRO, Section "Role Of Money Laundering Reporting Officer": "The MLRO should have independent monitoring and should be able to connect directly with people who make business decisions, such as senior management or the board of directors." Money Laundering Reporting Officer (MLRO)? | Dow Jones, Section "What is a Money Laundering Reporting Officer (MLRO)?": "A Money Laundering Reporting Officer (MLRO) is tasked with overseeing a firm's compliance with the Financial Conduct Authority's (FCA) rules on money laundering. ... The MLRO should have sufficient authority and independence within the firm to carry out their responsibilities effectively."
NEW QUESTION # 50
the Financing of Terrorism (CFT)]
Which online gambling scheme involves placing bets with deposited funds and colluding with other players to obscure the money's origin?
- A. Coordinated betting
- B. Concealment
- C. Chip dumping
- D. Player-to-player transfers
Answer: C
Explanation:
Chip dumpingis a commonmoney laundering techniquein online gambling.
* Option D (Correct):Chip dumpingoccurs whenplayers colludetotransfer fundsvia staged betting, making illicit funds appear as gambling winnings.
* Option A (Incorrect):Concealmentis a broad term, not a specific technique.
* Option B (Incorrect):Coordinated bettingrefers tomatch-fixing, not money laundering.
* Option C (Incorrect):Player-to-player transfersare used in money laundering but arenot specific to online gambling.
Reference:FATF Report on Virtual Assets and Online Gambling (2021), Wolfsberg Group Gaming AML Guidelines.
NEW QUESTION # 51
When providing reporting of STRs to the board, which of the following should be provided?
- A. A summary of all key STRs, including PEPs and key employees
- B. All the STRs filed with the national FIU
- C. A numerical summary of all the STRs
- D. A numerical summary of all the STRs and a summary of key STRs, including PEPs, key employees
Answer: A
NEW QUESTION # 52
Combating the Financing of Terrorism (CFT)]
While conducting a review of a medium-risk customer, an analyst noted that a newly added authorized signatory is a foreign politically exposed person (PEP). Which is the appropriate next step for the analyst to take?
- A. Review beneficial ownership to finalize the risk category of the customer.
- B. Re-categorize the customer as high-risk.
- C. Categorize the authorized PEP signatory as high-risk.
- D. Remove the PEP as the authorized signatory.
Answer: A
Explanation:
According to the FATF Guidance on Politically Exposed Persons1, financial institutions should assess the money laundering and terrorist financing risks associated with a business relationship or transaction with a PEP, their family members and close associates, on a case-by-case basis. This includes obtaining information on the source of wealth and source of funds of the customer and the beneficial owner, as well as conducting enhanced ongoing monitoring of the business relationship. Therefore, the appropriate next step for the analyst is to review the beneficial ownership of the customer to determine if the PEP or any other person poses a higher risk, and to apply additional measures accordingly. Removing the PEP as the authorized signatory, re- categorizing the customer as high-risk, or categorizing the authorized PEP signatory as high-risk are not necessarily required or sufficient steps, as they do not take into account the specific circumstances and risk factors of the customer and the PEP.
References:
CAMS Certification Package - 6th Edition | ACAMS
FATF Guidance: Politically Exposed Persons (Recommendations 12 and 22)
How Politically Exposed Persons Put Financial Institutions at Risk
NEW QUESTION # 53
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