ACAMS
CAMS · Question #103
CAMS Question #103: Real Exam Question with Answer & Explanation
Sign in or unlock CAMS to reveal the answer and full explanation for question #103. The question stem and answer options stay visible for context.
Question
One key aspect of the Office of Foreign Assets Control's extraterritorial reach includes the blocking of certain non-United States initiated transactions for or through the United States (U.S.) for benefit of a restricted person or entity. Under which three circumstances are U.S. banks required to block transactions? (Choose three.)
Options
- AThe transactions are to, or go through, a blocked entity
- BThose that are by, or on behalf of, a blocked individual or entity
- CThose that are by or on behalf of a blocked individual and a licensed entity
- DThose that are in connection with a transaction in which a blocked individual or entity has an
- EThose that are in connection with a transaction in which a blocked individual or entity has no
Unlock CAMS to see the answer
You've previewed enough free CAMS questions. Unlock CAMS for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.