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CAMS · Question #107

CAMS Question #107: Real Exam Question with Answer & Explanation

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Question

What are two risks to institutions for violating anti-money laundering laws as demonstrated by the 2012 HSBC settlement with United States authorities? (Choose two.)

Options

  • AForfeiture of assets
  • BCivil money penalties
  • CLoss of bank charter/license
  • DImprisonment of bank employees

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