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CAMS · Question #118

What three attributes do havens for money laundering and terrorist financing typically have? Choose 3 answers

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Risks and Methods of Money Laundering and Terrorist Financing

Question

What three attributes do havens for money laundering and terrorist financing typically have? Choose 3 answers

Options

  • ALimited types of institutions and persons covered by money laundering laws and regulations
  • BLittle enforcement of the laws, weak penalties or provisions that make it difficult to confiscate or
  • CA large number of predicate crimes for money laundering
  • DAbsence of an effective FIU

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Topics

#high-risk jurisdictions#money laundering havens#FIU absence#weak enforcement
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