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CAMS · Question #134

CAMS Question #134: Real Exam Question with Answer & Explanation

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Question

Which practices are dealers in antiques, precious metals, precious stones, jewelry, and art advised to follow to reduce the element of money laundering risk? Choose 3 answers

Options

  • AInsist on all vendors signing a declaration that the item placed by them for sale was not stolen or
  • BVerify the identities of all new vendors and customers and conduct due diligence on them
  • CAvoid accepting cash payment from the buyers
  • DInsist all vendors submit an appropriate license issued by enforcement agencies authorizing the

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