ACAMS
CAMS · Question #138
Which scenario is closest to the definition of money laundering the United Nations Convention against Transnational Organized Crime and Other Protocols provided?
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
Which scenario is closest to the definition of money laundering the United Nations Convention against Transnational Organized Crime and Other Protocols provided?
Options
- AFiling a suspicious transaction report when you know or suspect money laundering is taking place
- BKnowingly financing a resort development with the proceeds of arms trafficking
- CAssisting a client in a property conveyance by effecting the transfer of ownership from the seller
- DDiscussing your suspicions with a client, thus giving the client the opportunity to switch service
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Topics
#UN Convention#money laundering definition#proceeds of crime#legal framework