ACAMS
CAMS · Question #147
Which of the following reflect money laundering risk indicators in relation to a securities account? 1. A high level of activity in that securities account immediately followed by a high volume of…
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Which of the following reflect money laundering risk indicators in relation to a securities account? 1. A high level of activity in that securities account immediately followed by a high volume of securities transactions. 2. Frequent wire transfers into an account immediately followed by debit card transactions. 3. Frequent wire transfers into an account immediately followed by checks (cheques) or other payment instruments drawn on the account.
Options
- A1 and 2 only
- B1 and 3 only
- C2 and 3 only
- D1, 2, and 3
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Topics
#securities accounts#money laundering indicators#wire transfers#layering