ACAMS
CAMS · Question #253
Which three measures are contained in Financial Action Task Force 40 Recommendations for reporting suspicious activity? (Choose three.)
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
Which three measures are contained in Financial Action Task Force 40 Recommendations for reporting suspicious activity? (Choose three.)
Options
- AThe activity should be reported promptly to the country's financial intelligence unit.
- BThe financial institution has been contracted by law enforcement regarding the activity.
- CThe financial institution has grounds to believe the activity is related to terrorist financing.
- DThe financial institution has contacted the account holder to determine the activity of the account.
- EThe financial institution has reasonable grounds to suspect the funds are proceeds of criminal
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Topics
#FATF 40 Recommendations#suspicious activity reporting#FIU reporting#terrorist financing