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CAMS · Question #253

CAMS Question #253: Real Exam Question with Answer & Explanation

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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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