ACAMS
CAMS · Question #272
A benefit of using bearer shares in corporate formations is that bearer shares are:
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Risks and Methods of Money Laundering and Terrorist Financing
Question
A benefit of using bearer shares in corporate formations is that bearer shares are:
Options
- Awidely accepted in the financial world.
- Bentered in the register of owners.
- Cassociated with lower costs in setting up a company.
- Deasily transferred so the holder claims ownership.
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Topics
#bearer shares#corporate structures#beneficial ownership obscurement#money laundering vehicles