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CAMS · Question #305

CAMS Question #305: Real Exam Question with Answer & Explanation

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Question

How should a financial institution deter money laundering through new accounts? Choose 3 answers

Options

  • ADocument the identity of the party opening the account
  • BQuery owner's names against FATF database
  • CDetermine the beneficial owner(s) of the account
  • DSeek to determine the source of deposited funds

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How should a financial institution deter money laundering through... | CAMS Q#305 Answer | NerdExam