ACAMS
CAMS · Question #325
In the FATF 40 recommendations, the focus of AML efforts has been expanded beyond Financial Institutions. Which three businesses and/or professions are covered? Choose 3 answers
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
In the FATF 40 recommendations, the focus of AML efforts has been expanded beyond Financial Institutions. Which three businesses and/or professions are covered? Choose 3 answers
Options
- Acasinos, when customers engage in financial transactions equal to or above a designated
- BReal estate agents when they are involved in transactions for clients concerning buying and
- CDealers in art, when they engage in any cash transaction with a customer at or above a
- DTrust and company service providers
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Topics
#FATF 40 recommendations#DNFBPs#designated non-financial businesses#covered entities