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CAMS · Question #366

CAMS Question #366: Real Exam Question with Answer & Explanation

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Question

Which actions are involved when a prosecutor instructs a bank to freeze the assets and bank accounts held by one of its clients? (Choose three.)

Options

  • AInform other banks in the same geographical area to freeze the client's assets if they are a
  • BExtend the account and asset freeze to the client's family members as a precautionary measure.
  • CEnsure the client and beneficiaries are unable to access any frozen assets during the freeze
  • DThe institution does not need to comply with the request if the client's assets make the task
  • EAn affidavit must accompany the freeze order for the bank to comply with the request.
  • FThe institution should obtain a copy of the court order to freeze the assets of the named

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