ACAMS
CAMS · Question #444
CAMS Question #444: Real Exam Question with Answer & Explanation
The correct answer is B. Financial Intelligence Units. Financial Intelligence Units (FIUs) are the primary channels for sharing financial intelligence both within countries and across borders. FIUs cooperate with each other and other relevant law enforcement, regulatory, or intelligence agencies in the fight against money laundering,
Question
Which regulatory bodies cooperate when dealing with cross-border suspicious or unusual financial activity investigations?
Options
- AEuropean Commissions
- BFinancial Intelligence Units
- CWolfsberg Groups
- DFinancial Action Task Forces
Explanation
Financial Intelligence Units (FIUs) are the primary channels for sharing financial intelligence both within countries and across borders. FIUs cooperate with each other and other relevant law enforcement, regulatory, or intelligence agencies in the fight against money laundering, terrorism financing, and other financial crimes.
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