ACAMS
CAMS · Question #501
CAMS Question #501: Real Exam Question with Answer & Explanation
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Question
Which principles of the Egmont Group of Financial Intelligence Units (Fills) are aimed at maximizing cooperation between FlUs to more effectively combat money laundering? (Select Two.)
Options
- AEliminating spontaneous information sharing between FlUs to reduce the burden of excess
- BInformation exchange should take place informally, without too many formal prerequisites.
- CFIU cooperation should always be channeled through designated intermediaries.
- DFormal Egmont Group membership requirements ensure a high commitment of the eligible FlUs.
- EIt is within an FlU's authority to sign Memorandums of Understanding independently.
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