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CAMS · Question #516

CAMS Question #516: Real Exam Question with Answer & Explanation

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Question

According to the Financial Action Task Force, as part of their risk assessment, which are important data and information that a Trust and Company Service Provider must understand when establishing and administering a trust? (Select Two.)

Options

  • AThe responsibility and authority in the structure
  • BThe management structure of the trust
  • CThe source of funds in the structure
  • DThe general purpose behind the structure
  • EThe general nature of business of the trust

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