ACAMS
CAMS · Question #842
CAMS Question #842: Real Exam Question with Answer & Explanation
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Question
Which of the following accurately describes the economic, reputational and social consequences of money laundering (ML) and the risks and consequences of violating AFC regulations? (Choose two.)
Options
- AML undermines the integrity and stability of financial systems and makes them vulnerable to
- BWhen a financial institution (FI) is found to be promoting ML or violating AFC regulations, this can
- CWhen laundered funds flow into legitimate economies, they can be used for illegal purposes, such
- DJurisdictions perceived as having insufficient ML measures might be identified as uncooperative
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