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CAMS · Question #921

CAMS Question #921: Real Exam Question with Answer & Explanation

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Question

According to the Financial Action Task Force (FATF) Recommendation 22. when involved in customer transactions that include the buying and selling of real estate, real estate professionals are required to apply which customer due diligence (CDD) measures? (Select Two.)

Options

  • AObtaining prior senior manager approval for all related transactions
  • BUnderstanding the purpose of the business relationship
  • CPerforming adverse media searches on the customer
  • DIdentifying and verifying the customer's identity

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According to the Financial Action Task Force (FATF) Recommendation... | CAMS Q#921 Answer | NerdExam