ACAMS
CAMS · Question #96
Which two statements are true regarding the European Union Money Laundering Directives? (Choose two.)
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
Which two statements are true regarding the European Union Money Laundering Directives? (Choose two.)
Options
- AThey apply to member states of the European Union
- BThey require member states to enact laws and/or regulations to comply with the directives
- CThey set forth non-binding best practices for financial institutions within the member states
- DThey have extraterritorial impact and apply to states that have diplomatic relations with member
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Topics
#EU AML Directives#member state obligations#binding requirements#regulatory framework