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CAMS · Question #971

CAMS Question #971: Real Exam Question with Answer & Explanation

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Question

Which money laundering risks are posed by the misuse of trust and asset management services? (Select Three.)

Options

  • AConcealing sources of funds
  • BAllowing for third-party custody safekeeping of funds
  • CAdding a layer of anonymity to transactions
  • DConcealing true legal and beneficial owners
  • EEstablishing escrow accounts for real estate transactions

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