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Download Certified Anti-Money Laundering Specialists Exam Dumps
NEW QUESTION 38
Federal law requires all U.S. financial institutions to secure and maintain all records and supporting documentation used m suspicious activity reporting for how many years?
- A. No requirement
- B. 10 years
- C. 2 years
- D. 5 years
Answer: D
NEW QUESTION 39
To ensure that an institution's anti-money laundering program is current, which step should be taken?
- A. The program should be reviews by a federal law enforcement officer for gaps in controls
- B. The program should be sent to the institution's government regulator on a periodic basis
- C. The program should be evaluated and updated at least every six months be the Board of Directors
- D. The program should be reassessed at least annually
Answer: D
NEW QUESTION 40
To ensure that an institution's anti-money laundering program is current, which step should be taken?
- A. The program should be reviews by a federal law enforcement officer for gaps in controls
- B. The program should be sent to the institution's government regulator on a periodic basis
- C. The program should be evaluated and updated at least every six months be the Board of Directors
- D. The program should be reassessed at least annually
Answer: D
NEW QUESTION 41
What are two sources for maintaining up-to-date sanctions information? (Choose two.)
- A. U.S. Department of the Treasury Office of Foreign Assets Control
- B. Financial Action Task Force's list of High Risk and Non-Cooperative Jurisdictions
- C. U.S. Department of the Treasury - Section 311 - Special Measures
- D. U.S. Federal Bureau of Investigation's National Security Letters
Answer: A,C
NEW QUESTION 42
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