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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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