What are the regulatory risks to a bank employee who willfully violates anti-money laundering laws?

• A.Investigation and reputational damage
• B.Fines and suspension from the industry
• C.Criminal investigation and imprisonment
• D.Enforcement actions including fines against the financial institution

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According to the Second European Union Money Laundering Directive, what may knowledge of criminal conduct be inferred from?

• A.Subjective, non-factual circumstances
• B.Subjective, factual circumstances
• C.Objective, non-factual circumstances
• D.Objective, factual circumstances

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In which two ways do Financial Action Task Force-style regional bodies influence anti-money laundering and terrorist financing standards within their respective regions? (Choose two.)

• A.They require participating countries to adopt laws in line with their recommendations.
• B.They issue typologies specific to their geographical region.
• C.They enforce the laws of the member countries in their geographic region.
• D.They administer mutual evaluations of participating members.

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Which three are the most commonly used risk criteria?

• A.Country Risk
• B.Reputation Risk
• C.Product and Service Risk
• D.Customer Risk

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Which three stages of money laundering are on-line banking vulnerable to?

• A.Layering
• B.Integration
• C.Placement
• D.Structuring

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