Which two actions should Financial Intelligence Units (FIUs) take when submitting a request to another FIU?
(Choose two.)

• A.Send the same request to all FIUs
• B.Disclose the reason and purpose for the request
• C.Provide feedback on how the information was used
• D.Make best efforts to provide complete and factual information

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The bank for International Settlements provides the secretariat for which organization?

• A.The Basel Committee
• B.FATF
• C.The Wolfsberg Group
• D.The Egmont Group

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A long-term client of an insurance company makes changes to a policy that require payment of an additional lump sum. The amount payable is high, though within the client's means based on the KYC information collected. The payment is made via a company in another jurisdiction that is known to have lax AML controls.
Which indicator of suspicious activity is present?

• A.The payment was made via a company that appears to be owned and controlled by the client being insured.
• B.The payment was made via a company in a jurisdiction known to have lax AML controls.
• C.A long-term client wants a change to a policy that is already in force.
• D.The additional premium payable appears to be within the client's means based on the KYC information collected.

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Which are red-flag indicators of possible money laundering through online gambling? (Choose two.)

• A.The player deposits small amounts of funds into their online gambling account.
• B.The customer uses their credit card to fund an online gambling account.
• C.The customer logs on to the account from multiple countries.
• D.The player is identified as a Politically Exposed Person (PEP).
• E.The player opens several accounts under the same name using different IP addresses.

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The Basel Committee on Banking Supervision issued a paper in October 2001 in which it presented a Know Your Customer framework and recommended standards applicable to

• A.European Financial Institutions.
• B.banks in all countries.
• C.Offshore banking supervisors.
• D.Financial Intelligence Units.

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