What is a major economic consequence of money laundering through the use of front companies?

• A.Placing more emphasis on manufacturing
• B.Weakening of the legitimate private sector
• C.Creating a more competitive pricing environment
• D.Aligning management principles between criminal enterprises and legitimate businesses

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A company is endorsing the execution of terrorism through different activities, such as developing content for pro-terrorist television messages, encouraging the support of terrorist activities via the web, advertising the use of cryptocurrencies, and paying producers and reporters for television and web messaging. What specific action should be considered financing of terrorism?

• A.Encouraging supportive web messages
• B.Paying producers and reporters for television and web messaging
• C.Developing pro-terrorist content
• D.Advertising the use of cryptocurrencies

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How does the Egmont Group assist financial intelligence unit members to accomplish their goals? (Select Three.)

• A.Provides support to expand and systematize cooperation related to the reciprocal exchange of information
• B.Fosters better and secure communication through the application of technology
• C.Develops official lists of suspected terrorists on a globally coordinated basis by relevant authorities
• D.Encourages operational autonomy of financial intelligence units
• E.Maintains uniform global formats for funds transfers that assist in the detection of money laundering
• F.Supplies information on the common money laundering tactics used by terrorists and financial supporters of terrorism

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A charity has unaudited accounts. Which of the following represents the highest risk factor for terrorist financing?

• A.Frequent deposits from third parties into the charity's bank account.
• B.An international board composed of politically exposed persons.
• C.Frequent changes to the senior management of the charity.
• D.Disbursement of funds to entities unrelated to the purpose of the charity.

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A US casino customer has won 55,518 USD. The customer goes to the casino cashier cage to execute some transactions. Which ^transactions are an indicator of money laundering? (Select Two.)

• A.The customer transfers 100.000 USD to another personal bank account located outside the customer's resident country,
• B.The customer requests the cashing out of the winnings in checks under 10.000 USD.
• C.The customer transfers all the winnings to another personal bank account located outside the customer's resident country.
• D.The customer requests the cashing out of the winnings in a single check.
• E.The customer transfers 50.000 USD to another personal bank account located in the customer's resident country.

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