The supply of goods and services can be vulnerable to corruption within a company, particularly the solicitation and receipt of bribes and kickbacks, because: (Choose two.)

• A.certain contractors may receive preferential treatment, allowing them opportunities to inflate margins during the tender process
• B.unsuccessful bidders are informed of decisions and provided detailed justifications for awarding the contracts
• C.procurement and contracting processes involve the management of the tender process, which may lack sufficient oversight
• D.bids are solicited and disseminated to a wide audience through advertising and other channels.

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Which statement best describes an organizational challenge for law enforcement agencies and Financial Intelligence Units (FIUs) when conducting cross-border money laundering (ML) investigations?

• A.Defining a common communication approach and language between all involved parties.
• B.Delays in the investigation due to a foreign FIU awaiting the results of queries performed by third parties.
• C.Conducting an investigation in all countries through which ML funds were transferred when one or more of the countries do not have an FIU.
• D.Investigations which involve high-ranking politicians, who often have influence over the local FIU.

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How can public-private partnerships (PPPs) foster collaboration in the fight against financial crime? (Choose two.)

• A.Developing a culture of compliance
• B.Improving governance in the public sector by requesting feedback from financial institutions
• C.Reducing transaction monitoring false positives for all financial institutions
• D.Improving the quality and quantity of data available for analysis by sharing information

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Unusual wire transfer transactions can include: (Choose two.)

• A.wire transfers in different currencies between accounts held at different banks for the same client.
• B.an incoming third-party wire transfer followed by the purchase of real estate in the client's name.
• C.an incoming wire transfer followed by the loan payment to a third party that is a business associate of the client.
• D.multiple wire transfers sent to counterparties associated with the client as per KYC documentation.

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Which of the following attributes would enhance an AML program's effectiveness?

• A.Providing basic AML training to all employees
• B.An AML officer being appointed to the board as a working member of management with increased authority
• C.Auditors providing prescriptive guidance and support to the program following a less than satisfactory audit
• D.Providing effective challenge with AML staff and continuous cross-training

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