Free ACAMS CKYCA Exam Dumps Questions & Answers

Which documents rates countries based on their money laundering controls and corruption? (SELECT 2)

• A.  Financial Action Task Forces red flags related to jurisdiction risk
• B.  US State Department's annual International Narcotics Control Strategy Report
• C.  Transparency International's Corruption Perceptions Index
• D.  United Nations report on Money Laundering Controls
• E.  Transparency International's Corruption Perceptions Index

What is an example of secondary identification in a customers CIP program? (SELECT 3)

• A.  Identification from a utility company.
• B.  Identification from a registry of secretary of state.
• C.  Identification from securities and exchange commission. (SEC)
• D.  Identification from another financial institution.
• E.  Identification from a college.

A corporate client changes directors and the address of its registered office. Which documentation would be sufficient to verify these changes?

• A.  Signed letter from the client's secretary describing the changes
• B.  Government-issued documents indicating the changes
• C.  Printout of the client's website where the changes are announced
• D.  Notes from a phone call with client representatives who mention the changes

Usually, the risk associated with the customer can be higher if the customer is nonresident?

• A.  No
• B.  Yes
• C.  Depends

Data must be secure so that it cannot be hacked, stolen, or misused for other purposes?

• A.  Depends on the specifics.
• B.  False
• C.  True