CAMS Exam Dumps | Which principles of the Egmont Group of Financial Intelligence Units (Fills) are aimed at maximizing

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Question 205/292

Which principles of the Egmont Group of Financial Intelligence Units (Fills) are aimed at maximizing cooperation between FlUs to more effectively combat money laundering? (Select Two.)

A. Eliminating spontaneous information sharing between FlUs to reduce the burden of excess investigative work.

B. Information exchange should take place informally, without too many formal prerequisites.

C. FIU cooperation should always be channeled through designated intermediaries.

D. Formal Egmont Group membership requirements ensure a high commitment of the eligible FlUs.

E. It is within an FlU's authority to sign Memorandums of Understanding independently.

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