CAMS Exam Dumps | Which action by a prospective customer during the account opening process requires further investigation?

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Question 154/374

Which action by a prospective customer during the account opening process requires further investigation?

A. Providing a driver's license

B. Questioning reporting requirements

C. Listing a long-distance phone number

D. Expressing knowledge of the financial industry

Question List (374q): Question 1: A financial institution's (Fl's) policy is to apply enhanced...; Question 2: A bank maintains a relationship with a customer who owns a s...; Question 3: The Basel Committee on Banking Supervision published guideli...; Question 4: Which test should be included in a bank's Office of Foreign ...; Question 5: When should a financial institution (FI) exit a relationship...; Question 6: A suspicious transaction report filed on a car dealer struct...; Question 7: Which three elements should be considered in an institution'...; Question 8: Which red flags could indicate increased terror financing an...; Question 9: A recruitment manager in the human resources department of a...; Question 10: What should countries do to help prevent non-profit organiza...; Question 11: What are two requirements for monitoring and reporting suspi...; Question 12: Which primary international authoritative body designates sa...; Question 13: What is the primary action a financial institution should ta...; Question 14: Which of the following is a red flag indicating potential mo...; Question 15: Trusts established in certain offshore jurisdictions make go...; Question 16: An international bank is headquartered in Madrid, Spain, wit...; Question 17: Which three entities does the Third European Union Money Lau...; Question 18: What do Financial Action Task Force (FATF)-style regional bo...; Question 19: An existing customer has changed its business scope and juri...; Question 20: Which three are the most commonly used risk criteria?...; Question 21: According to Basel Committee on Banking Supervision's Custom...; Question 22: A bank in an offshore jurisdiction approaches an institution...; Question 23: The Wolfsberg Principles for Private Banking list circumstan...; Question 24: According to FinCEN, which red flags within a bank account m...; Question 25: Which red flags could indicate increased terrorist financing...; Question 26: A company is endorsing the execution of terrorism through di...; Question 27: A law enforcement agency is reviewing a suspicious transacti...; Question 28: Which information should be gathered as part of enhanced due...; Question 29: According to Basel Committee guidelines, which level of the ...; Question 30: The branch manager notices that a number of customers come i...; Question 31: Which requirement is included in the Fourth European Union D...; Question 32: When an existing customer becomes a politically exposed pers...; Question 33: A bank account is established for a new business customer. T...; Question 34: Three individuals enter a casino and use cash to purchase ch...; Question 35: According to the Financial Action Task Force 40 Recommendati...; Question 36: When an institution receives a document request from law enf...; Question 37: Which of the following scenarios warrants enhanced due dilig...; Question 38: Which of the following is the most likely reason for the Fin...; Question 39: The marketing department presents to an anti-money launderin...; Question 40: What should an effective anti-money laundering training prog...; Question 41: What action should a bank CEO's assistant take when the bank...; Question 42: Which method do terrorist financiers use to move funds witho...; Question 43: What does the Basel Committee's Customer Due Diligence for B...; Question 44: In May 2002, the Wolfsberg Principles on Private Banking wer...; Question 45: Bank A is located in Country A. 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Which of the following rep...; Question 162: What should an employee do after witnessing suspicious activ...; Question 163: The bank's internal financial intelligence unit (FIU) has re...; Question 164: Which step should financial institutions take when complying...; Question 165: A country that does not have strong predicate offenses and i...; Question 166: A bank received a subpoena regarding one of its clients. The...; Question 167: Which of the following corporate structures present a higher...; Question 168: When an institution files an STR with regard to a particular...; Question 169: Which of the following customer activities poses the highest...; Question 170: A customer has held an account at a local credit institution...; Question 171: Which two factors assist a money laundering investigation th...; Question 172: A bank provides trade financing for a company whose primary ...; Question 173: Why do governments and multi-national bodies impose economic...; Question 174: How should a financial institution respond to a verbal reque...; Question 175: When performing a risk assessment, which factors should be c...; Question 176: According to the Basel Committee on Banking Supervision, ban...; Question 177: Which three conduits for moving terrorist-related funds do t...; Question 178: Law enforcement is conducting an investigation of a financia...; Question 179: An EU Trust and Company Service Provider (TCSP) analyst noti...; Question 180: Which statement is the most accurate in describing who must ...; Question 181: A country that does not have strong predicate offenses and i...; Question 182: How can a 'free-look provision' as part of a life insurance ...; Question 183: A banker in the credit department wants to assess the risk o...; Question 184: A new business opened an account at a bank. 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Within th...; Question 262: A startup virtual currency exchange has registered as a mone...; Question 263: A United States (U.S.) bank was recently alerted by law enfo...; Question 264: Which section of the USA PATRIOT Act relates to forfeiture o...; Question 265: Which risks are involved in a correspondent banking client's...; Question 266: A customer living in a high-risk jurisdiction makes frequent...; Question 267: During an ongoing investigation into a client's activities b...; Question 268: A Trust and Company Service Provider (TCSP) providing servic...; Question 269: Which red flag is most relevant to money laundering through ...; Question 270: The regulators of a US financial institution find that the i...; Question 271: What are the rules imposed by the Office of Foreign Assets C...; Question 272: Which type of sanctions are likely to be used first in order...; Question 273: Gatekeepers, including accountants, can be well-positioned t...; Question 274: An international bank is investigating a payment requested b...; Question 275: Which two channels can be utilized during a cross-border mon...; Question 276: A branch manager for a small community bank has a new custom...; Question 277: Which scenario should be escalated as potentially suspicious...; Question 278: What does the Egmont Group's support for its members include...; Question 279: Which are red-flag indicators of possible money laundering t...; Question 280: A compliance officer provides an overview of the bank's anti...; Question 281: In addition to monitoring for suspicious activity, what are ...; Question 282: According to the Financial Action Task Force, which action m...; Question 283: A new compliance officer is reviewing the bank's anti-money ...; Question 284: Which changes at a financial institution (FI) should trigger...; Question 285: What are the roles of a government Financial Intelligence Un...; Question 286: Which are social/economic consequences of money laundering? 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