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Question 397

Which private banking situation requires due diligence actions to be implemented according to the
AML principles of the Wolfsberg group?

  • A. A local wealthy individual wants to become a customer of a local retail bank.
  • B. A beneficial owner of an exchange house wants to open an account with the bank.
  • C. A wealthy individual from a high-risk country wants to open an account with a private bank. Most Votes
  • D. A new customer asks to set up an exchange house using the bank as the correspondent.
Answer:

C


User Votes:
A 4 votes
50%
B 16 votes
50%
C 134 votes
50%
D 49 votes
50%
Discussions
0 / 1000
tinaguha
1 year, 3 months ago

A wealthy individual from a high-risk country wants to open an account with a private bank.

neginarotam
1 year, 1 month ago

C. A wealthy individual from a high-risk country wants to open an account with a private bank.

laneshapenrose
1 year, 1 month ago

C is my answer

AnaA.
1 year, 1 month ago

B. Un bénéficiaire effectif d’une maison de change souhaite ouvrir un compte auprès de la banque.
C. Un riche particulier originaire d’un pays à haut risque souhaite ouvrir un compte auprès d’une banque privée.
D. Un nouveau client demande à créer un bureau de change en utilisant la banque comme correspondant.

adnan_shaikat
1 year, 1 month ago

C. A wealthy individual from a high-risk country wants to open an account with a private bank.

Sheila
12 months ago

A wealthy individual from a high-risk country wants to open an account with a private bank.

sunnyvarughese
11 months, 1 week ago

wealthy individual from a high-risk country wants to open an account with a private bank.

sunnyvarughese
11 months, 1 week ago

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sunnyvarughese
11 months, 1 week ago

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sunnyvarughese
11 months, 1 week ago

wealthy individual from a high-risk country wants to open an account with a private bank.

dion_loef
8 months ago

C. A wealthy individual from a high-risk country wants to open an account with a private bank.

linhnguyen1811
6 months, 2 weeks ago

Certified Anti-Money Laundering Specialist Version 6.48, pag 216: People residing in and/or having funds from high-risk countries, including countries “identified by credible sources as having inadequate anti-money laundering standards or representing high-risk for crime and corruption.”

ndhami
4 months, 1 week ago

A wealthy individual from a high-risk country wants to open an account with a private bank.