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[General] 100% Pass 2026 ACAMS CAMS Latest Review Guide

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【General】 100% Pass 2026 ACAMS CAMS Latest Review Guide

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The CAMS Certification is an essential credential for professionals working in the AML industry. It provides individuals with the knowledge and skills they need to effectively combat money laundering and terrorist financing. Additionally, the certification is recognized worldwide and is highly valued by employers in the financial services industry.
ACAMS Certified Anti-Money Laundering Specialists (the 6th edition) Sample Questions (Q194-Q199):NEW QUESTION # 194
In the FATF 40 recommendations, the focus of AML efforts has been expanded beyond Financial Institutions.
Which three businesses and/or professions are covered? Choose 3 answers
  • A. casinos, when customers engage in financial transactions equal to or above a designated Threshold
  • B. Trust and company service providers
  • C. Real estate agents when they are involved in transactions for clients concerning buying and selling properties
  • D. Dealers in art, when they engage in any cash transaction with a customer at or above a designated threshold
Answer: A,B,C
Explanation:
Explanation
Expanded coverage of industries :
* casinos when customers engage in financial transactions equal to or above a designated threshold.
* real estate agents when they are involved in transactions for clients concerning buying and selling properties
* dealers in precious metals and stones when they engage in any cash transaction with a customer at or above a designated threshold
* lawyers, notaries and independent legal professionals and accountants when they prepare or carry out transactions for clients concerning buying and selling real estate; managing client money, securities or other assets; establishing or managing bank, savings or securities accounts; organizing contributions for the creation or management of companies; creating, operating or managing legal persons or arrangements and buying and selling businesses
* trust and company service providers when they prepare or carry out transactions for a client concerning certain activities

NEW QUESTION # 195
Combating the Financing of Terrorism (CFT)]
The Egmont Group is a world wide organization of
  • A. law enforcement authorities.
  • B. financial intelligence units.
  • C. banking regulators.
  • D. central banks.
Answer: B
Explanation:
The Egmont Group is a global network of 170 financial intelligence units (FIUs) that facilitate the exchange of information and cooperation among member FIUs to combat money laundering, terrorist financing, and associated predicate offences12. FIUs are national agencies that collect, analyze, and disseminate financial intelligence to relevant authorities3. The Egmont Group supports the implementation of international standardsand best practices for FIUs, provides training and technical assistance, and promotes the development of secure and effective communication channels12.
:
Egmont Group website
Egmont Group of Financial Intelligence Units - Wikipedia
ACAMS CAMS Study Guide (the 6thedition), Chapter 5: The Role of the Financial Intelligence Unit in Combating Money Laundering and Terrorist Financing, page 1532

NEW QUESTION # 196
According to the Financial Action Task Force Special Recommendations on Terrorist Financing, which of the following should an anti-money laundering specialist do if the specialist has reasonable grounds to suspect funds are linked or related to terrorist acts?
  • A. Conduct a full due diligence review of the client.
  • B. Promptly report to the competent authority.
  • C. Inform the institution's managing Board.
  • D. Contact the institution's legal advisor.
Answer: B
Explanation:
According to the Financial Action Task Force (FATF) Special Recommendation IV, if financial institutions, or other businesses or entities subject to anti-money laundering obligations, suspect or have reasonable grounds to suspect that funds are linked or related to, or are to be used for terrorism, terrorist acts or by terrorist organisations, they should be required to report promptly their suspicions to the competent authorities1. This is consistent with the FATF Recommendation 20, which requires the same reporting obligation for money laundering and the financing of proliferation of weapons of mass destruction2. Reporting suspicious transactions related to terrorism is a key measure to detect, prevent and suppress the financing of terrorism and terrorist acts, and to facilitate international cooperation and information exchange.
References:
1: The FATF Recommendations - Financial Action Task Force
2: IX Special Recommendations - Financial Action Task Force

NEW QUESTION # 197
When an institution files an STR with regard to a particular account, what steps should the institution take visa account?
  • A. The institution should close the account due to the obvious risk it represents
  • B. The institution should keep the account open due to the need to continue to monitor the account
  • C. The institution should consult its counsel and AML compliance officer and determine whether closing the account is in accord with the institution's procedures
  • D. The institution should not close the account due to the risk of tipping off the customer and upsetting the criminal investigation
Answer: C
Explanation:
According to the ACAMS Study Guide, 6th Edition, page 184, "The decision to close an account should be made in consultation with the institution's legal counsel and AML compliance officer, and in accordance with the institution's policies and procedures." Closing an account may not always be the best option, as it may trigger the customer's suspicion, interfere with law enforcement investigations, or expose the institution to legal risks. Therefore, the institution should carefully weigh the pros and cons of closing an account, and follow its own internal guidelines.
Reference:
ACAMS Study Guide, 6th Edition, page 184
What steps should the institution take? - Exam4Training
Suspicious Transaction Report (STR) / Suspicious Activity Report (SAR) | AML-CFT

NEW QUESTION # 198
Which situation is the highest risk for money laundering and terrorist financing activity?
  • A. A customer purchases casino chips using credit from an account at an affiliated casino and engages in significant game play before redeeming the chips for a
  • B. A customer purchases casino chips and engages in significant game play before requesting a casino check for the remainder
  • C. A customer purchases casino chips, using small denomination bank notes, but does not engage in game play before redeeming the chips for a casino check
  • D. A customer purchases casino chips using a credit card and engages in minimal game play before redeeming the chips for a casino check
Answer: C
Explanation:
According to the Anti-Money Laundering Specialist (the 6th edition) resources, the situation that is the highest risk for money laundering and terrorist financing activity is A. A customer purchases casino chips, using small denomination bank notes, but does not engage in game play before redeeming the chips for a casino check. This is because this situation may indicate some red flags of money laundering, such as:
* Using small denomination bank notes, which may be an attempt to avoid detection or reporting by the casino or the authorities, as large amounts of cash are usually associated with criminal activity1.
* Not engaging in game play, which may indicate a lack of interest in gambling and a sole purpose of exchanging cash for a casino check, which is a more legitimate and less traceable form of payment2.
* Redeeming the chips for a casino check, which may be a way of laundering the cash through the casino, as the check can be deposited into a bank account or cashed at another location, without revealing the source of the funds3.
The other three options are less risky because:
* B. A customer purchases casino chips and engages in significant game play before requesting a casino check for the remainder is less risky, as it may indicate a genuine interest in gambling and a legitimate source of funds. However, this situation may still require further investigation and verification, as some money launderers may use gambling as a cover for their illicit activities, or may use the casino check as a way of transferring funds to another jurisdiction or person4.
* C. A customer purchases casino chips using a credit card and engages in minimal game play before redeeming the chips for a casino check is less risky, as it may indicate a low level of funds involved and a traceable source of funds. However, this situation may still require further investigation and verification, as some money launderers may use credit cards to obtain cash advances from the casino, or may use the casino check as a way of repaying their credit card debt or transferring funds to another jurisdiction or person.
* D. A customer purchases casino chips using credit from an account at an affiliated casino and engages in significant game play before redeeming the chips for a casino check is less risky, as it may indicate a regular and loyal customer of the casino and a legitimate source of funds. However, this situation may still require further investigation and verification, as some money launderers may use credit from an affiliated casino to avoid carrying cash or using credit cards, or may use the casino check as a way of transferring funds to another jurisdiction or person.
References:
1: ACAMS, CAMS Study Guide, 6th Edition, Chapter 5, p. 106 2: ACAMS, CAMS Study Guide, 6th Edition, Chapter 5, p. 110 3: ACAMS, CAMS Study Guide, 6th Edition, Chapter 5, p. 110 4: ACAMS, CAMS Study Guide, 6th Edition, Chapter 5, p. 110 : ACAMS, CAMS Study Guide, 6th Edition, Chapter 5, p.
110 : ACAMS, CAMS Study Guide, 6th Edition, Chapter 5, p. 110

NEW QUESTION # 199
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