ACAMS EXAM NEWEST 2025 ACTUAL EXAM TEST

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ACAMS EXAM NEWEST 2025 ACTUAL EXAM TEST

BANK| COMPLETE 300 REAL EXAM QUESTIONS AND

CORRECT DETAILED ANSWERS (VERIFIED

ANSWERS) ALREADY GRADED A+| ACAMS EXAM

PREP 2025 (BRAND NEW!!)

The process of sending mass emails to unsuspecting customers to obtain

personal identifiable information via trickery is known as:

• Spear phishing
• Voice phishing
• Bulk phishing
• SMS phishing - Correct Answer - Bulk phishing.

What are four key elements that a KYC program should contain according to the Basel Committee requirements?

• Customer onboarding, sanction monitoring, customer acceptance,

customer due diligence

• Customer identification, risk assessment, customer screening,

monitoring

• Customer onboarding, risk monitoring, customer acceptance,

enhanced due diligence.

• Customer identification, risk management, customer acceptance,

monitoring - Correct Answer - Customer Identification, Risk management, Customer acceptance, Monitoring.

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pg. 2 When a financial institution (FI) is requested to provide data and information to a law enforcement agency for matters related to financing

of terrorism, assistance:

• can be refused on the ground of bank secrecy.
• cannot be refused on the ground of bank secrecy.
• can be refused on the ground of tipping-off.
• cannot be refused on the ground of tipping-off. - Correct Answer -

Cannot be refused on the ground of bank secrecy.

Which customer action would an insurance company consider to be a red flag for money laundering?

• Concern over the cancellation of the policy
• Lack of concern about the cost of the policy
• Repayments are consistent with the source of income.
• Identifying beneficiaries of the policy. - Correct Answer - Concern

over the cancellation of the policy.

A Money Laundering Reporting Officer's (MLRO) lack of action led to deficiencies in the bank's AML program and a civil monetary penalty being levied against the MLRO. Why was this direct action taken against the MLRO?

• The MLRO is the only individual that can be held responsible for

AML program deficiencies.

• MLROs can be held to an individual accountability standard and face

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• The MLRO agreed to the civil penalty so that the bank would not be

found liable for the AML program deficiencies.

• Action was brought against the MLRO because banks cannot be

found liable for AML program deficiencies. - Correct Answer - MLROs can be held to an individual accountability standard and face potential penalties for contributing to AML program deficiencies

What type of information is received by government Financial Intelligence Units (FIUs)?

• STRs
• Client name screening results
• Compliance frameworks
• Politically Exposed Persons (PEPs) registrations - Correct Answer -

STRs

Which is a key goal of EU Directives on money laundering?

• Establish a consistent regulatory environment across the EU to

prevent money laundering.

• Address control of payments in EU countries to reduce money

laundering.

• Allow member states to discuss the draft legislation with the

cooperation of the EU Financial Intelligence Units (FIUs)

• Build a network of financial institutions (FIs) that work together to

prevent money laundering across the EU. - Correct Answer - Establish a consistent regulatory environment across the EU to prevent money laundering.

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pg. 4 A law enforcement agent is conducting an investigation into a possible

money laundering event. During the investigation, the officer will use:

• The follow the money approach.
• Confirmed evidence obtained from financial intelligence units.
• A process to identify suspicious activity.
• a risk-based approach alert generating system. - Correct Answer - The

follow the money approach.

An AML training program should include which requirement?

• New tellers should receive training after their first year on the

identification of suspicious or unusual activity.

• New lending staff should receive annual training on the preparation

of currency transaction reporting.

• New staff should receive training during employee orientation or

shortly thereafter on bank procedures.

• New operational staff should receive training shortly after hire on

currency transaction reporting exemptions. - Correct Answer - New staff should receive training during employee orientation or shortly thereafter on bank procedures.

A Money Laundering Reporting Officer (MLRO) was aware that a strategically important client of the bank was sending money to human traffickers. However, the MLRO did not report the activity to law enforcement or move to exit the relationship. What is the legal term for the activity the MLRO engaged in?

• Avoidance
• Circumvention
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