Ed Bell Ed Bell's Profile Page

Ed Bell Ed Bell

0 Course Enrolled • 0 Course Completed

Biography

Place Your Order and Download ACAMS CKYCA Actual Questions Instantly

BONUS!!! Download part of ActualPDF CKYCA dumps for free: https://drive.google.com/open?id=1bDmbg5Ffwo43BTpzlBN_uxPuhPGPjyhb

our experts have rewritten the textbooks according to the exam outline of CKYCA, and have gathered all the key difficulties and made key notes, so that you can review them in a centralized manner. Experts also conducted authoritative interpretations of all incomprehensible knowledge points through examples and other methods. The expressions used in CKYCA Learning Materials are very easy to understand. Even if you are an industry rookie, you can understand professional knowledge very easily. The CKYCA training torrent will be the best study guide for you to obtain your certification.

The Association of Certified Anti Money Laundering (ACAMS) is an internationally recognized organization that specializes in training and certifying individuals in the field of anti-money laundering (AML) and financial crime prevention. The ACAMS Certified Know Your Customer Analyst (CKYCA) certification is one of the most prestigious AML certifications available, and is designed for professionals who are responsible for ensuring compliance with AML regulations and preventing financial crime within their organizations.

>> Valid Braindumps CKYCA Files <<

2025 Pass-Sure Valid Braindumps CKYCA Files Help You Pass CKYCA Easily

Our CKYCA real exam is written by hundreds of experts, and you can rest assured that the contents of the CKYCA study materials are contained. After obtaining a large amount of first-hand information, our experts will continue to analyze and summarize and write the most comprehensive CKYCA learning questions possible. And at the same time, we always keep our questions and answers to the most accurate and the latest.

ACAMS CKYCA Certification program covers a broad range of topics related to AML and KYC compliance, including customer due diligence, risk assessment, transaction monitoring, suspicious activity reporting, and regulatory compliance. The program is designed to provide professionals with practical knowledge and skills that can be applied in their day-to-day work to prevent money laundering activities.

ACAMS Association of Certified Anti Money Laundering Sample Questions (Q101-Q106):

NEW QUESTION # 101
During the onboarding process of a new customer, it is noted that the customer is a politically exposed person opening a private banking account and has a foreign passport. Which statement best describes the industry best practice for the institution?

A. Simplified monitoring is required per the customer risk criteria.
B. Simplified monitoring should occur on a yearly basis.
C. Mandatory periodic review should occur on at least an annual basis
D. Enhanced monitoring may be decided on by the business line manager.

Answer: C

NEW QUESTION # 102
Company A is owned by Company B (80%) and Individual W (20%). Company B is owned equally by Company C and Individual X.
Company C is owned by Individual Y (60%), Individual W (10%) and Individual Z (30%).
Who should be considered as a beneficial owner of Company A with more than 25% shares?

A. Individual W
B. Individual Z
C. Individual Y
D. Individual X

Answer: C

Explanation:
Individual Y owns 60% of Company C, which owns 50% of Company B, which owns 80% of Company A.
Y's indirect ownership in Company A = 60% × 50% × 80% = 24%.
Additionally, Company B's other owner, Individual X, has 50% of Company B, giving X an indirect stake of 40% in Company A, but X has no further upstream ownership through C.
FATF guidance states that indirect and direct holdings should be combined where applicable. Y's 24% does not meet the 25% threshold alone, so none of the others qualify - except if local regulation treats control via majority in an intermediate entity as passing through. In that case, Y controls Company C, which controls 50% of Company B, giving effective control over 40% of Company A - meeting the threshold.

NEW QUESTION # 103
The Source of Funds and the Source of Wealth must be? (SELECT 2)

A. Consistant.
B. Verified.
C. Provided
D. Explained.

Answer: B,D

NEW QUESTION # 104
What is the Third Line of Defense? (TLOD)

A. The ________ line of defense is internal audit. They perform an independent review of the controls applied by the lines of defense.
B. The _______ line of defense is also known as the front line, these customer-facing employees are best-equipped to get the information you need for your customer due diligence. Can include Operations, risk, and control teams.
C. The _______ line of defense is the compliance and internal control functions. That includes the chief money laundering reporting officer, or MLRO, in charge of managing and monitoring AML and CFT activities.

Answer: A

NEW QUESTION # 105
Secondary identification is often used to cross-verify the primary form of identification and to cross-verify information provided by the customer.
What is an example of secondary identification? (SELECT 2)

A. Audited Statements.
B. Online Registry.
C. Utility Bill.
D. Articles of Incorporation.

Answer: A,C

NEW QUESTION # 106
......

CKYCA Latest Practice Materials: https://www.actualpdf.com/CKYCA_exam-dumps.html

P.S. Free & New CKYCA dumps are available on Google Drive shared by ActualPDF: https://drive.google.com/open?id=1bDmbg5Ffwo43BTpzlBN_uxPuhPGPjyhb

Ed Bell Ed Bell

Biography

Quick Links

Resources

Support