Acams Exam CAMS-FCI Topic 1 Question 18 Discussion

Actual exam question for Acams's CAMS-FCI exam

Question #: 18
Topic #: 1

How does the Financial Action Task Force (FATF) measure the effectiveness of a country's efforts to combat money laundering and terrorist financing?

AMutual evaluation

BFATF Evaluation Committee

CBasel Committee

DSeries of internal audits followed by reporting to FATF

Show Suggested Answer

Suggested Answer: A

'The FATF measures the effectiveness of a country's efforts to combat money laundering and terrorist financing through a mutual evaluation process. During a mutual evaluation, the FATF assesses a country's legal and institutional framework, its implementation of measures to combat money laundering and terrorist financing, and the effectiveness of its efforts. The FATF then issues a report with recommendations for improvement' [CAMS Study Guide 6th edition, page 15-16].

by Enola at Jul 14, 2025, 04:02 AM

Limited Time Offer

25%

Off

Get Premium CAMS-FCI Questions as Interactive Web-Based Practice Test or PDF