Acams CAMS Exam - Topic 1 Question 107 Discussion

Actual exam question for Acams's CAMS exam

Question #: 107
Topic #: 1

[All CAMS Questions]

Which of the following serves as an example of a successful public-private partnership (PPP)?

AThe Financial Action Task Force (FATF)

BThe AUSTRAC Fintel Alliance

CThe Egmont Group

DThe Wolfsberg Group

Show Suggested Answer

Suggested Answer: B

The AUSTRAC Fintel Alliance is a successful example of a public-private partnership (PPP). It brings together government agencies and private sector organizations to collaborate on detecting, preventing, and disrupting financial crime through shared intelligence, technology, and expertise.

by Leslie at Jan 05, 2026, 05:16 AM

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Linwood

3 months ago

I feel like B is the clear answer. It has real-world impact on financial crime.

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Sharan

3 months ago

A and C are interesting too, but they don't fit the PPP model as well.

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Arlene

3 months ago

I agree, B seems strong. It combines public and private sectors effectively.

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Arminda

3 months ago

I think B is the best choice. The Fintel Alliance really shows collaboration.

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Catina

4 months ago

C and D are more about cooperation, not really PPPs.

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Quiana

4 months ago

I thought A was a PPP too, interesting!

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Rodolfo

4 months ago

Wait, are we sure B is the best example?

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Karl

4 months ago

Totally agree, B is the right choice!

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Tamra

4 months ago

B) The AUSTRAC Fintel Alliance is a solid example of a PPP.

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Harley

4 months ago

The Wolfsberg Group? More like the Woof-sberg Group, am I right? *wink wink*

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Whitley

5 months ago

The FATF is a good example too, as it's an intergovernmental organization with both public and private sector members.

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Ceola

5 months ago

I think the Egmont Group is the best answer here, as it's a global network of financial intelligence units working together.

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Audria

5 months ago

The Wolfsberg Group is an interesting choice, as it's a collaboration between major banks to develop industry standards.

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Kara

6 months ago

The AUSTRAC Fintel Alliance is a great example of a successful PPP, bringing together public and private entities to combat financial crime.

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Dalene

6 months ago

I’m leaning towards the AUSTRAC Fintel Alliance as well, but I wonder if the others could also fit the definition of a PPP.

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Adell

6 months ago

I practiced a question similar to this, and I think the FATF was more about international cooperation rather than a true PPP.

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Ma

6 months ago

I feel like the Egmont Group might be a good example too, but I can't recall the specifics of their partnerships.

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Carolynn

6 months ago

I think I remember that the AUSTRAC Fintel Alliance is often cited as a successful PPP, but I'm not entirely sure why.

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Shad

7 months ago

Alright, time to put my critical thinking skills to the test. I'll carefully consider each option and try to identify the one that best fits the PPP criteria.

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