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Acams Exam CAMS Topic 1 Question 97 Discussion

Actual exam question for Acams's CAMS exam
Question #: 97
Topic #: 1
[All CAMS Questions]

Which regulatory bodies cooperate when dealing with cross-border suspicious or unusual financial activity investigations?

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Suggested Answer: B

Financial Intelligence Units (FIUs) are the primary channels for sharing financial intelligence both within countries and across borders. FIUs cooperate with each other and other relevant law enforcement, regulatory, or intelligence agencies in the fight against money laundering, terrorism financing, and other financial crimes.


by Sharan at Apr 09, 2025, 01:16 PM

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Julio
2 months ago
B) Financial Intelligence Units - bingo! These guys are like the financial equivalent of the X-Files, always on the trail of the shady stuff. Gotta love 'em.
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Sunshine
1 months ago
It's like a global network of financial detectives working together to combat money laundering and terrorism financing.
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Shayne
2 months ago
They work closely with law enforcement agencies and regulatory bodies to investigate cross-border cases.
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Dong
2 months ago
Yeah, the Financial Intelligence Units are crucial for tracking down suspicious financial activity.
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Francoise
3 months ago
C) Wolfsberg Groups - hmm, I've heard of them, but are they really the ones who handle these types of investigations? Seems a bit obscure.
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Valentin
2 months ago
D) Financial Action Task Forces - They are important in combating money laundering and terrorist financing.
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Jannette
2 months ago
B) Financial Intelligence Units - They are also involved in investigating suspicious financial activities.
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Shawna
2 months ago
A) European Commissions - They play a role in regulating financial activities.
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Kris
3 months ago
A) European Commissions - wait, what? That's for regulating the EU, not international financial crime. Someone's been sleeping in class!
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Lilli
2 months ago
B) Financial Intelligence Units - It's important for different regulatory bodies to collaborate in order to effectively address cross-border financial crimes.
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Madelyn
2 months ago
D) Financial Action Task Forces - Yes, the Financial Action Task Forces also play a key role in coordinating international efforts to combat money laundering and terrorist financing.
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Jerry
2 months ago
B) Financial Intelligence Units - Actually, Financial Intelligence Units work together to investigate cross-border financial crimes.
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Alona
3 months ago
D) Financial Action Task Forces - they're the ones who set the standards for this kind of thing, right? Gotta go with the experts on this one.
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Dorthy
4 months ago
B) Financial Intelligence Units - of course, they're the ones who deal with cross-border financial investigations. Can't go wrong with that choice.
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Coleen
3 months ago
D) Financial Action Task Forces - they are crucial in coordinating efforts to combat money laundering and terrorist financing.
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Glenna
3 months ago
A) European Commissions - they also play a role in cross-border financial investigations.
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Lynelle
4 months ago
I also believe it's D) Financial Action Task Forces, they work closely with other regulatory bodies to address cross-border financial crimes.
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Demetra
4 months ago
I agree with Glendora, because FATF sets international standards for combating money laundering and terrorist financing.
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Glendora
4 months ago
I think it's D) Financial Action Task Forces.
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