Acams Exam CAMS Topic 2 Question 65 Discussion

Actual exam question for Acams's CAMS exam

Question #: 65
Topic #: 2

[All CAMS Questions]

What do the Financial Action Task Force (FATF) mutual evaluations of each member assess?

AThe levels of implementation of the FATF Recommendations

BThe member's ability to send a representative to the plenary sessions

CIf the member has a large enough economy to maintain its membership

DIf the member has made any suggestions for updates to the FATF Recommendations

Show Suggested Answer

Suggested Answer: C, E

by Izetta at Feb 07, 2023, 05:14 PM

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Glory

3 months ago

I'm going with A. Anything else would be like asking a teacher to grade their own homework - it just doesn't fit the purpose of the evaluations.

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Tamra

2 months ago

Definitely, it wouldn't make sense for the evaluations to focus on something like the member's ability to send a representative.

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Tien

3 months ago

Yeah, it makes sense that they would focus on the levels of implementation of the FATF Recommendations.

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Leonardo

3 months ago

I agree, A seems like the most logical choice for what the evaluations assess.

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Casie

3 months ago

Haha, B and C are just ridiculous. As if the FATF would care more about attendance or the size of the economy than actual compliance with their standards.

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Mariann

4 months ago

I was leaning towards D, but now that I think about it, that doesn't really make sense. The FATF is evaluating the members, not the other way around.

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Leila

3 months ago

You're right, the evaluations are about how well the members are implementing the recommendations.

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Vivan

3 months ago

A) The levels of implementation of the FATF Recommendations

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Derick

4 months ago

A seems like the most logical answer. The whole point of the FATF mutual evaluations is to assess how well member countries are implementing the FATF Recommendations, isn't it?

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Pamela

3 months ago

Definitely, A is the key focus of the mutual evaluations. It's crucial for the effectiveness of the FATF.

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Jose

3 months ago

I think A is the most relevant option. It's about ensuring countries are taking the necessary steps to combat money laundering and terrorism financing.

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