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Acams Exam CAMS Topic 2 Question 71 Discussion

Actual exam question for Acams's CAMS exam
Question #: 71
Topic #: 2
[All CAMS Questions]

Which action does the Financial Action Task Force call on member countries to take in the most serious cases when countries have significant strategic AML deficiencies?

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Suggested Answer: A

by Cristy at Apr 12, 2024, 07:38 AM

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Shannon
3 months ago
B) Apply countermeasures - That's the one! FATF is all about taking a firm stance against financial crimes, so countermeasures make perfect sense in this context.
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Dierdre
2 months ago
D) Report high-risk transactions
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Kina
2 months ago
B) Apply countermeasures - That's the one! FATF is all about taking a firm stance against financial crimes, so countermeasures make perfect sense in this context.
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Lorean
2 months ago
A) Contribute to mutual evaluations
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Sylvie
3 months ago
A) Contribute to mutual evaluations - I don't think that's the right answer here. Mutual evaluations are more of a regular process, not a special measure for serious cases.
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Clemencia
4 months ago
C) Eliminate all financial dealings - Whoa, talk about going nuclear! I don't think the FATF would call for that, even in the worst cases.
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Hyun
2 months ago
C) Eliminate all financial dealings - I agree, that seems extreme
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Joseph
2 months ago
D) Report high-risk transactions
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Latrice
2 months ago
B) Apply countermeasures
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Evangelina
2 months ago
A) Contribute to mutual evaluations
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Hoa
4 months ago
D) Report high-risk transactions - Hmm, I'm not sure about that. Reporting alone doesn't seem like a strong enough action in the most serious cases.
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Gerry
4 months ago
B) Apply countermeasures - I think this is the correct answer, as the FATF is known to recommend countermeasures in cases of serious AML deficiencies.
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Cherelle
3 months ago
B) Apply countermeasures
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Lasandra
3 months ago
A) Contribute to mutual evaluations
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Noah
4 months ago
I'm not sure, but I think A) Contribute to mutual evaluations could also be a valid option to address significant AML deficiencies.
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Joseph
4 months ago
I agree with Gladys, applying countermeasures seems like the most appropriate action in serious cases.
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Gladys
4 months ago
I think the answer is B) Apply countermeasures.
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