Acams Exam CAMS Topic 3 Question 60 Discussion

Actual exam question for Acams's Certified Anti-Money Laundering Specialist exam

Question #: 60
Topic #: 3

[All Certified Anti-Money Laundering Specialist Questions]

An EU Trust and Company Service Provider (TCSP) analyst notices some unusual activity while looking through a customer's financial statements and detailed general ledger. The customer is in the business of importing and exporting machineries. Which transaction indicator warrants further escalation to the compliance officer?

AInter-company loans from the holding company to the subsidiary company to finance the shipment of machinery.

BThe payment of virtual offices services overseas.

CThe payment of consultancy fees to unrelated companies and service providers established in a foreign jurisdiction.

DThe payment of company secretarial retainer fees to a foreign company in a tax efficient jurisdiction.

Show Suggested Answer

Suggested Answer: C

by Jeanice at Oct 28, 2022, 03:33 AM

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