Acams Exam CAMS Topic 3 Question 62 Discussion

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

Question #: 62
Topic #: 3

Which actions are involved when a prosecutor instructs a bank to freeze the assets and bank accounts held by one of its clients? (Choose three.)

AInform other banks in the same geographical area to freeze the client's assets if they are a member of that bank, too.

BExtend the account and asset freeze to the client's family members as a precautionary measure.

CEnsure the client and beneficiaries are unable to access any frozen assets during the freeze order.

DThe institution does not need to comply with the request if the client's assets make the task unusually difficult or complex to access.

EAn affidavit must accompany the freeze order for the bank to comply with the request.

FThe institution should obtain a copy of the court order to freeze the assets of the named individuals.

Show Suggested Answer

Suggested Answer: C, F

by Sheron at Dec 07, 2022, 10:22 AM

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