Acams Exam CAMS Topic 4 Question 69 Discussion

Actual exam question for Acams's CAMS exam

Question #: 69
Topic #: 4

[All CAMS Questions]

Which of the following corporate structures present a higher money laundering risk due to reduced transparency? (Select Three.)

AA company with nominee shareholders and directors in a local jurisdiction.

BA private company that has no activity in a tax haven jurisdiction.

CA company with bearer shares incorporated in a tax haven jurisdiction.

DA limited liability company incorporated in a foreign jurisdiction.

EA private investment company incorporated in a tax haven jurisdiction with strict secrecy laws.

Show Suggested Answer

Suggested Answer: C

by Peggie at Mar 09, 2024, 07:39 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

4 days ago

I'm not sure about option B though. A private company with no activity in a tax haven jurisdiction might still have some risks.

upvoted 0 times

...

7 days ago

Whoa, this question is like a treasure map for money launderers! I bet the answer involves a lot of shady shell companies and offshore tax havens.

upvoted 0 times

...

11 days ago

I agree with Ricarda. Companies with nominee shareholders, bearer shares, and strict secrecy laws are definitely riskier.

upvoted 0 times

...

12 days ago

I think options A, C, and E present a higher money laundering risk.

upvoted 0 times

...