Free Preparation Discussions
MENU
Acams CCAS Exam Questions
- Topic 1: AML Foundations for Cryptoasset and Blockchain: This section of the exam measures skills of Anti-Money Laundering (AML) Officers and Crypto Compliance Specialists. It covers foundational knowledge of AML principles tailored to the cryptoasset and blockchain environment, introducing the regulatory landscape, typologies of financial crime, and the evolving risks associated with cryptoassets.
- Topic 2: Cryptoasset and Blockchain: This domain targets Blockchain Analysts and Crypto Risk Managers. It focuses on understanding cryptoasset technologies, blockchain fundamentals, and their operational characteristics. Candidates learn about cryptoasset transaction flows, wallets, exchanges, smart contracts, and the challenges these present to financial crime prevention.
- Topic 3: Risk Management Programs for Cryptoasset and Blockchain: This section measures expertise of Compliance Managers and Risk Officers in developing and implementing risk management frameworks specifically for the crypto sector. It includes procedures for assessing crypto-related financial crime risks, designing controls, monitoring compliance, and adapting to emerging threats within the cryptoasset ecosystem.
Free Acams CCAS Exam Actual Questions
Note: Premium Questions for CCAS were last updated On Jun. 13, 2026 (see below)
What is the most pertinent item for a cryptoasset money services business to include in a suspicious activity report?
SARs should include detailed transactional information to support investigations, including all types and aggregate amounts of cryptocurrencies purchased, along with fiat currency equivalents. This information provides a clear picture of the subject's activity and financial scale.
Owner names of destination wallets (B) may not be available; onboarding info (D) is supplementary, and fiat aggregate totals (C) alone are insufficient.
FATF and DFSA guidance recommend comprehensive transactional data inclusion in SARs to facilitate law enforcement.
An analyst at a virtual asset service provider (VASP) that white-labels its exchange solution to other cross-border VASPs is developing a VASP onboarding procedure. Under Financial Action Task Force Recommendation 13, which CDD practices should be applied to such relationships? (Select Three.)
FATF Recommendation 13 (Correspondent Banking and Similar Relationships) and its application to VASP--VASP relationships require enhanced due diligence before onboarding. This is because such arrangements carry elevated ML/TF risk, especially in cross-border settings.
Required CDD practices include:
Assess the nature and purpose of the VASP relationship (C): Understand why the relationship is being established and the expected services/products.
Obtain approval from senior management (D): Senior management oversight ensures risk is accepted at the appropriate governance level.
Assess the VASP's supervision and if a license/registration is needed (E): Confirm regulatory oversight, licensing, and compliance with AML/CFT obligations.
Options A and B are not core FATF requirements for CDD in this context --- local authority approval may be a domestic regulatory requirement in some countries, but not a FATF baseline, and profitability assessment is a business decision, not an AML measure.
What is a ''smart contract''?
Smart contracts execute predetermined conditions automatically on blockchain, enabling decentralized applications and services.
Which blockchain feature ensures that once a block is added, it cannot be altered without network consensus?
Hash immutability means that altering any transaction would require changing all subsequent blocks and achieving majority consensus. This security property underpins blockchain integrity and forensic traceability, crucial in AML investigations.
A customer who runs a cryptoasset automated teller machine (ATM) comes into a financial institution and deposits a larger than usual amount. When asked about the deposit, the customer answers there has been broader adoption of cryptoassets in the region where the ATM is located. Which additional information about the business would indicate high risk for money laundering? (Select Two.)
Money laundering risk increases if the business operates in or near high-risk jurisdictions (D) or regions associated with narcotics production (C), as these are common sources of illicit funds.
An increase in volume and users (A) or supporting various cryptoassets (B) alone does not necessarily increase ML risk. Recent licensing (E) may indicate regulatory compliance, potentially lowering risk.
- Select Question Types you want
- Set your Desired Pass Percentage
- Allocate Time (Hours : Minutes)
- Create Multiple Practice tests with Limited Questions
- Customer Support
Rebecca Morgan
13 days agoCrystal Thomas
28 days agoMatthew Martinez
1 month agoKimberly Rivera
2 months agoDonna King
2 months agoEdward Jones
1 month agoMichael Bell
2 months agoHeather Morris
1 month agoAndrew Davis
1 month agoLoreta
3 months agoEllen
3 months agoShenika
3 months agoDaren
3 months agoChristene
3 months agoDoyle
4 months agoJesusita
4 months agoLaticia
4 months agoNaomi
5 months agoDenny
5 months agoKerry
5 months agoClay
5 months agoValentin
6 months agoMeaghan
6 months agoDierdre
6 months agoRickie
6 months agoKayleigh
6 months agoIsreal
7 months agoAlaine
7 months agoNoel
7 months agoLura
7 months agoLeana
8 months agoAvery
8 months agoMabel
8 months agoLai
8 months agoWeldon
9 months agoPhung
9 months agoCorrina
9 months agoSuzan
9 months agoJanine
10 months agoAngelo
10 months agoTammi
10 months ago