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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 171 Topic 18 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 171 Topic 18 Discussion

GLO_CWM_LVL_1 Exam Topic 18 Question 171 Discussion:
Question #: 171
Topic #: 18

Some institutions may be used by criminals to transfer and hide illegal wealth. The institutions are often located in countries with well-developed secrecy laws and attractive tax structures.

These institutions are called:


A.

Offshore banks


B.

Trusts


C.

Shell companies


D.

Front companies


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