ACAMS Certified Anti-Money Laundering Specialist (the 6th edition) CAMS Question # 91 Topic 10 Discussion

ACAMS Certified Anti-Money Laundering Specialist (the 6th edition) CAMS Question # 91 Topic 10 Discussion

CAMS Exam Topic 10 Question 91 Discussion:
Question #: 91
Topic #: 10

A long-term client of an insurance company makes changes to a policy that require payment of an additional lump sum. The amount payable is high, though within the client's means based on the KYC information collected. The payment is made via a company in another jurisdiction that is known to have lax AML controls. Which indicator of suspicious activity is present?


A.

The payment was made via a company that appears to be owned and controlled by the client being insured.


B.

The payment was made via a company in a jurisdiction known to have lax AML controls.


C.

A long-term client wants a change to a policy that is already in force.


D.

The additional premium payable appears to be within the client's means based on the KYC information collected.


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