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ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 13 Topic 2 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 13 Topic 2 Discussion

CAMS Exam Topic 2 Question 13 Discussion:
Question #: 13
Topic #: 2

A trust and company services provider that offers a variety of services to businesses is approached by a client interested in establishing a new company. The client requests assistance with the incorporation process, a local business address, annual maintenance services, and the designation of individuals to serve in official capacities for the new company.

Which of the following services involves a higher money laundering risk?


A.

Appointing individuals to serve in official capacities of the company


B.

Annual maintenance services


C.

Provision of a local business address


D.

Company incorporation services


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