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ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 16 Topic 2 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 16 Topic 2 Discussion

CAMS Exam Topic 2 Question 16 Discussion:
Question #: 16
Topic #: 2

Which operational situation might indicate that money laundering is occurring at or through a deposit-taking financial institution?


A.

The institution has observed an increase in customer demand for large-denomination banknotes.


B.

The institution maintains a sequentially numbered log of the monetary instruments it sells.


C.

The institution has observed a reduced settlement time in the transaction services that support the rapid movement or remittance of funds.


D.

The institution has observed an increase in the adoption of its digital products and services.


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