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ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 23 Topic 3 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 23 Topic 3 Discussion

CAMS Exam Topic 3 Question 23 Discussion:
Question #: 23
Topic #: 3

Which of the following corporate structures present a higher money laundering risk because of reduced transparency? (Select Three.)


A.

A limited liability company incorporated in a foreign jurisdiction


B.

A private company that has no activity in a tax haven jurisdiction


C.

A company with nominee shareholders and directors in a local jurisdiction


D.

A company with bearer shares incorporated in a tax haven jurisdiction


E.

A private investment company incorporated in a tax haven jurisdiction with strict secrecy laws


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