ACAMS Certified Anti-Money Laundering Specialist (the 6th edition) CAMS Question # 40 Topic 5 Discussion

ACAMS Certified Anti-Money Laundering Specialist (the 6th edition) CAMS Question # 40 Topic 5 Discussion

CAMS Exam Topic 5 Question 40 Discussion:
Question #: 40
Topic #: 5

What is a key objective of the Egmont Group?


A.

To find ways to promote the development of Financial Intelligence Units and the sharing of expertise.


B.

To safeguard the financial system from illicit use and combat money laundering and promote nationalsecurity.


C.

To issue binding standards that establish consistently operated Financial Intelligence Units in memberjurisdictions.


D.

To provide best practices for financial institutions on how to report suspicious activity to best share theinformation with law enforcement.


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