ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 76 Topic 8 Discussion

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) CAMS Question # 76 Topic 8 Discussion

CAMS Exam Topic 8 Question 76 Discussion:
Question #: 76
Topic #: 8

Which principles of the Egmont Group of Financial Intelligence Units (FIUs) are aimed at maximizing cooperation between FIUs to more effectively combat money laundering? (Select Two.)


A.

Eliminating spontaneous information sharing between FIUs to reduce the burden of excess investigative work


B.

FIU cooperation should always be channeled through designated intermediaries


C.

Information exchange should take place informally, without too many formal prerequisites


D.

Formal Egmont Group membership requirements ensure a high commitment of the eligible FIUs


E.

It is within an FIU's authority to sign Memorandums of Understanding independently


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