.png){kind=logo}
ACAMS CHAPTER 1 ALL POSSIBLE NEWEST ACTUAL
QUESTIONS AND ANSWERS VERIFIED/GRADED A+
Integration - ----Answers---Supplying apparent legitimacy to illicit wealth through the re-entry of the funds into the economy in what appears to be normal business or personal transactions.
The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces - ---- Answers---economic and trade sanctions
Third Party Payment Processors TPPPs - ----Answers---bank customers that provide payment-processing services to merchants and other business entities
Money Laundering involves - ----Answers---taking criminal proceeds and disguising their illegal sources in order to use the funds to perform legal or illegal activiites.
Formed in 1989 - ----Answers---Financial Action Task Force
(FATF)
Financial Action Task Force (FATF) is an - ----Answers--- inter-government body comprising the group of Seven industrialized nations to set standards and foster international action against money laundering.
- / 1
.png)