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ACAMS CAMS Practice Test Questions Answers

Exam Code: CAMS (Updated 313 Q&As with Explanation)
Exam Name: Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition)
Last Update: 22-Oct-2025
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Questions Include:

  • Single Choice: 177 Q&A's
  • Multiple Choice: 136 Q&A's

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    All AML Certifications Related Certification Exams

    Total Questions: 60
    Updated: 22-Oct-2025

    CAMS Questions and Answers

    Question # 1

    A financial institution's US Branch receives a subpoena from law enforcement requesting detailed records of a customer's account activity. The customer is part of an ongoing investigation into a money laundering operation. At the same time, the institution has received a FinCEN 314(b) information-sharing request from another bank seeking details on transactions linked to the same customer. The compliance team is tasked with responding to both the subpoena and the FinCEN 314(b) request.

    What should the compliance officer prioritize in responding to these requests while ensuring that all legal and regulatory obligations are met?

    A.

    Notify the customer of the information-sharing request from the other financial institution and seek their consent before responding

    B.

    Consult the institution's legal counsel to validate the subpoena, then respond directly to law enforcement while ensuring all documentation is properly recorded

    C.

    Respond to the FinCEN 314(b) request first, as it allows for voluntary information sharing with partner organizations

    D.

    Provide the requested records to both law enforcement and the other financial institution immediately to ensure full cooperation and transparency

    Question # 2

    In which of the following cases can a financial institution disclose a suspicious activity report (SAR)?

    A.

    A court order requests the bank to disclose the SAR subject to obtaining agreement from the legal team

    B.

    A customer asks about potential reporting to the local Financial Intelligence Unit (Fill)

    C.

    An external consultant inquires about the details of the SAR

    D.

    A third-country police directly inquires about the customer.

    Question # 3

    Which of the following is a common strategy employed by non-governmental organizations (NGOs) to combat money laundering?

    A.

    Helping Financial Intelligence Units (FIUs) to analyze the suspicious activity reports (SARs)

    B.

    Directly prosecuting money launderers in court

    C.

    Providing financial assistance to governments to strengthen their anti-money laundering efforts

    D.

    Raising awareness about the issue of money laundering and its consequences

    Question # 4

    What are the primary advantages of using open-source tools in financial crime investigations? (Choose two.)

    A.

    Partial automation of data collection and analysis

    B.

    Cost-effective access to a wide range of data

    C.

    Real-time monitoring of selected transactions and data sources

    D.

    Ability to conduct investigations with minimal human oversight

    E.

    Enhanced ability to identity connections across various data sets

    Question # 5

    Arecruitment manager in the human resources departmentof a bank hasshortlisted a candidate for the position of relationship manager in its private banking division.

    Thebank’s compliance policyrequiresproper background checksto protect againstfraud and money laundering risks.

    Whichresourceswould bemost usefulfor identifying potential negative information regarding the shortlisted candidate? (Select Three.)

    A.

    Past employment records.

    B.

    Personal references from close associates.

    C.

    Personal resume.

    D.

    Internet and public media searches.

    E.

    Criminal history searches.

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