Time Left:
01
:
00 :
00
HRS
MIN
SEC
Time Spent: %%TIMESPENT%%
Time expired. Sorry, you will not be able to continue with this quiz. Please opt-in to see the result.
SEC
HRS
MIN
SEC
SEC
Total Time
[SQBTimeSpent]
0
HRS
0
MIN
0
SEC
First up, what should we call you?
OK
1%
Which method most likely indicates the placement stage of laundering dirty money in a land based casino?
(Question Type: Single Choice)
Redeeming smaller denomination casino chips forlargestdenomination chips
Using cash to buy casino winnings from legitimate winners at apremium
Buying casino chips against a bank draft
Transfering substantial amounts of money from a client's credit card to a client's casino's VIPaccount
Back
Next
An audit completed the previous week revealed that a private banking customer submitted incomplete documents when establishing an account earlier in the year.
The customer received weekly electronic fund transfers from a narcotic-producing jurisdiction.
While the relationship manager who opened the account is on leave for 5 weeks, the customer requests that the institution remit a substantial sum to a country that represents a high risk of money laundering.
The relationship manager is a friend of the anti-money laundering specialist.
What should the anti- money laundering officer do first?
(Question Type: Single Choice)
Postpone the follow-up on the audit finding
Investigate the transfer of funds
Suspend the transfer until the relationship manager returns
File a suspicious transaction report with the competent authority
Back
Next
What kind of person should perform the independent testing of an institution's anti-money laundering program?
(Question Type: Single Choice)
A former anti-money laundering officer from a similar institution
A certified specialist in the anti-money laundering field
A retired government regulator or federal law enforcement officer
A person who reports directly to the Board of Directors or a Board Committee
Back
Next
Which action should an FIU consider taking when it has information that might be useful to another FIU?
(Question Type: Single Choice)
Supply the information to the other FIU spontaneously as soon as the relevance of sharing theinformation is identified
In accordance with Wolfsberg guidelines, submit the information to the other FIU in writtenform
Request approval from the Egmont Group prior to sharing the information with the other FIU
Take no action until contacted by the other FIU
Back
Next
In some instances, a financial institution may receive a warrant from law enforcement authorities to search its premises.
A search warrant is a grant of permission from a court for a law enforcement agency to search certain designated premises and seize specific categories of items or information.
Generally, what is the required threshold for the requesting agency to establish in order to obtain a search warrant of a financial institution?
(Question Type: Single Choice)
A preponderance of the evidence
A text area will be displayed in the frontend when users select this answer.
Add RecommendationAdd TagsView All Assigned TagsClear and convincing proof
A text area will be displayed in the frontend when users select this answer.
Add RecommendationAdd TagsView All Assigned TagsProbable cause
A text area will be displayed in the frontend when users select this answer.
Add RecommendationAdd TagsView All Assigned TagsReasonable belief
A text area will be displayed in the frontend when users select this answer.
Add RecommendationAdd TagsView All Assigned TagsBack
Next
%%QUESTIONANSWERS%%
Skip Opt-in
; ?>/wp-content/plugins/smartquizbuilder/includes/images/sqb-registration-img.jpg)
Almost there...
Where can we email you the results? Please enter details below.
Preparing Report...
Please wait... we are calculating your results
* Do not leave the page or reload the page *
You got a score of %%YOURSCORE%% out of %%TOTALSCORE%%
[AVERAGE_SCORE]
Exam Results: FAILED
Select an option below to learn advanced techniques on this topic.
[SHOWALLUSERTAGS] [showtaggcontent id=""]
[CHART_HEADING]
[OUTCOME_SPIDER_CHART] [OUTCOME_BAR_CHART] [QUESTION_ANSWER_DATA_CHART]
[SHOW_CATEGORY_TOTAL] [CATEGORY_TOTAL_PERCENT] [CATEGORY_TOTAL_NUMBER]
[AVGMATRIXVALUE] [TOTALMATRIXVALUE]
[SELECTEDANSWERS]
%%CATEGORY_TOTAL_PERCENT%%
%%CATEGORY_TOTAL_NUMBER%%
[CATEGORY_TOTAL_PERCENT]
[CATEGORY_TOTAL_NUMBER]
You got a score of %%YOURSCORE%% out of %%TOTALSCORE%%
%%CATEGORY_TOTAL_PERCENT%%
%%CATEGORY_TOTAL_NUMBER%%
[CATEGORY_TOTAL_PERCENT]
[CATEGORY_TOTAL_NUMBER]
Retake
YOUR TOTAL POINTS
0
Congrats! You have earned 0 point(s) by completing this quiz.
