[Free] CySEC AML Certification mock examination #3

Which two of the following are not considered a suspicious customer identification circumstance?

What is a Risk-Based Approach (RBA)?

Which of the following factor does not contribute to reducing risk?

Which of the following should not be considered on weighting risk factors?

Which two of the below statements are false for the Advisory Body of Financial Sanctions (ABFS)?

A ‘tipping-off’ offense upon conviction is subject to

A wealthy individual wishes to establish a relationship with a credit institution. A member of the board is vouching for the client and is eager to open the relationship quickly. The AML officer did not receive sufficient information in regards to the source of funds. What should the AML officer do?

All obliged entities should aim to establish a strong compliance environment, which

As per the AML/CFT Law, identification procedures and CDD measures include the following

In which stage of ML would you classify the use of laundered funds and mix them with legitimate businesses such as restaurants?