ACAMS CAMS Practice Exams
Last updated on Oct 22,2026- Exam Code: CAMS
- Exam Name: Certified Anti-Money Laundering Specialist
- Certification Provider: ACAMS
- Latest update: Oct 22,2026
An anti-money laundering specialist has just developed and implemented an anti-money laundering program.
What is the most effective resource to evaluate the effectiveness of the program?
- A . The regulator authorities
- B . A member of senior management
- C . The anti-money laundering specialist
- D . A qualified independent party/auditor
A local law enforcement officer notifies the bank compliance officer that he is working on an insurance fraud scheme that appears to be running transactions using the account of a bank employee. The law enforcement officer refers to a kiting suspicious transaction report filed by the compliance officer and requests further information.
What action should the compliance officer take?
- A . Inform the board of directors
- B . Call the employee and demand an explanation
- C . Allow access to the bank’s documents immediately
- D . Provide the information to the law enforcement in response to a formal written request
What is an aspect of the USA PATRIOT Act that has extraterritorial reach?
- A . To strengthen US measures to prevent, detect and prosecute international money laundering and financing of terrorism.
- B . To implement economic and trade sanctions based on US foreign policy.
- C . To mandate stricter money laundering controls across the continent.
- D . To require scrutiny of foreign financial institutions (FIs) and classes of international transactions that are susceptible to criminal abuse.
According to the Second European Union Money Laundering Directive, what may knowledge of criminal conduct be inferred from?
- A . Subjective, factual circumstances
- B . Objective, factual circumstances
- C . Objective, non-factual circumstances
- D . Subjective, non-factual circumstances
Country A’s anti-corruption authority has been investigating the movement of potential proceeds of bribery and corruption to Country B and is now preparing to take the case to a local court.
Which method of obtaining the required evidence to prosecute the case would be most effective?
- A . Make a request for the required evidence using Country A’s Mutual Legal Assistance Treaty (MLAT) with Country B.
- B . Use the Egmont Secure Web to obtain the required evidence from Country B’s Financial Intelligence Unit (FIU).
- C . Use the International Criminal Police Organization (INTERPOL) network to obtain the required evidence from Country B.
- D . Make an official request directly from the head of Country A’s anti-corruption authority to Country B’s corresponding law enforcement authority.
Which two methods have terrorist groups used to diversify their revenue stream and to fund their operations? (Choose two.)
- A . Human trafficking
- B . Engaging in civil conflict
- C . Smuggling cultural artifacts
- D . Engaging in wire transfer activity
Which two methods have terrorist groups used to diversify their revenue stream and to fund their operations? (Choose two.)
- A . Human trafficking
- B . Engaging in civil conflict
- C . Smuggling cultural artifacts
- D . Engaging in wire transfer activity
The ultimate goal of economic sanctions is to:
- A . protect the reputation of the country.
- B . prevent terrorists from profiting from trade.
- C . protect national security.
- D . reduce the profits of sanctioned countries.
A retail bank prepares a yearly AML risk assessment.
Which inherent risk factor is likely the most relevant?
- A . The provision of remote check deposit services
- B . The provision of cash services
- C . The provision of payable through accounts
- D . The provision of brokerage services
An example of an external factor that will affect an organization’s AML risk is:
- A . acceptance of new customer types.
- B . political system changes in a specific jurisdiction.
- C . introduction of a new product which will be offered to a wide range of clients.
- D . introduction of mobile banking for all clients.