Ultimate Guide to Prepare CAMS7 Certification Exam for CAMS Certification in 2026 [Q115-Q132]

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Ultimate Guide to Prepare CAMS7 Certification Exam for CAMS Certification in 2026

Use Real CAMS7 Dumps – ACAMS Correct Answers updated on 2026

ACAMS CAMS7 Exam Syllabus Topics:

Section	Weight	Objectives
Building an AFC Compliance Program
Understanding Risks and Methods of Financial Crime	30%	– Financial Crime Risks related to insurance products – Financial Crime Risks related to VASPs, cryptoassets, and related products – Financial Crime Risks related to Politically Exposed Persons (PEPs) and high-risk customers – Financial Crime Risks related to real estate – Financial Crime Risks related to MSBs, PSPs, and ecommerce platforms – Financial Crime Risks related to gatekeepers – Financial Crime Risks related to trusts and company service providers – Financial Crime Risks related to gaming and gambling – Financial Crime Risks related to products within other financial sectors
Tools and Technologies to Fight Financial Crime
Global AFC Frameworks, Governance and Regulations		– AML Regulatory Framework (Elective options: Canada, EU, UK, USA)

NEW QUESTION 115
Financial Intelligence Units (FIUs) help to protect financial integrity by: (Select Two.)

Receiving and analyzing Suspicious Activity Reports (SARs) to detect financial crime

Disseminating information on emerging trends related to money laundering and associated predicate offenses

Assisting financial institutions with designing products and services that lower residual money laundering risk

Ensuring financial institutions maintain appropriate AML programs commensurate with their risk profiles

NEW QUESTION 116
How do national risk assessments (NRAs) and sectoral risk assessments influence a financial institution’s (FI’s) internal AML/CFT risk assessment?

An FI must demonstrate that the risks identified in its AML/CFT risk assessment are aligned with the NRA and sectoral risk assessments and that these risks are managed effectively

If a sectoral risk assessment is published, the FI must implement it directly across all subsidiaries and branches without modification

An FI’s AML/CFT risk assessment must be written and approved by the board of directors exactly as specified in the NRA and sectoral risk assessment

An FI must strictly adopt the exact risk factors, weightings, and methodologies from the NRA and sectoral risk assessment without adjustment

NEW QUESTION 117
Which of the following are part of a risk-based approach? (Select Three.)

Determining detailed risk profiles for customers based on their activities and relationships

Focusing monitoring primarily on previously flagged customers while using standard controls for others

Choosing and applying effective controls that align with the identified risk levels

Performing a comprehensive risk assessment to identify customer, transaction, and geographic risks

Allocating resources equally across all customer segments to ensure fairness

NEW QUESTION 118
Which of the following statements is true regarding tipping off?

Tipping off is an obligation only applied to AFC professionals and bank staff because they are required to file a Suspicious Activity Report (SAR).

Tipping off is a criminal act whereby confidential information about a financial crime investigation is disclosed in an unauthorized manner to a third party who may be the subject of the investigation or able to prejudice it.

Tipping off is not committed when detailed inquiries are made with a customer whose transactions have been flagged by a transaction monitoring system.

When an unusual transaction is detected, an AFC professional can instruct the relationship manager to communicate with the customer to decide whether a SAR should be filed.

NEW QUESTION 119
Reference data screening includes the screening of which types of datasets? (Select Two.)

Types of payment messages

Customers

Third-party service providers

Customer spouses

NEW QUESTION 120
A law enforcement agency submits several requests to a financial institution.
Which request is legitimate and requires the bank to respond?

Keep an account open upon verbal request

Produce documents and testimony without a subpoena

Seize privileged documents upon written request

Freeze an account in terms of a court order

NEW QUESTION 121
Ateam overseeing the governance and effectiveness of a bank’s transaction monitoring approachshould implement which strategies? (Select Two.)

Periodic review of suspicious activity reports (SARs) filed with FinCEN to determine whether any should be withdrawn.

Periodic and ad hoc cooperation with the legal team to appropriately investigate and monitor the transactions of subjects of subpoenas or government inquiries.

Periodic review of client profiles to ensure that the most up-to-date information is on file for high-risk clients in line with the bank’s internal policies and procedures.

Periodic review of the transaction monitoring scenarios and their productivity to ensure that appropriate AML typologies are reflected.

NEW QUESTION 122
While there are legitimate reasons for trust and company service providers (TCSPs) to appoint a nominee shareholder, which feature of a nominee shareholder presents the greatest financial crime risk?

Simplifying administrative tasks associated with shareholding

Helping non-residents comply with local ownership laws

Supporting company liquidity and ease of exit strategies

Providing anonymity for the beneficial owner by keeping their identity hidden from the public register

NEW QUESTION 123
During a sanctions screening review, a bank identifies a partial name match with an individual on a sanctions list. What should occur FIRST?

Immediately freeze the account permanently

Confirm whether the match is a true hit

Notify the customer about the sanctions alert

Delete the alert if the birthdate differs slightly

NEW QUESTION 124
Using artificial intelligence (Al) and machine learning-based techniques tn adverse media screening can:
(Choose three.)

ensure that all adverse media sources are comprehensively analyzed without the need for human review.

significantly reduce human errors arising from repetitive tasks by delivering consistent and highly accurate analysis.

instantly identify intent behind media articles, allowing for more effective risk scoring.

automate the process of identifying new information and distinguishing it from previously encountered data.

cover multiple languages and scripts, surpassing the limitations of human linguistics.

NEW QUESTION 125
A legal instrument which is executed between two nations and governs cross-border information sharing Is known as a.

mutual legal assistance treaty.

memorandum of understanding.

request for urgent information.

declaration of understanding.

memorandum of agreement.

NEW QUESTION 126
Which of the following are AML risks associated with onboarding a high-risk customer? (Select Two.)

Enhanced customer due diligence requirements

Greater potential for laundering illicit proceeds

Reduced regulatory scrutiny compared to low-risk customers

Increased likelihood of engaging in financial crimes

NEW QUESTION 127
Why is the prevention of financial crime so important?

Financial crime does enormous damage to society, undermining market integrity and consumers’ and market participants’ confidence

Financial crime risk incidents always result in fines and losses for the financial firm

Financial crime prevention processes make the onboarding process for clients unnecessarily burdensome and complex but create work

Financial crime prevention is important as it reduces costs and improves customer services.

NEW QUESTION 128
Which of the following statements best describes the financial crime risk associated with gatekeepers?

Gatekeepers have specialized knowledge that can be abused to facilitate the movement of illicit funds and conceal the Involvement of their clients in illicit schemes.

Gatekeeper positions ate of a secretive nature, often making it difficult to verify (heir source of wealth.

Gatekeepers have unique relationship structures, making it difficult to determine beneficial ownership

Gatekeepers are entrusted with prominent functions and code of conduct that can assist laundering Illicit funds.

NEW QUESTION 129
The EU’s 6th Anti-Money Laundering Directive (6AMLD):

Extended AML oversight to crowdfunding platforms and professional football clubs

Eliminated the requirement for the European Commission to conduct a risk assessment

Created a central EU watchdog to combat money laundering

Strengthened provisions relating to the accuracy of data submitted to central beneficial ownership registries

NEW QUESTION 130
The key strengths of public-private partnerships (PPP) in anti-financial crime efforts include:
(Select Two.)

Improving the speed of action in identifying and mitigating financial crime risks

Enhancing information-sharing capabilities between governments and financial institutions

Providing a legal framework for financial institutions to avoid liability when sharing information

Eliminating the need for organizations to conduct their own due diligence

NEW QUESTION 131
Upon learning of a potential weakness through an organization’s enterprise-wide sanctions risk assessment relating to a low number of sanctions screening alerts generated compared to the business size and operations identified, which action would best ensure the risk area is properly managed and remediated to the best possible extent?

Reviewing the enterprise-wide risk assessment methodology

Enhancing staff training on the documentation of justification on closed alerts

Revisiting the post-transaction monitoring system parameters and thresholds

Reviewing the fuzzy logic currently adopted in the screening system

NEW QUESTION 132
Which regulation permits financial institutions, upon providing notice to the US Department of the Treasury, to share information with one another in order to identify and report activities that may involve money laundering or terrorist activity to the federal government?

Regulation (EU) 2024/1624 of the European Parliament

Collaborative Sharing of Money Laundering/Terrorism Financing (ML/TF) Information & Cases (COSMIC)

USA Patriot Act Section 314(a)

USA Patriot Act Section 314(b)