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Certified Anti-Money Laundering Specialist (CAMS) - ACAMS Exam Questions

Last updated on July 22, 2026

97% Exam Compliance
394 Total Questions
1
Question
Which of the following ate efficient approaches lo performing horizon scanning? (Select Two.)
Select 2
Options
A Regularly contacting the regulator to inquire about updates and future developments
B Using a specific provider for regulatory horizon scanning
C Subscribing lo a regulators' newsletter
D Relying on information and insights from peers and working groups
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2
Question
Which statement is the most accurate describing who must comply with Office of Foreign Assets Control (OFAC) sanctions?
Options
A All US citizens except those with dual nationality, US permanent residents, all US incorporated entities, and all individuals within the United States
B All US citizens and permanent residents regardless of where they are located, all US incorporated entities excluding their foreign branches, and all individuals and entities within the United States
C All US citizens and permanent residents while located in the US, all US incorporated entities and their foreign branches, and all individuals within the United States
D All US citizens and permanent residents regardless of where they are located, all US incorporated entities and their foreign branches, and all individuals and entities within the United States
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3
Question
Public-private partnerships (PPPs) that involve the sharing of information between law enforcement authorities. Financial Intelligence Units (FIUs), and the private sector are established to: (Choose two.)
Select 2
Options
A exchange strategic information between financial institutions
B create a common database of key information and share analysis of suspicious activities with FATF
C exchange operational information between public authorities and obliged entities
D exchange strategic information between FlUs and obliged entities
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4
Question
The Money Laundering Reporting Officer (MLRO) of a life insurance company is reviewing the product risk assessment methodology.

Which of the following attributes of life insurance products would be attributed a higher risk rating? (Select Three.)
Select 3
Options
A Products that allow the option to change the nominated beneficiary after the commencement of the policy
B Products with international health insurance coverage
C Annuity products with a deferred income stream
D Products that restrict the transfer of funds from one policy to another
E Products that allow for a cash surrender value
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5
Question
The UN Security Council's primary role in imposing sanctions is that it has the authority to:
Options
A conduct research on and analyze the impacts of sanctions to improve the effectiveness of sanctions regimes.
B impose sanctions on countries that lack AML/CFT controls.
C impose sanctions on economic targets to maintain or restore financial stability within a country.
D impose sanctions to maintain or restore international peace and security.
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