ACAMS CAMS-FCI Advanced CAMS-Financial Crimes Investigations Online Training
ACAMS CAMS-FCI Online Training
The questions for CAMS-FCI were last updated at Apr 03,2025.
- Exam Code: CAMS-FCI
- Exam Name: Advanced CAMS-Financial Crimes Investigations
- Certification Provider: ACAMS
- Latest update: Apr 03,2025
An investigator is reviewing a case generated from the transaction monitoring system, with two large amounts of incoming remittance (IR) to an individual customer. Based on the KYC profile, the customer is a plant manager of a famous multi-national electronics manufacturing firm. As the customer has no similarly large transaction patterns for the past 2 years, the investigator sends an inquiry to the relationship manager (RM) about the nature of the transaction. The RM replies that the transaction is a consultancy fee provided from two different electronics companies with a debit note provided However, there is no detail of service provided on the debit note, and the remitters are two individuals.
Which actions should the investigator recommend to mitigate risk? (Select Two.)
- A . Exit the relationship with the customer.
- B . Document and maintain a file with the investigative findings.
- C . Discuss the investigation findings with the customer.
- D . Conduct enhanced due diligence.
- E . Re-evaluate the customer risk profile.
Which statement most accurately characterizes the methods used by transnational criminal organizations?
- A . They are unlikely to associate with known terrorist organizations due to the reputational risks.
- B . They are likely to specialize in one particular method and continue to refine that method to escape detection.
- C . They routinely engage in many different types of criminal activities as long as they think it will benefit them.
- D . They see each other as competitors and rarely cooperate.
Law enforcement agents arrive at a broker-dealer’s premises with a search warrant.
In addition to cooperation with the warrant, which instructions should the person in charge of the broker-dealer provide to their employees?
- A . Take notes on the questions and comments made by the agents.
- B . Sign consent forms permitting the agents to search employees’ offices.
- C . Provide agents with unlimited access to customers’ personal data.
- D . Volunteer information not requested by the agents that the employees think may be useful.
Due to an ever-diversifying business model and multi-jurisdictional footprint, a casino has decided to outsource the source of funds and wealth checks to a third-party provider.
Why is it important for the casino to maintain control of the output from the provider?
- A . Clients of the casino prefer to know that the casino is keeping their information secure when being held by a third-party.
- B . As with all third-party relationships, proper control must be maintained to ensure profitability.
- C . The casino maintains ultimate responsibility for this activity and should maintain control to avoid non-compliance.
- D . Other casinos are frequently looking to reduce costs and share ideas, so if this relationship is successful, the model can be used by other businesses.
The intended benefits of section 314(b) of the USA PATRIOT Act include: (Select Three.)
- A . sharing the existence and content of SARs/STRs with other participating FIs.
- B . participating FIs sharing information about suspicious activity by customers that may have otherwise gone unnoticed.
- C . providing mandatory results to law enforcement agencies so that they can more easily obtain useful information.
- D . expediting the filing of SARs/STRs due to the information sharing facilitated by 314(b).
- E . detecting money laundering and TF approaches and schemes across multiple financial institutions (FIs).
- F . obtaining additional information on customers or transactions regarding potential money laundering or terrorist financing (TF).
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