Acams CGSS
Q: 1
A bank is processing a trade finance transaction and has a legal obligation to complete the
transaction. After completing its sanctions review, the bank determines there are multiple red flags
indicative of counterfeiting. Which are the appropriate next steps for handling the transaction?
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Q: 2
Which fields of a payment message are commonly subject to sanctions screening? (Select Three.)
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Q: 3
A compliance analyst at a UK-based company is reviewing a transaction alert for Entity A. A
representative provided documentation that a UK Asset Freeze individual reduced their stake in
Entity A from 70% to 30% shortly after they became subject to sanctions. Which steps should the
analyst recommend first?
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Q: 4
A sanctions officer is reviewing a report showing increased activity at an international branch with a
large population of expatriates from a newly sanctioned jurisdiction. Which are red flags for
identifying clients with increased sanctions or AML risk? (Select Two.)
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Q: 5
EU Restrictive Measures apply: (Select Two.)
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Q: 6
According to the UK's Office of Financial Sanctions Implementation, an entity is considered to be
owned directly or indirectly if a person:
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Q: 7
For which reason does the Office of Foreign Assets Control allow general licenses for providing legal
services to sanctions targets?
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Q: 8
Which would constitute a deceptive shipping practice for the purpose of sanctions evasion?
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Q: 9
Which variables are most important for sanctions compliance when screening customers with an
automated tool? (Select Three.)
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Q: 10
A compliance officer needs to make a decision regarding an organization's sanctions screening
process. Which decision is correct?
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Question 1 of 10
