[Jan-2026] CKYCA Dumps are Available for Instant Access using TopExamCollection [Q28-Q52]

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[Jan-2026] CKYCA Dumps are Available for Instant Access using TopExamCollection

CKYCA Dumps 2026 – New ACAMS CKYCA Exam Questions

ACAMS CKYCA certification exam is ideal for professionals who are looking to enhance their knowledge and skills in the field of AML and financial crime prevention. Association of Certified Anti Money Laundering certification is suitable for individuals who work in a variety of roles, including compliance, risk management, law enforcement, and banking. Association of Certified Anti Money Laundering certification can also benefit individuals who work in other industries, such as gaming and real estate, where AML compliance is a critical concern.

ACAMS CKYCA (Association of Certified Anti Money Laundering) Certification Exam is a globally recognized certification that is designed to validate the knowledge and expertise of anti-money laundering professionals. Association of Certified Anti Money Laundering certification is offered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), which is a leading organization that provides training and certification programs for professionals working in financial crime prevention.

NO.28 During the regular periodic review of a high-risk client, a KYC analyst performs EDD checks and detects the presence of a politically exposed person. The KYC analyst should escalate this issue to the:

onboarding team for the assessment of risk

management team for approval or denial of risk

head of the KYC team for approval or denial of risk.

privacy officer for the assessment of risk

When a politically exposed person (PEP) is identified during enhanced due diligence, FATF requires that senior management approve the decision to continue or terminate the relationship due to the elevated financial crime risk.

NO.29 In regards to ongoing CDD, financial institutions should ensure:

they apply a risk-based approach on the frequency of customer profile reviews.

a yearly review of information they maintain on all customers for consistency and efficiency.

a thorough CDD process during customer onboarding so that periodic reviews are unnecessary.

the customer profile is reviewed prior to every transaction in order to make sure the information is unchanged or current.

Ongoing CDD should follow a risk-based approach, meaning higher-risk customers are reviewed more frequently, while lower-risk customers are reviewed at longer intervals, optimizing resources and maintaining compliance.

NO.30 Data must be secure so that it cannot be hacked, stolen, or misused for other purposes?

True

False

Depends on the specifics.

NO.31 What is the First Line of Defense? (FLOD)

The _______ line of defense is the compliance and internal control functions. That includes the chief money laundering reporting officer, or MLRO, in charge of managing and monitoring AML and CFT activities.

The _______ line of defense is also known as the front line, these customer-facing employees are best-equipped to get the information you need for your customer due diligence. Can include Operations, risk, and control teams.

The ________ line of defense is internal audit. They perform an independent review of the controls applied by the lines of defense.

NO.32 What a is supranational organization below? (SELECT 3)

World Trade Organization

Australian Transaction Reports and Analysis Centre.

Singapore’s Ministry of Law.

United Nations

European Union.

NO.33 A shell company or corporation is a company that, at the time of incorporation, has no significant? (SELECT 2)

Assets.

Employees.

Funds.

Operations.

NO.34 If the legal structure is overly complex.
What step should the analyst do when conducting Customer Due Diligence in identifying the beneficial owners?

Escalate, A complex legal structure is a sign of hiding the beneficial owner.

Tread carefully, particularly if they operate in jurisdictions with secrecy la

Continue, Most legal structures can be overly complex in a normal business setting.

NO.35 The overall customer risk rating is usually derived as a composite of the following four categories of risk in money laundering prevention.
What are the those four?

Client, Jurisdiction, Selected Products, and Channel.

Customer, Jurisdiction, Product, and Channel.

Customer, Jurisdiction, Product, and Sub-Channel.

Client, Jurisdiction, Product, and Sub-Channel.

NO.36 Who will review KYC files to determine whether you are complying with your jurisdiction’s laws and regulations

Regulators

Law Enforcement

Compliance

The KYC Analyst

NO.37 What of the following countries are considered Tax Havens? (SELECT 2)

Barbados.

Cayman Islands.

British Virgin Islands.

United States Virgin Islands.

NO.38 What are the two types of Politically Exposed Persons (PEPS) that are identified by The Financial Action Task Force? (SELECT 2)

Domestic PEPs are individuals who are or have been entrusted domestically with prominent public functions.

Domestic PEPs are individuals who are or have been entrusted domestically with prominent non-public functions.

Foreign PEPs are individuals who are or have been entrusted with prominent public functions by a foreign country.

Foreign PEPs are individuals who are or have been entrusted with prominent public functions by a domestic country.

NO.39 A KYC analyst is running an adverse media search on a prospective client’s directors and learns that one of the directors has been accused of receiving bribery payments. Which step should the KYC analyst take next?

Refuse to establish a business relationship with the client.

Escalate the matter to the compliance team.

Ask the director for an explanation.

Dismiss the finding as immaterial.

Allegations of bribery involving a director are a significant red flag for potential financial crime risk. The KYC analyst should escalate the finding to the compliance team for assessment and guidance before making any decision on the business relationship.

NO.40 Which customer type represents the highest risk of money laundering to a financial institution?

Payment service provider

Construction company

Accounting firm

Wholesale food distributor

Payment service providers pose higher money laundering risk because they handle high volumes of transactions, often across multiple jurisdictions, and may process funds on behalf of third parties, increasing the potential for illicit activity.

NO.41 A compliance officer is tasked with building a financial institution’s annual risk assessment. Which data attributes should be used to understand inherent risk?

Customer types and products offered to customers

Number and types of audit examinations in a year performed by the regulator C Number of control-side function employees and business employees

Size of the financial institution and if it is publicly listed on an exchange

Inherent risk is the level of risk present before controls are applied and is influenced by factors such as the types of customers served and the products or services offered, both of which directly affect the institution’s exposure to financial crime risks.

NO.42 Which action should be considered a possible red flag, indicating to a bank that the activity might warrant further investigation?

Making multiple cash deposits just under the reporting threshold

Adding a new beneficial owner after the establishment of the business relationship

Opening a new account without a local telephone number or utility bill

Sending large amounts of money to family in their home country with known sources of income

Structuring transactions by making multiple cash deposits just under the reporting threshold is a common method to evade detection and reporting requirements, making it a strong red flag for potential money laundering.

NO.43 The Source of Funds and the Source of Wealth must be? (SELECT 2)

Provided

Explained.

Verified.

Consistant.

NO.44 If an organization suspects that a customer is laundering money, or committing other types of financial crime, it has a duty to report it to the authorities? (TRUE OR FALSE)

True.

False

NO.45 For benefitial ownership, the exact account-opening procedures and customer acceptance policies will depend on the type of? (SELECT 3)

Risk.

Customer.

Geography.

Product.

Local Regulations.

NO.46 As part of the source of wealth investigation of a high-net-worth individual, the compliance department at a private bank is tasked with obtaining documentary evidence pertaining to a family trust, through which the client’s assets are controlled. KYC identification efforts should primarily include the:

bank statements for investigation of transaction patterns.

trust deed including trustees, settlors, and beneficiaries.

client asset declaration, open source, and public databases.

details of nominees (if any) and trust intermediaries.

The trust deed is the primary legal document that establishes the trust and identifies the trustees, settlors, and beneficiaries, making it essential for verifying the structure, control, and legitimacy of the client’s assets.

NO.47 What is legal risk? (SELECT 2)

An organization breaks laws when doing business.

An employee who commits a crime unrelated to the organization.

A warning from a regulator.

An employee who commits a crime unrelated to the organization.

NO.48 What is legal risk? (SELECT 2)

An organization breaks laws when doing business.

An employee who commits a crime unrelated to the organization.

A warning from a regulator.

NO.49 Secondary identification is often used to cross-verify the primary form of identification and to cross-verify information provided by the customer.
What is an example of secondary identification? (SELECT 2)

Online Registry.

Articles of Incorporation.

Audited Statements.

Utility Bill.

NO.50 Why is Private Banking Higher Risk? (SELECT 2)

They almost exclusively use structures that are on secretive jurisdictions.

They use Transactions that attempt to mask true ownership.

Transactions may be confidential.

They use products which are designed for clients with a greater risk tolerance.

NO.51 According to the Financial Action Task Force (FATF) Risk-Based Approach Guidance, institutions should

incorporate only higher risk customers into its risk profile.

adjust customers’ EDD processes independent from the institution’s risk profile.

incorporate customer risks into the business line risk profiles, but not into the institutional risk profile

adjust the extent and depth of EDD monitoring in line with their risk profile.

FATF’s Risk-Based Approach Guidance advises that the scope and intensity of Enhanced Due Diligence (EDD) should be proportionate to the institution’s overall risk profile, ensuring resources are directed where risks are greatest.

NO.52 The KYC four step research is?

Assess, Organize, Explore, Past

Assess, Organize, Narrow, Present

Assess, Operations, Explore, Present

Assess, Organize, Explore, Present

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[Jan-2026] CKYCA Dumps are Available for Instant Access using TopExamCollection [Q28-Q52]
(2023) CKYCA Dumps and Practice Test (72 Questions) [Q14-Q28]

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