{"id":1173,"date":"2023-11-02T10:27:07","date_gmt":"2023-11-02T10:27:07","guid":{"rendered":"https:\/\/blog.topexamcollection.com\/?p=1173"},"modified":"2023-11-02T10:27:07","modified_gmt":"2023-11-02T10:27:07","slug":"2023-ckyca%e3%81%ae%e3%83%80%e3%83%b3%e3%83%97%e3%81%a8%e6%a8%a1%e6%93%ac%e8%a9%a6%e9%a8%93-72%e5%95%8f-q14-q28","status":"publish","type":"post","link":"https:\/\/blog.topexamcollection.com\/ja\/2023\/11\/2023-ckyca-dumps-and-practice-test-72-questions-q14-q28\/","title":{"rendered":"(2023) CKYCA Dumps and Practice Test (72 Questions) [Q14-Q28]"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;1173&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;9&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;4.7&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;4.7\\\/5 - (9 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;(2023) CKYCA Dumps and Practice Test (72 Questions) [Q14-Q28]&quot;,&quot;width&quot;:&quot;133.8&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 133.8px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            4.7\/5 - (9 votes)    <\/div>\n    <\/div>\n<p><strong><span style=\"font-size: 18px;color: red\">(2023) CKYCA Dumps and Practice Test (72 Questions)<\/span><\/strong><\/p>\n<p><strong><span style=\"color: red\">Guide (New 2023) Actual ACAMS CKYCA Exam Questions<\/span><\/strong><\/p>\n<div id=\"watu_quiz\" class=\"quiz-area single-page-quiz\">\n<form action=\"\" method=\"post\" class=\"quiz-form \" id=\"quiz-547\" >\n<div class='watu-question' id='question-1'><div class='question-content'><p><strong>QUESTION 14<\/strong><br \/>What is the Primary Money Laundering Regulation in the United Kingdom?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10643' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41352' \/><div class='watu-question-choice'><input type='radio' name='answer-10643[]' id='answer-id-41352' class='answer answer-1 php-answer-label answerof-10643' value='41352' \/>&nbsp;<label for='answer-id-41352' id='answer-label-41352' class='php-answer-label answer label-1'><span class='answer'>The Money Laundering and Terrorist Financing (Amendment) Regulation 2019<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41353' \/><div class='watu-question-choice'><input type='radio' name='answer-10643[]' id='answer-id-41353' class='answer answer-1 js-answer-label answerof-10643' value='41353' \/>&nbsp;<label for='answer-id-41353' id='answer-label-41353' class='js-answer-label answer label-1'><span class='answer'>Proceeds of Crime Act<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41354' \/><div class='watu-question-choice'><input type='radio' name='answer-10643[]' id='answer-id-41354' class='answer answer-1 js-answer-label answerof-10643' value='41354' \/>&nbsp;<label for='answer-id-41354' id='answer-label-41354' class='js-answer-label answer label-1'><span class='answer'>Proceeds of Terrorism Act<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41355' \/><div class='watu-question-choice'><input type='radio' name='answer-10643[]' id='answer-id-41355' class='answer answer-1 js-answer-label answerof-10643' value='41355' \/>&nbsp;<label for='answer-id-41355' id='answer-label-41355' class='js-answer-label answer label-1'><span class='answer'>UK AML Sanctions Regime<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(1,this)' id='btn-1' value='See Answer'  \/><input type='hidden' id='questionType1' value='radio' class=''><\/div><div class='watu-question' id='question-2'><div class='question-content'><p><strong>QUESTION 15<\/strong><br \/>For the second prong, the control prong, an organization must collect the identity of one person who exercises control over the company.<br \/>Which below are deemed acceptable? (SELECT 3)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10644' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41356' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10644[]' id='answer-id-41356' class='answer answer-2 php-answer-label answerof-10644' value='41356' \/>&nbsp;<label for='answer-id-41356' id='answer-label-41356' class='php-answer-label answer label-2'><span class='answer'>Chief Operating Officer.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41357' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10644[]' id='answer-id-41357' class='answer answer-2 js-answer-label answerof-10644' value='41357' \/>&nbsp;<label for='answer-id-41357' id='answer-label-41357' class='js-answer-label answer label-2'><span class='answer'>Chief AML Officer.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41358' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10644[]' id='answer-id-41358' class='answer answer-2 js-answer-label answerof-10644' value='41358' \/>&nbsp;<label for='answer-id-41358' id='answer-label-41358' class='js-answer-label answer label-2'><span class='answer'>Chief Compliance Officer.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41359' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10644[]' id='answer-id-41359' class='answer answer-2 php-answer-label answerof-10644' value='41359' \/>&nbsp;<label for='answer-id-41359' id='answer-label-41359' class='php-answer-label answer label-2'><span class='answer'>Chief Executive Officer.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41360' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10644[]' id='answer-id-41360' class='answer answer-2 php-answer-label answerof-10644' value='41360' \/>&nbsp;<label for='answer-id-41360' id='answer-label-41360' class='php-answer-label answer label-2'><span class='answer'>Managing Director.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(2,this)' id='btn-2' value='See Answer'  \/><input type='hidden' id='questionType2' value='checkbox' class=''><\/div><div class='watu-question' id='question-3'><div class='question-content'><p><strong>QUESTION 16<\/strong><br \/>What is the advantage of Bearer Shares? (SELECT 3)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10645' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41361' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10645[]' id='answer-id-41361' class='answer answer-3 php-answer-label answerof-10645' value='41361' \/>&nbsp;<label for='answer-id-41361' id='answer-label-41361' class='php-answer-label answer label-3'><span class='answer'>Tax haven countries and their strict secrecy laws can further conceal the true ownership.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41362' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10645[]' id='answer-id-41362' class='answer answer-3 php-answer-label answerof-10645' value='41362' \/>&nbsp;<label for='answer-id-41362' id='answer-label-41362' class='php-answer-label answer label-3'><span class='answer'>They can&#8217;t be traced to a central registry because whoever carries them is the purported owner.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41363' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10645[]' id='answer-id-41363' class='answer answer-3 js-answer-label answerof-10645' value='41363' \/>&nbsp;<label for='answer-id-41363' id='answer-label-41363' class='js-answer-label answer label-3'><span class='answer'>They are an excellent, quick effective way to set up a business in Delaware, Nevada, and Wyoming<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41364' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10645[]' id='answer-id-41364' class='answer answer-3 php-answer-label answerof-10645' value='41364' \/>&nbsp;<label for='answer-id-41364' id='answer-label-41364' class='php-answer-label answer label-3'><span class='answer'>They can be held under agreement by professionals as another layer of secrecy.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41365' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10645[]' id='answer-id-41365' class='answer answer-3 js-answer-label answerof-10645' value='41365' \/>&nbsp;<label for='answer-id-41365' id='answer-label-41365' class='js-answer-label answer label-3'><span class='answer'>They are a more affordable way of setting up a business in certain countries in the Caribbean.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(3,this)' id='btn-3' value='See Answer'  \/><input type='hidden' id='questionType3' value='checkbox' class=''><\/div><div class='watu-question' id='question-4'><div class='question-content'><p><strong>QUESTION 17<\/strong><br \/>What industries are often exploited by criminals (SELECT 3)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10646' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41366' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10646[]' id='answer-id-41366' class='answer answer-4 js-answer-label answerof-10646' value='41366' \/>&nbsp;<label for='answer-id-41366' id='answer-label-41366' class='js-answer-label answer label-4'><span class='answer'>Insurance.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41367' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10646[]' id='answer-id-41367' class='answer answer-4 php-answer-label answerof-10646' value='41367' \/>&nbsp;<label for='answer-id-41367' id='answer-label-41367' class='php-answer-label answer label-4'><span class='answer'>Charities Non Profits.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41368' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10646[]' id='answer-id-41368' class='answer answer-4 js-answer-label answerof-10646' value='41368' \/>&nbsp;<label for='answer-id-41368' id='answer-label-41368' class='js-answer-label answer label-4'><span class='answer'>Broker Dealers.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41369' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10646[]' id='answer-id-41369' class='answer answer-4 php-answer-label answerof-10646' value='41369' \/>&nbsp;<label for='answer-id-41369' id='answer-label-41369' class='php-answer-label answer label-4'><span class='answer'>Dealers in high value goods.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41370' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10646[]' id='answer-id-41370' class='answer answer-4 php-answer-label answerof-10646' value='41370' \/>&nbsp;<label for='answer-id-41370' id='answer-label-41370' class='php-answer-label answer label-4'><span class='answer'>Casinos.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(4,this)' id='btn-4' value='See Answer'  \/><input type='hidden' id='questionType4' value='checkbox' class=''><\/div><div class='watu-question' id='question-5'><div class='question-content'><p><strong>QUESTION 18<\/strong><br \/>For secondary forms of non-documentary verification. Is the act of someone from the institution ringing up the individual and confirming the verification sufficient?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10647' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41371' \/><div class='watu-question-choice'><input type='radio' name='answer-10647[]' id='answer-id-41371' class='answer answer-5 php-answer-label answerof-10647' value='41371' \/>&nbsp;<label for='answer-id-41371' id='answer-label-41371' class='php-answer-label answer label-5'><span class='answer'>Yes.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41372' \/><div class='watu-question-choice'><input type='radio' name='answer-10647[]' id='answer-id-41372' class='answer answer-5 js-answer-label answerof-10647' value='41372' \/>&nbsp;<label for='answer-id-41372' id='answer-label-41372' class='js-answer-label answer label-5'><span class='answer'>No.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41373' \/><div class='watu-question-choice'><input type='radio' name='answer-10647[]' id='answer-id-41373' class='answer answer-5 js-answer-label answerof-10647' value='41373' \/>&nbsp;<label for='answer-id-41373' id='answer-label-41373' class='js-answer-label answer label-5'><span class='answer'>Depends on the client.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(5,this)' id='btn-5' value='See Answer'  \/><input type='hidden' id='questionType5' value='radio' class=''><\/div><div class='watu-question' id='question-6'><div class='question-content'><p><strong>QUESTION 19<\/strong><br \/>Financial Institutions include? (SELECT 2)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10648' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41374' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10648[]' id='answer-id-41374' class='answer answer-6 php-answer-label answerof-10648' value='41374' \/>&nbsp;<label for='answer-id-41374' id='answer-label-41374' class='php-answer-label answer label-6'><span class='answer'>Broker Dealer.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41375' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10648[]' id='answer-id-41375' class='answer answer-6 js-answer-label answerof-10648' value='41375' \/>&nbsp;<label for='answer-id-41375' id='answer-label-41375' class='js-answer-label answer label-6'><span class='answer'>Companies registered with the SEC.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41376' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10648[]' id='answer-id-41376' class='answer answer-6 php-answer-label answerof-10648' value='41376' \/>&nbsp;<label for='answer-id-41376' id='answer-label-41376' class='php-answer-label answer label-6'><span class='answer'>Insurance Companies.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41377' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10648[]' id='answer-id-41377' class='answer answer-6 js-answer-label answerof-10648' value='41377' \/>&nbsp;<label for='answer-id-41377' id='answer-label-41377' class='js-answer-label answer label-6'><span class='answer'>Pay Day Loan Companies.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(6,this)' id='btn-6' value='See Answer'  \/><input type='hidden' id='questionType6' value='checkbox' class=''><\/div><div class='watu-question' id='question-7'><div class='question-content'><p><strong>QUESTION 20<\/strong><br \/>Delivery Channel Risk is associated with? (SELECT 3)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10649' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41378' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10649[]' id='answer-id-41378' class='answer answer-7 php-answer-label answerof-10649' value='41378' \/>&nbsp;<label for='answer-id-41378' id='answer-label-41378' class='php-answer-label answer label-7'><span class='answer'>Correspondent banks.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41379' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10649[]' id='answer-id-41379' class='answer answer-7 js-answer-label answerof-10649' value='41379' \/>&nbsp;<label for='answer-id-41379' id='answer-label-41379' class='js-answer-label answer label-7'><span class='answer'>Savings accounts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41380' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10649[]' id='answer-id-41380' class='answer answer-7 php-answer-label answerof-10649' value='41380' \/>&nbsp;<label for='answer-id-41380' id='answer-label-41380' class='php-answer-label answer label-7'><span class='answer'>Payable through accounts.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41381' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10649[]' id='answer-id-41381' class='answer answer-7 js-answer-label answerof-10649' value='41381' \/>&nbsp;<label for='answer-id-41381' id='answer-label-41381' class='js-answer-label answer label-7'><span class='answer'>Deposit accounts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41382' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10649[]' id='answer-id-41382' class='answer answer-7 php-answer-label answerof-10649' value='41382' \/>&nbsp;<label for='answer-id-41382' id='answer-label-41382' class='php-answer-label answer label-7'><span class='answer'>Concentration accounts<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(7,this)' id='btn-7' value='See Answer'  \/><input type='hidden' id='questionType7' value='checkbox' class=''><\/div><div class='watu-question' id='question-8'><div class='question-content'><p><strong>QUESTION 21<\/strong><br \/>Why is Private Banking Higher Risk? (SELECT 2)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10650' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41383' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10650[]' id='answer-id-41383' class='answer answer-8 js-answer-label answerof-10650' value='41383' \/>&nbsp;<label for='answer-id-41383' id='answer-label-41383' class='js-answer-label answer label-8'><span class='answer'>They almost exclusively use structures that are on secretive jurisdictions.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41384' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10650[]' id='answer-id-41384' class='answer answer-8 php-answer-label answerof-10650' value='41384' \/>&nbsp;<label for='answer-id-41384' id='answer-label-41384' class='php-answer-label answer label-8'><span class='answer'>They use Transactions that attempt to mask true ownership.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41385' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10650[]' id='answer-id-41385' class='answer answer-8 php-answer-label answerof-10650' value='41385' \/>&nbsp;<label for='answer-id-41385' id='answer-label-41385' class='php-answer-label answer label-8'><span class='answer'>Transactions may be confidential.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41386' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10650[]' id='answer-id-41386' class='answer answer-8 js-answer-label answerof-10650' value='41386' \/>&nbsp;<label for='answer-id-41386' id='answer-label-41386' class='js-answer-label answer label-8'><span class='answer'>They use products which are designed for clients with a greater risk tolerance.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(8,this)' id='btn-8' value='See Answer'  \/><input type='hidden' id='questionType8' value='checkbox' class=''><\/div><div class='watu-question' id='question-9'><div class='question-content'><p><strong>QUESTION 22<\/strong><br \/>The first step in the CDD of a legal person is to?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10651' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41387' \/><div class='watu-question-choice'><input type='radio' name='answer-10651[]' id='answer-id-41387' class='answer answer-9 js-answer-label answerof-10651' value='41387' \/>&nbsp;<label for='answer-id-41387' id='answer-label-41387' class='js-answer-label answer label-9'><span class='answer'>Discover the type of business your customer undertakes.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41388' \/><div class='watu-question-choice'><input type='radio' name='answer-10651[]' id='answer-id-41388' class='answer answer-9 js-answer-label answerof-10651' value='41388' \/>&nbsp;<label for='answer-id-41388' id='answer-label-41388' class='js-answer-label answer label-9'><span class='answer'>Find out what the account will be used for, and the level of activity your organization should expect to see.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41389' \/><div class='watu-question-choice'><input type='radio' name='answer-10651[]' id='answer-id-41389' class='answer answer-9 php-answer-label answerof-10651' value='41389' \/>&nbsp;<label for='answer-id-41389' id='answer-label-41389' class='php-answer-label answer label-9'><span class='answer'>Understand the ownership structure and to track back to the ultimate beneficial owners and controllers.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(9,this)' id='btn-9' value='See Answer'  \/><input type='hidden' id='questionType9' value='radio' class=''><\/div><div class='watu-question' id='question-10'><div class='question-content'><p><strong>QUESTION 23<\/strong><br \/>A person disclosing to any other person, information or any other matter, which is likely to prejudice a money laundering investigation is known to be?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10652' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41390' \/><div class='watu-question-choice'><input type='radio' name='answer-10652[]' id='answer-id-41390' class='answer answer-10 js-answer-label answerof-10652' value='41390' \/>&nbsp;<label for='answer-id-41390' id='answer-label-41390' class='js-answer-label answer label-10'><span class='answer'>Dripping off<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41391' \/><div class='watu-question-choice'><input type='radio' name='answer-10652[]' id='answer-id-41391' class='answer answer-10 js-answer-label answerof-10652' value='41391' \/>&nbsp;<label for='answer-id-41391' id='answer-label-41391' class='js-answer-label answer label-10'><span class='answer'>Ripping off<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41392' \/><div class='watu-question-choice'><input type='radio' name='answer-10652[]' id='answer-id-41392' class='answer answer-10 php-answer-label answerof-10652' value='41392' \/>&nbsp;<label for='answer-id-41392' id='answer-label-41392' class='php-answer-label answer label-10'><span class='answer'>Tipping off<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41393' \/><div class='watu-question-choice'><input type='radio' name='answer-10652[]' id='answer-id-41393' class='answer answer-10 js-answer-label answerof-10652' value='41393' \/>&nbsp;<label for='answer-id-41393' id='answer-label-41393' class='js-answer-label answer label-10'><span class='answer'>Dipping off<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(10,this)' id='btn-10' value='See Answer'  \/><input type='hidden' id='questionType10' value='radio' class=''><\/div><div class='watu-question' id='question-11'><div class='question-content'><p><strong>QUESTION 24<\/strong><br \/>What are key risks in Financial Crime Prevention Control? (SELECT 3)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10653' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41394' \/><div class='watu-question-choice'><input type='radio' name='answer-10653[]' id='answer-id-41394' class='answer answer-11 js-answer-label answerof-10653' value='41394' \/>&nbsp;<label for='answer-id-41394' id='answer-label-41394' class='js-answer-label answer label-11'><span class='answer'>Insurance.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41395' \/><div class='watu-question-choice'><input type='radio' name='answer-10653[]' id='answer-id-41395' class='answer answer-11 php-answer-label answerof-10653' value='41395' \/>&nbsp;<label for='answer-id-41395' id='answer-label-41395' class='php-answer-label answer label-11'><span class='answer'>Financial.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41396' \/><div class='watu-question-choice'><input type='radio' name='answer-10653[]' id='answer-id-41396' class='answer answer-11 js-answer-label answerof-10653' value='41396' \/>&nbsp;<label for='answer-id-41396' id='answer-label-41396' class='js-answer-label answer label-11'><span class='answer'>Reputational.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41397' \/><div class='watu-question-choice'><input type='radio' name='answer-10653[]' id='answer-id-41397' class='answer answer-11 js-answer-label answerof-10653' value='41397' \/>&nbsp;<label for='answer-id-41397' id='answer-label-41397' class='js-answer-label answer label-11'><span class='answer'>Regulatory.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(11,this)' id='btn-11' value='See Answer'  \/><input type='hidden' id='questionType11' value='radio' class=''><\/div><div class='watu-question' id='question-12'><div class='question-content'><p><strong>QUESTION 25<\/strong><br \/>Why can Trusts pose a higher risk from a financial crime perspective?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10654' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41398' \/><div class='watu-question-choice'><input type='radio' name='answer-10654[]' id='answer-id-41398' class='answer answer-12 js-answer-label answerof-10654' value='41398' \/>&nbsp;<label for='answer-id-41398' id='answer-label-41398' class='js-answer-label answer label-12'><span class='answer'>There is no major risk from a financial crime perspective? they are legitimate business instrument and that&#8217;s why they are legal all around the world including in the United States, and Europe.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41399' \/><div class='watu-question-choice'><input type='radio' name='answer-10654[]' id='answer-id-41399' class='answer answer-12 js-answer-label answerof-10654' value='41399' \/>&nbsp;<label for='answer-id-41399' id='answer-label-41399' class='js-answer-label answer label-12'><span class='answer'>The trustee can use a trust in order to commit financial crime.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41400' \/><div class='watu-question-choice'><input type='radio' name='answer-10654[]' id='answer-id-41400' class='answer answer-12 js-answer-label answerof-10654' value='41400' \/>&nbsp;<label for='answer-id-41400' id='answer-label-41400' class='js-answer-label answer label-12'><span class='answer'>They are in a physical paper form and ownership is controlled by the person who possesses the physical paper in hand.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41401' \/><div class='watu-question-choice'><input type='radio' name='answer-10654[]' id='answer-id-41401' class='answer answer-12 php-answer-label answerof-10654' value='41401' \/>&nbsp;<label for='answer-id-41401' id='answer-label-41401' class='php-answer-label answer label-12'><span class='answer'>They can be used to mask the true owner and actual business purpose.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(12,this)' id='btn-12' value='See Answer'  \/><input type='hidden' id='questionType12' value='radio' class=''><\/div><div class='watu-question' id='question-13'><div class='question-content'><p><strong>QUESTION 26<\/strong><br \/>If you need to reach out to the client for more information and\/or verification regarding the Enhanced Due Diligence (EDD) Process. should the KYC employee reach out directly to the client themselves and not the a relationship manager or equivalent.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10655' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41402' \/><div class='watu-question-choice'><input type='radio' name='answer-10655[]' id='answer-id-41402' class='answer answer-13 js-answer-label answerof-10655' value='41402' \/>&nbsp;<label for='answer-id-41402' id='answer-label-41402' class='js-answer-label answer label-13'><span class='answer'>TRUE.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41403' \/><div class='watu-question-choice'><input type='radio' name='answer-10655[]' id='answer-id-41403' class='answer answer-13 php-answer-label answerof-10655' value='41403' \/>&nbsp;<label for='answer-id-41403' id='answer-label-41403' class='php-answer-label answer label-13'><span class='answer'>FALSE.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(13,this)' id='btn-13' value='See Answer'  \/><input type='hidden' id='questionType13' value='radio' class=''><\/div><div class='watu-question' id='question-14'><div class='question-content'><p><strong>QUESTION 27<\/strong><br \/>What is the Primary European Union Money Laundering regulation?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10656' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41404' \/><div class='watu-question-choice'><input type='radio' name='answer-10656[]' id='answer-id-41404' class='answer answer-14 js-answer-label answerof-10656' value='41404' \/>&nbsp;<label for='answer-id-41404' id='answer-label-41404' class='js-answer-label answer label-14'><span class='answer'>4th Anti-Money Laundering Act.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41405' \/><div class='watu-question-choice'><input type='radio' name='answer-10656[]' id='answer-id-41405' class='answer answer-14 js-answer-label answerof-10656' value='41405' \/>&nbsp;<label for='answer-id-41405' id='answer-label-41405' class='js-answer-label answer label-14'><span class='answer'>2nd Anti-Money Laundering Directive.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41406' \/><div class='watu-question-choice'><input type='radio' name='answer-10656[]' id='answer-id-41406' class='answer answer-14 php-answer-label answerof-10656' value='41406' \/>&nbsp;<label for='answer-id-41406' id='answer-label-41406' class='php-answer-label answer label-14'><span class='answer'>5th Anti-Money Laundering Directive.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41407' \/><div class='watu-question-choice'><input type='radio' name='answer-10656[]' id='answer-id-41407' class='answer answer-14 js-answer-label answerof-10656' value='41407' \/>&nbsp;<label for='answer-id-41407' id='answer-label-41407' class='js-answer-label answer label-14'><span class='answer'>3rd Anti-Money Laundering Directive<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41408' \/><div class='watu-question-choice'><input type='radio' name='answer-10656[]' id='answer-id-41408' class='answer answer-14 js-answer-label answerof-10656' value='41408' \/>&nbsp;<label for='answer-id-41408' id='answer-label-41408' class='js-answer-label answer label-14'><span class='answer'>5th Anti-Money Laundering Act.<\/span><\/label><\/div>\n<\/div><div class='show-question-feedback' style='display:none;'><\/div><input type='button' class='showchecked' style='margin: 10px 0;' onclick='showanswer1(14,this)' id='btn-14' value='See Answer'  \/><input type='hidden' id='questionType14' value='radio' class=''><\/div><div class='watu-question' id='question-15'><div class='question-content'><p><strong>QUESTION 28<\/strong><br \/>What a is supranational organization below? (SELECT 3)<\/p>\n<\/div><input type='hidden' name='question_id[]' value='10657' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41409' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10657[]' id='answer-id-41409' class='answer answer-15 php-answer-label answerof-10657' value='41409' \/>&nbsp;<label for='answer-id-41409' id='answer-label-41409' class='php-answer-label answer label-15'><span class='answer'>World Trade Organization<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41410' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10657[]' id='answer-id-41410' class='answer answer-15 js-answer-label answerof-10657' value='41410' \/>&nbsp;<label for='answer-id-41410' id='answer-label-41410' class='js-answer-label answer label-15'><span class='answer'>Australian Transaction Reports and Analysis Centre.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41411' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10657[]' id='answer-id-41411' class='answer answer-15 js-answer-label answerof-10657' value='41411' \/>&nbsp;<label for='answer-id-41411' id='answer-label-41411' class='js-answer-label answer label-15'><span class='answer'>Singapore&#8217;s Ministry of Law.<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41412' \/><div class='watu-question-choice'><input type='checkbox' name='answer-10657[]' id='answer-id-41412' class='answer answer-15 php-answer-label answerof-10657' value='41412' \/>&nbsp;<label for='answer-id-41412' id='answer-label-41412' class='php-answer-label answer label-15'><span class='answer'>United Nations<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='41413' \/><div 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