New updates

In recent years, some changes are taking place in this line about the new points are being constantly tested in the Financial Crime Specialist real exam. So our experts highlight the new type of questions and add updates into the practice materials, and look for shifts closely when they take place. As to the rapid changes happened in this exam, experts will fix them and we assure your CFCS exam simulation you are looking at now are the newest version. Materials trends are not always easy to forecast, but they have predictable pattern for them by ten-year experience who often accurately predict points of knowledge occurring in next CFCS preparation materials: Financial Crime Specialist.

Quick acquisition

The internet is transforming society, and distance is no longer an obstacle. You can download our CFCS exam simulation from our official website, which is a professional platform providing the most professional practice materials. You can get them within 15 minutes without waiting. What is more, you may think these high quality CFCS preparation materials: Financial Crime Specialist require a huge investment on them. Actually we eliminate the barriers blocking you from our practice materials. All types are priced favorably on your wishes. Obtaining our CFCS study guide in the palm of your hand, you can achieve a higher rate of success. Besides, there are free demos for your careful consideration to satisfy individual needs.

Increasing supporters

Our supporter of CFCS study guide has exceeded tens of thousands around the world, which directly reflects the quality of them. Because the exam may put a heavy burden on your shoulder while our practice materials can relieve you of those troubles with time passing by. Just spent some time regularly on our CFCS exam simulation, your possibility of getting it will be improved greatly. For your information, the passing rate is over 98% up to now. Up to now our practice materials consist of three versions, all those three basic types are favorites for supporters according to their preference and inclinations. On your way moving towards success, our CFCS preparation materials: Financial Crime Specialist will always serves great support.

Advantages products

About choosing the perfect material, it may be reflected in matters like quality, prices, after-sale services and so on. CFCS exam simulation is accumulation of knowledge about the exam strictly based on the syllabus of the exam. They give users access to information and exam, offering simulative testing environment when you participate it like in the classroom. Besides, contents of CFCS study guide are selected by experts which are appropriate for your practice in day-to-day life. It is especially advantageous for busy workers who lack of sufficient time to use for passing the CFCS preparation materials: Financial Crime Specialist.

In this social-cultural environment, the CFCS certificates mean a lot especially for exam candidates like you. To some extent, these certificates may determine your future. With respect to your worries about the practice exam, we recommend our CFCS preparation materials: Financial Crime Specialist which have a strong bearing on the outcomes dramatically. For a better understanding of their features, please follow our traits mentioned below.

DOWNLOAD DEMO

ACFCS CFCS Exam Syllabus Topics:

ACFCS Financial Crime Specialist Sample Questions:

1. In an attempt to ensure the selection of his bid for a government project in a foreign country Mr. Jones decided to pay off a foreign official who had the ability to influence the process Mr. Jones created a shell company to conduct the transaction.
In exchange for this influence Mr. Jones created a series of invoices that made it appear as if his shell company owed money to Ihe foreign official Mr. Jones wired money from his bank account in the US to the shell company in the foreign jurisdiction for credit to the government official Unfortunately for Mr. Jones, the official did not keep his promise and Jones did not gel the bid.
When did money laundering FIRST occurs?

A) When Mr. Jones created the shell company
B) When Mr. Jones wired the funds to the shell company
C) When Mr. Jones generated a series of false invoices
D) When Mr. Jones transferred funds from the shell company to the public official

2. Company A required capital to purchase wholesale consumer products to resell to retail outlets Company A solicited working capital by offering investors promissory notes in exchange for borrowed funds. The promissory notes promised a high annual interest rate of 14% Company A paid the promised 14% returns and a commission from the new funds received from later investors No wholesale products were purchased with the investors funds and there was no underlying business.
Which type of fraud is being described?

A) Advanced Fee scheme
B) Ponzi scheme
C) Pump and dump scheme
D) Pyramid scheme

3. You are Ihe chief anti-money laundering officer of a lull-service bank and you are designing a risk-based customer acceptance program to determine the Terrorist Financing risks specific to not-for-profit (NFP) organizations.
Which enhanced due diligence activity is MOST essential for these types of client relationships due to the elevated risk that NFPs pose?

A) For NFPs customer acceptance requirements are the same as for any other customer
B) Monitor the financial activity in relation to the stated purpose and objectives of the entity
C) Establish who controls the organization and its financial activities
D) Obtain a copy of the organization's charier

4. The money laundering control officer at a bank has determined that there are three business accounts at the bank that are conducting related high velocity transactions that do not match the profile for the stated business activities of the account. Further investigation determines that the signatories of the three accounts were joint defendants in a civil fraud lawsuit ten years earlier.
Which action must the money laundering control officer at the bank lake?

A) Prepare a Suspicious Activity or Transaction Report (i.e. SAR or STR) and file it with the Financial intelligence Unit (FIU) in the jurisdiction where the bank conducts operations
B) Freeze the accounts until further investigation can be made
C) Arrange individual meetings with the account holders and inquire about the transactions
D) Contact the government investigators and report his suspicion that the accounts may be part of a fraud scheme

5. Which is the MOST effective way to verify a company's registration information?

A) Access the jurisdiction's company registry repository and search lor the company name and retrieve the company's information
B) Access the jurisdiction's court system and search for any court cases against the company which will include the company's registration number and information
C) Conduct a Google advanced search using the keyword registration details to find articles or other pieces of information about the company
D) Examine the company's website

Solutions: