WorksheetsKYC and AML elements
Total questions: 19
Worksheet time: 10mins
WHO is CFO?
Chief Financial Officer
Cash From Operations
Cancel Former Order
Chief Fraud Officer
What does OFAC shortcut mean?
Office for Foreign Asset Control
Office for Fraud Assets Control
Officer for Foreign Asset Control
Office of Foreign Asset Control
Which of the following countries isn't considered as a tax haven?
Monaco
Nauru
Quatar
Uruguay
Brazil
What does SPV stand for?
Special Purpose Vehicle
Special Purpose Vision
Social Practice Violation
Standard Protection Version
In KYC area OVD stands for:
Oracle Virtual Directory
Officially valid documents
Optical Variable Device
Obsessive Vampire Disorder
Other Vowel Digraphs
What is the second stage of ML process?
Layering
Placement
Integration
Collection
FATF stands for:
Financial Action Task Force
Foreign Action Tax Force
Fraud Activity Test Facility
Foreign Automated Tax Facility
Financial institutions which do not have a physical presence. A relationship with these entities is prohibited unless they are bank affiliates with a physical presence.
Shell Corporation
Unregulated casinos
Unclicensed banks
It occurs when a foreign financial institution gains access to the U.S. financial system by operating through a U.S. account belonging to another foreign financial institution.
Correspondent banking
Multiple Jurisdictions
Event Amounts
Inconsistent address
Nested Correspondence
How would you screen "Botland Management LLC"
Botland
Botland Management
Botland Management LLC
All above correct
How would you screen Jean-Paul Rouse
Jean-Paul Rouse
Jean Paul Rouse
Jean Rouse
Jean-Paul
How many years should pass to consider the hit as outdated?
3
7
10
5
What is the shown in the photo money launderer's name?
Al Capone
Pablo Escobar
Sani Abacha
Franklin Jurado
What is the shown in the photo money launderer's name?
Franklin Jurado
Carlos Lehder
Joaquín Guzmán
Gustavo Gaviria
What country was Suharto from 1967 to 1998 the president of?
Indonesia
Malesia
Myanmar
Philippines
What country was Sani Abacha the president of?
Nigeria
Botswana
Namibia
Ghana
How would you screen "Mohammed bin Zayed Al Nahyan" ?
Mohammed Nahyan
Mohammed Zayed
Zayed Nahyan
Mohammed bin Nahyan
Where is the GbR company suffix used?
Germany
Belgium
Austria
Sweden
According to KYC procedure the "S.A." company suffix is used in:
Poland
Brazil
France
Mexico
