Aml exam 2 - Study guides, Class notes & Summaries

Med surg exam 2 Questions and Answers Graded A+ what should you absolute neutrophil count be (ANC) - Correct Answer ️️ - neutropenia - Correct Answer ️️ -ANC <1500 moderate neutropenia - Correct Answer ️️ -ANC 500-999 severe neutropenia - Correct Answer ️️ -ANC < 500 things to avoid if pt is neutropenic - Correct Answer ️️ -- fresh cut flowers (wilt, die, grow mold) - processed meats, undercooked meats (food bourne illness) chemo & radiation - Correct Answer ️...

The credit union's BSA Officer is ultimately responsible for the credit union's BSA compliance. -:- False. Although the BSA Officer is responsible for coordinating and monitoring day-to-day BSA/AML compliance and managing all aspects of the BSA compliance program, the credit union's board of directors is ultimately responsible for the credit union's compliance. This is why it is critical that the board of directors designate a qualified BSA officer and receive appropriate BSA/A...

The Office of Foreign Assets Control (OFAC) is allowed to impose sanctions against certain foreign countries. A. True B. False - Answer- A The Financial Action Task Force (FATF) is best known for what? A. Passing EU-Wide laws and policies on AML B. Issuing AML/CTF recommendations for countries to follow C. Having several subgroups D. Establishing the definition of counter terrorist financing - Answer- B The Third EU Directive defined "money laundering" and "terrorist financing" a...

BSACs Exam Prep Questions and Answers!What are the five pillars of an effective BSA/AML compliance program? - ANSWER 1. Designation of a BSA compliance officer by the Board. 2. Provide for a system of internal controls to ensure ongoing compliance 3. Provide for independent testing to be conducted by credit union personnel or outside parties 4. Provide training for appropriate personnel 5. Appropriate risk-based procedures for conducting ongoing member due diligence Who all is required to...

What are the five pillars of an effective BSA/AML compliance program? -:- 1. Designation of a BSA compliance officer by the Board. 2. Provide for a system of internal controls to ensure ongoing compliance 3. Provide for independent testing to be conducted by credit union personnel or outside parties 4. Provide training for appropriate personnel 5. Appropriate risk-based procedures for conducting ongoing member due diligence Who all is required to receive BSA/AML training? -:- Ne...

True/False: If you are a small credit union it is acceptable to have the BSA officer determine when a CTR is necessary, fil out the CTRs, and determine who is eligible for a CTR exemption. - False True/False: BSA/AML training should be tailored to the person's specific responsibilities - True Regulators recommend that independent test of your BSA program should be done: a. Annually b. Every 12 to 18 months c. Whenever necessary d. Before each exam - b. Every 12 to 18 months Who all is r...

Med surg exam 2 Questions and Answers Graded A+ what should you absolute neutrophil count be (ANC) - Correct Answer ️️ - neutropenia - Correct Answer ️️ -ANC <1500 moderate neutropenia - Correct Answer ️️ -ANC 500-999 severe neutropenia - Correct Answer ️️ -ANC < 500 things to avoid if pt is neutropenic - Correct Answer ️️ -- fresh cut flowers (wilt, die, grow mold) - processed meats, undercooked meats (food bourne illness) chemo & radiation - Correct Answer ️...

True or False: The credit union's BSA Officer is ultimately responsible for the credit union's BSA compliance. - Correct answer-False. Although the BSA Officer is responsible for coordinating and monitoring day-to-day BSA/AML compliance and managing all aspects of the BSA compliance program, the credit union's board of directors is ultimately responsible for the credit union's compliance. This is why it is critical that the board of directors designate a qualified BSA officer and rece...

OM Part A (BOM/RG/FSSM) Questionnaire Issue 10 () Exam Questions & Answers 2024 1. Where are the authorities, duties and responsibilities of all KLM Nominated Persons described? - ANSWER-The Integrated Safety Management Manual (ISMM). 2. The Director Flight Standards & Compliance is responsible for the contents of which OM Part? - ANSWER-- A (except ISMM) and related instructions. - B and related instructions. - C and related instructions. - D and related instructions. 3. What must...

AML Exam (CE) Questions and Answers | Latest Version | 2024/2025 | Graded A+ What is the primary purpose of anti-money laundering (AML) laws? - To increase bank profits - To enhance customer experience - To prevent and detect money laundering and terrorist financing To ensure financial integrity and compliance What is one common method used by money launderers to obscure the origin of illicit funds? - Investing in real estate Structuring transactions to avoid detection - Purc...