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The Association of Certified Anti-Money Laundering Specialists (ACAMS) is a well-known organization that offers certification programs in the field of anti-money laundering (AML) and financial crime prevention. The ACAMS Certified Know Your Customer Associate (CKYCA) exam is one of the most sought-after certifications in the AML industry. Association of Certified Anti Money Laundering certification is designed to help professionals develop the skills and knowledge necessary to prevent money laundering and terrorist financing.
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.
2026 ACAMS CKYCA Perfect Frenquent Update
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ACAMS Association of Certified Anti Money Laundering Sample Questions (Q111-Q116):
NEW QUESTION # 111
A KYC analyst is onboarding a high-net-worth client and, during the screening process, notices that the prospective client is the parent of a government minister. After the analyst performs a source of wealth analysis, whose approval is needed before opening the account?
- A. Relationship management
- B. Team management
- C. Senior management
- D. Project management
Answer: C
Explanation:
FATF requires that the decision to establish or continue a business relationship with a Politically Exposed Person (PEP), or their close family members, must be approved by senior management after appropriate enhanced due diligence has been completed.
NEW QUESTION # 112
When is comes to Enhanced Due Diligence (EDD) regulators require you to do a perfect job on the client.
- A. TRUE.
- B. FALSE.
Answer: B
NEW QUESTION # 113
Is collecting identification a legal requirement in jurisdictions?
- A. No.
- B. Yes.
- C. Most.
Answer: C
NEW QUESTION # 114
An Iranian customer is incorrectly recorded in the system as being from Ireland. As a result of this error, the customer will be:
- A. not screened against applicable sanctions lists.
- B. disallowed from opening new accounts.
- C. prohibited from funding a new account.
- D. assigned fewer risk points.
Answer: D
Explanation:
Misrecording the customer's country as a low-risk jurisdiction like Ireland instead of a high-risk sanctioned jurisdiction like Iran would result in the system assigning fewer risk points, underestimating the customer's true risk level.
NEW QUESTION # 115
What is the Primary legislation for Money Laundering in the United States?
- A. Money Laundering Control Act of 1986
- B. Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (USA PATRIOT Act)
- C. Bank Secrecy Act (1970)
- D. Money Laundering and Financial Crimes Strategy Act (1998)
- E. Anti-Drug Abuse Act of 1988
Answer: C
NEW QUESTION # 116
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