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ACAMS PRACTICE 2026 EXAM 6TH EDITION
BANK ALL COMPLETE CURRENT TESTING
(120) QUESTIONS AND DETAILED CORRECT
ANSWERS|GUARANTEED PASS.
ACAMS
Prepare for the ACAMS Practice Exam 6th Ed with this concise
study resource covering anti-money laundering principles,
financial crime prevention, and regulatory compliance. It
reinforces key concepts aligned with certification standards
from the Association of Certified Anti-Money Laundering
Specialists. Suitable for professionals preparing for AML and
financial compliance certification exams.
1. What is the reasoning behind implementing a "risk-based
anti-money laundering approach"?
A. It will keep the regulators focused on money laundering
controls in sectors beyond banks.
B. Institutions can best use their limited resources to focus
on matters where the money laundering risks are highest.
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C. A quantitative approach will generate better results than a
qualitative approach.
D. It allows the institution to focus on selling products that
have a better return on investment. ✓ ✓ ...... ANSWER .......
B. Institutions can best use their limited resources to focus
on matters where the money laundering risks are highest.
1. According to the FATF 40 Recommendations, "designated
non-financial businesses and professions" include:
A. Casinos, real estate agents and dealers in precious
stones.
B. Money service businesses, gatekeepers, and issuers of
electronic money.
C. Dealers in precious metals, lawyers, commodity futures
traders.
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D. Life insurance companies, real estate agents and
notaries. ✓ ✓ ...... ANSWER ....... A. Casinos, real estate
agents and dealers in precious stones.
1. According to the FATF 40 Recommendations, the
threshold for identifying occasional customers at financial
institutions is:
A. EURO/US$ 5,000.
B. EURO/US$ 10,000.
C. EURO/US$ 15,000.
D. EURO/US$ 20,000. ✓ ✓ ...... ANSWER ....... B.
EURO/US$ 10,000.
1. Tom works as a compliance officer at ABC Bank. He is
looking at the transactions of one of the bank's customers,
Mr. Brown, the owner of a check cashing company. Over the
last six months, Mr. Brown has not made withdrawals of
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cash against check deposits. He also deposited two checks
for US$2,000 each that were issued by a casino. When
checking the KYC file, Tom sees that, when opening the
account, Mr. Brown had requested detailed information
about fees and commission that are charged by the bank.
What should arouse Tom's suspicion the most? Mr. Brown:
A. Deposited checks from casinos.
B. Did not make withdrawals of cash against check deposits.
C. Showed uncommon curiosity about commissions and
fees charged.
D. Does not have an escrow account. ✓ ✓ ...... ANSWER
....... B. Did not make withdrawals of cash against check
deposits.
1. A small broker-dealer has an AML compliance program
that addresses procedures for filing Suspicious Transaction
Reports and includes policies, procedures and internal
controls for customer identification, monitoring accounts
ACAMS PRACTICE 2026 EXAM 6TH EDITION
BANK ALL COMPLETE CURRENT TESTING
(120) QUESTIONS AND DETAILED CORRECT
ANSWERS|GUARANTEED PASS.
ACAMS
Prepare for the ACAMS Practice Exam 6th Ed with this concise
study resource covering anti-money laundering principles,
financial crime prevention, and regulatory compliance. It
reinforces key concepts aligned with certification standards
from the Association of Certified Anti-Money Laundering
Specialists. Suitable for professionals preparing for AML and
financial compliance certification exams.
1. What is the reasoning behind implementing a "risk-based
anti-money laundering approach"?
A. It will keep the regulators focused on money laundering
controls in sectors beyond banks.
B. Institutions can best use their limited resources to focus
on matters where the money laundering risks are highest.
, Page 2 of 118
C. A quantitative approach will generate better results than a
qualitative approach.
D. It allows the institution to focus on selling products that
have a better return on investment. ✓ ✓ ...... ANSWER .......
B. Institutions can best use their limited resources to focus
on matters where the money laundering risks are highest.
1. According to the FATF 40 Recommendations, "designated
non-financial businesses and professions" include:
A. Casinos, real estate agents and dealers in precious
stones.
B. Money service businesses, gatekeepers, and issuers of
electronic money.
C. Dealers in precious metals, lawyers, commodity futures
traders.
, Page 3 of 118
D. Life insurance companies, real estate agents and
notaries. ✓ ✓ ...... ANSWER ....... A. Casinos, real estate
agents and dealers in precious stones.
1. According to the FATF 40 Recommendations, the
threshold for identifying occasional customers at financial
institutions is:
A. EURO/US$ 5,000.
B. EURO/US$ 10,000.
C. EURO/US$ 15,000.
D. EURO/US$ 20,000. ✓ ✓ ...... ANSWER ....... B.
EURO/US$ 10,000.
1. Tom works as a compliance officer at ABC Bank. He is
looking at the transactions of one of the bank's customers,
Mr. Brown, the owner of a check cashing company. Over the
last six months, Mr. Brown has not made withdrawals of
, Page 4 of 118
cash against check deposits. He also deposited two checks
for US$2,000 each that were issued by a casino. When
checking the KYC file, Tom sees that, when opening the
account, Mr. Brown had requested detailed information
about fees and commission that are charged by the bank.
What should arouse Tom's suspicion the most? Mr. Brown:
A. Deposited checks from casinos.
B. Did not make withdrawals of cash against check deposits.
C. Showed uncommon curiosity about commissions and
fees charged.
D. Does not have an escrow account. ✓ ✓ ...... ANSWER
....... B. Did not make withdrawals of cash against check
deposits.
1. A small broker-dealer has an AML compliance program
that addresses procedures for filing Suspicious Transaction
Reports and includes policies, procedures and internal
controls for customer identification, monitoring accounts
