Certified Global Sanctions Specialist (CGSS)
Exam Dumps
ACAMS Certified Global Sanctions Specialist (CGSS) certification - Answer- CGSS is an ACAMS
certification that equips an organisation's workforce with a credential that represents a serious
commitment to compliance with sanctions, in a world of increasingly complex laws, regulations,
and policies. CGSS is global, allowing multinational institutions to strategically and uniformly apply
the same programme for all global employees.
ACAMS Certified Global Sanctions Specialist (CGSS) Exam - Answer- Duration: 175 minutes
Format: Multiple-choice
Number of questions: 100
Passing score: 62.5%
Languages: English, Arabic, French
Exam Domains: - Answer- Governance and Enforcement (25%)
Sanctions Evasion Techniques (17.5%)
Sanctions Due Diligence (20%)
Sanctions Screening (20%)
Sanctions Investigations and Asset Freezing (17.5%)
Financial sanctions are restrictions put in place by the UN, EU or UK to do which of the following?
A. Limit the provision of certain financial services
B. Restrict access to financial markets
C. Limit the amount of sanctioned trades
D. Restrict access to funds and economic resources
E. Conserve sudden financial spikes in the economy - Answer- Answer: A,B,D
A relevant institutions must inform OFSI without delay whenever it credits a frozen account with
which of the following?
A. Payments made without the prior consent of the legal person or designated person
B. Payments due under prior contracts
C. Funds transferred to an account by a third party
D. Payments made under judicial decisions rendered in an EU member state
E. Funds dealing with breaches of licensing conditions - Answer- Answer: B,C,D
Which of the following highlights how the Act is different from Rule 11 as amended in 1993?
A. The Act changes the procedure for imposing Rule 11 sanctions and it makes sanctions
mandatory, removing any discretion from the district courts
B. The Act presumes that the opposing party's attorneys' fees will be the sanction, rejecting the
focus on deterrence reflected in Rule 11
C. The Act does not change the procedure for imposing Rule 11 sanctions and it makes sanctions
mandatory, removing any discretion from the district courts
D. The Act does not presume that the opposing party's attorneys' fees will be the sanction,
rejecting the focus on deterrence reflected in Rule 11 - Answer- Answer: A,B
Information must be which of the following in order to be useful?
Exam Dumps
ACAMS Certified Global Sanctions Specialist (CGSS) certification - Answer- CGSS is an ACAMS
certification that equips an organisation's workforce with a credential that represents a serious
commitment to compliance with sanctions, in a world of increasingly complex laws, regulations,
and policies. CGSS is global, allowing multinational institutions to strategically and uniformly apply
the same programme for all global employees.
ACAMS Certified Global Sanctions Specialist (CGSS) Exam - Answer- Duration: 175 minutes
Format: Multiple-choice
Number of questions: 100
Passing score: 62.5%
Languages: English, Arabic, French
Exam Domains: - Answer- Governance and Enforcement (25%)
Sanctions Evasion Techniques (17.5%)
Sanctions Due Diligence (20%)
Sanctions Screening (20%)
Sanctions Investigations and Asset Freezing (17.5%)
Financial sanctions are restrictions put in place by the UN, EU or UK to do which of the following?
A. Limit the provision of certain financial services
B. Restrict access to financial markets
C. Limit the amount of sanctioned trades
D. Restrict access to funds and economic resources
E. Conserve sudden financial spikes in the economy - Answer- Answer: A,B,D
A relevant institutions must inform OFSI without delay whenever it credits a frozen account with
which of the following?
A. Payments made without the prior consent of the legal person or designated person
B. Payments due under prior contracts
C. Funds transferred to an account by a third party
D. Payments made under judicial decisions rendered in an EU member state
E. Funds dealing with breaches of licensing conditions - Answer- Answer: B,C,D
Which of the following highlights how the Act is different from Rule 11 as amended in 1993?
A. The Act changes the procedure for imposing Rule 11 sanctions and it makes sanctions
mandatory, removing any discretion from the district courts
B. The Act presumes that the opposing party's attorneys' fees will be the sanction, rejecting the
focus on deterrence reflected in Rule 11
C. The Act does not change the procedure for imposing Rule 11 sanctions and it makes sanctions
mandatory, removing any discretion from the district courts
D. The Act does not presume that the opposing party's attorneys' fees will be the sanction,
rejecting the focus on deterrence reflected in Rule 11 - Answer- Answer: A,B
Information must be which of the following in order to be useful?
