ACAMS Practice Exam 6th Ed
2026 Exam Questions and
Correct Answers | New Update
1. What is the Right of Reciprocity in the field of international cooperation
against money laundering?
A. The legal principle that financial institutions that have referred customers
to other financial institutions can share information about these customers
with the other institutions.
,B. A rule of the Basel Committee allowing properly regulated financial
institutes of another member state of the Basel Committee to do business
without additional supervision to the degree that the other state grants the
same right.
C. The right of each FATF member country to delegate prosecution of a
case of money laundering to another member that is already investigating
the same case.
D. A rule in the law of a country allowing its authorities to cooperate with
authorities of other countries to the degree that their law allows them to do
the same.. - 🧠 ANSWER ✔✔D. A rule in the law of a country allowing its
authorities to cooperate with authorities of other countries to the degree
that their law allows them to do the same.
1. Which of the following is the most common method of laundering money
through a legal money services business?
,A. Purchasing structured money instruments.
B. Smuggling bulk-cash.
C. Transferring funds through Payable Through Accounts (PTAs).
D. Exchanging Colombian pesos on the black market. - 🧠 ANSWER ✔✔A.
Purchasing structured money instruments.
1. In general, the three phases of money laundering are said to be:
Placement:
A. Structuring and manipulation.
B. Layering and integration.
C. Layering and smurfing.
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, D. Integration and infiltration. - 🧠 ANSWER ✔✔B. Layering and integration.
1. Which statement is true?
A. Bust-out schemes are popular in creating large bankruptcy frauds where
businesses secure increasing loans in excess of the actual value of the
company or property and then run with the money, leaving the lender to
foreclose and take a substantial loss.
B. Cuckoo smurfing is a significant money laundering technique identified
by the Financial Action Task Force, where a form of structuring uses
nested accounts with shell banks in secrecy havens.
C. In its 40 Recommendations, the FATF issued a list of "designated
categories of offense" that asserts crimes for a money laundering
prosecution.
2026 Exam Questions and
Correct Answers | New Update
1. What is the Right of Reciprocity in the field of international cooperation
against money laundering?
A. The legal principle that financial institutions that have referred customers
to other financial institutions can share information about these customers
with the other institutions.
,B. A rule of the Basel Committee allowing properly regulated financial
institutes of another member state of the Basel Committee to do business
without additional supervision to the degree that the other state grants the
same right.
C. The right of each FATF member country to delegate prosecution of a
case of money laundering to another member that is already investigating
the same case.
D. A rule in the law of a country allowing its authorities to cooperate with
authorities of other countries to the degree that their law allows them to do
the same.. - 🧠 ANSWER ✔✔D. A rule in the law of a country allowing its
authorities to cooperate with authorities of other countries to the degree
that their law allows them to do the same.
1. Which of the following is the most common method of laundering money
through a legal money services business?
,A. Purchasing structured money instruments.
B. Smuggling bulk-cash.
C. Transferring funds through Payable Through Accounts (PTAs).
D. Exchanging Colombian pesos on the black market. - 🧠 ANSWER ✔✔A.
Purchasing structured money instruments.
1. In general, the three phases of money laundering are said to be:
Placement:
A. Structuring and manipulation.
B. Layering and integration.
C. Layering and smurfing.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, D. Integration and infiltration. - 🧠 ANSWER ✔✔B. Layering and integration.
1. Which statement is true?
A. Bust-out schemes are popular in creating large bankruptcy frauds where
businesses secure increasing loans in excess of the actual value of the
company or property and then run with the money, leaving the lender to
foreclose and take a substantial loss.
B. Cuckoo smurfing is a significant money laundering technique identified
by the Financial Action Task Force, where a form of structuring uses
nested accounts with shell banks in secrecy havens.
C. In its 40 Recommendations, the FATF issued a list of "designated
categories of offense" that asserts crimes for a money laundering
prosecution.
