Staff Quiz

AN Express Staff Training & Development

Anti Money Laundering Awareness Course

Enter Your Name: Business/Company Email Phone Number
A basic requirement of a monitoring system is that:
Which of the following is not a feature of electronic checking?
Customer-facing staff should report suspicious transactions to:
Criminal property is:
All compliance measures must be implemented on a technological base e.g. hi-tech computer software, etc:
All records of transactions should be kept for a period of:
A.
B.
Who are beneficial owners?
To run a credit search on a customer, it is necessary to:
Criminal property is:
UK passports have a standard validity period of:
Identify features of a current-style UK driving licence.
What establishes the list of proscribed organisations with which financial institutions may not deal?
Identify features of a current-style (post 2011) UK passport.
What is involved in customer due diligence?
When must IDs be obtained?
If hospitality or promotions are offered to influence an official to secure business or a business advantage, or to improperly induce a potential client to award a contract, it can amount to bribery.
If a customer has come to you for the first time with two friends, each wanting to transfer significantly large sums of funds to the same beneficiary, would you proceed with the transfer?
Which of the following is a mandatory check in the electronic verification of ID?
Although paying a bribe is unlawful under the Bribery Act 2010, receiving a bribe is not unlawful.
According to the Money Laundering Regulations 2007:
An agent of a MSB does not need to register itself as a MSB if its transactions are all made through its principal MSB
How often should a customer’s record be updated?
Genuine hospitality and promotional expenditure that is incurred in order to improve a company’s image and services is bribery.
Money laundering activity includes:

Proof of income is required when a customer’s transaction total exceeds:
Businesses must maintain records of all staff training and reading. This is to:
If a member of the armed forces comes into the premises to transfer money abroad and shows his official ID, he/she is not required to provide any further ID documents.

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