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Acams Exam CAMS Topic 1 Question 95 Discussion

Actual exam question for Acams's CAMS exam
Question #: 95
Topic #: 1
[All CAMS Questions]

How can awareness be raised within countries that do not have sanctions regulatory regimes? (Select Two.)

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Suggested Answer: B, D

Many jurisdictions lack robust sanctions frameworks, requiring international cooperation and education to improve compliance.

Option B (Correct): Educational initiatives such as AML/sanctions training and workshops help raise awareness and build capacity.

Option D (Correct): Bilateral cooperation allows knowledge-sharing and technical assistance between regulatory authorities.

Why Other Options Are Incorrect:

Option A (Incorrect): Trade restrictions may pressure non-compliant nations, but they do not directly improve sanctions awareness.

Option C (Incorrect): Enforcing fines without prior education or assistance is ineffective and may create diplomatic tensions.

Best Practices for Sanctions Awareness & Compliance:

Develop international AML/sanctions training programs for emerging markets.

Encourage diplomatic engagement to strengthen legal frameworks.

Leverage FATF's Mutual Evaluation process to assess progress.


FATF Recommendation 6 (Sanctions & International Cooperation)

OFAC Guidance on Sanctions Compliance for Emerging Jurisdictions

Egmont Group Guidelines on Information Sharing & Capacity Building

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