Who can be imprisioned by allowing Money laundering in its own corporation?

Senior management, and whoever it is involved.

Only the Law Enforcement can help avoiding Money Laundering.

No, each country it has their own FIU.

Is the criminal offense of bribery equal in all the non sanction countries?

No, each country has its own thresholds, and definitions.

Why we call it Money Laundering?

Because the myth said that Capone used laundromats to clean it on money.

We should ask for an updated certificate of registration

The 3 months old is important because the merchant could lose the license.

How would you report suspected money laundering?

Escalating, reporting and letting the Compliance AML team.

What is the definition of corruption?

Abuse of a position of trust in order to gain an advantage.

What are the 3 stages to money laundering?

Placement, Layering and Intergration

What is the definition of bribery?

Offering something to gain an illicit advantage

What is money laundering?

Disguising criminal proceeds from their original origin

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ANTI-MONEY LAUNDERING, CORRUPTION AND BRIBERY

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To test your knowledge on anti-money laundering, corruption and bribery. Are you a winner? We will wait and see!

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Questions 20

Answers

1
Who can be imprisioned by allowing Money laundering in its own corporation?
Senior management, and whoever it is involved.
Noone.
Senior Management and the Compliance team.
It is a lie, only Barbara will go to jail for not teaching us well.
2
Which of these Companies have been sanctioned for allowing money laundering on its Company.
ING
BMW
All of above
Revolut
3
Only the Law Enforcement can help avoiding Money Laundering.
No, each country it has their own FIU.
Yes, because its definition.
Don't ask me I am just a tree.
Yes, and data cannot be shared.
4
Is the criminal offense of bribery equal in all the non sanction countries?
Yes, because it is a Criminal Offense and it is prosecuted in the same way
No, each country has its own thresholds, and definitions.
No, because it is settle by the FATF.
Yes, and it will always end with the author in jail.
5
What must you NOT do when you suspect someone of money laundering
Keep things confidential
None of the above
Tell your manager
Tip off the fraudster
6
How much money did the Manchester gang launder in offshore accounts?
15 million
10 million
7.35 million
5 million
7
Why we call it Money Laundering?
Because, of the drugs.
Because Romans used to clean the blood of the gold coins.
Because the myth said that Capone used laundromats to clean it on money.
Because it is said in the Policy.
8
We should ask for an updated certificate of registration
We shouldn't our merchants never lies.
None of the above.
We need the not less than three months because Compliance said so
The 3 months old is important because the merchant could lose the license.
9
Where does money laundering come from?
Individuals
All of the above
Businesses
Banks
10
How would you report suspected money laundering?
Escalating, reporting and letting the Compliance AML team.
We dont have to report it
Call the money laundering helpline 0800 1237878
Report it through www.fightagainstmoneylaundering.com
11
Who would you report Corruption and Bribery to?
Website - www.Antibribery.com/reportnow
Website - www.ReportCorruption.com
The N Brown Corruption and Bribery Office (CBO)
Your manager/Compliance team.
12
How would you detect money laundering?
The merchant is reluctant to provide documentation
The Merchant has a high dollar shop (Luxury, jewelry, travel organiser)
Customer is unable to provide the company structure.
All of the above
13
What is the definition of corruption?
Someone in authority
When individuals fail to follow the law
Politicians
Abuse of a position of trust in order to gain an advantage.
14
What are the 3 stages to money laundering?
Placement, Filing and Implementation
None of the above
Placement, Layering and Intergration
Placement, Adding and Removing
15
The penalty for failure to report someone suspected of money laundering is (UE)...
8 years imprisonment
10 years imprisonment
3 years imprisonment
5 years imprisonment
16
What is the definition of bribery?
Asking an employee to do something
Offering something to gain an illicit advantage
Asking an employee to work harder
Influencing an employee to work harder
17
What can be seen as a bribe?
All of the above
Accepting gifts
Accepting gifts
Accepting money
18
Which of these is not a sanctioned country?
Andorra
Congo
Iran
Russia
19
What is money laundering?
Exchanging old notes for new notes at the bank
Washing money in the washing machine
Making electronic transactions only
Disguising criminal proceeds from their original origin
20
What constitutes as a bribe?
Accepting gifts in return for promoting a certain supplier
Taking money for turning a blind eye
Taking money to provide customer details
All of the above

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