Anti Money Laundering

8 Questions | Total Attempts: 4977

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Anti Money Laundering

Questions relating to money laundering and the ways and means of preventing it.


Questions and Answers
  • 1. 
    A number of recomendations have been made by whom?
    • A. 

      Financial Action Task Field

    • B. 

      Financial Aging Terror Fund

    • C. 

      Fincial Action Task Force

    • D. 

      Finacial Laundering Task Force

  • 2. 
    Which Countries are not allowed gamble?
    • A. 

      Australia, Cuba & Italy

    • B. 

      Australia, Cuba, Italy & Korea

    • C. 

      Ireland

    • D. 

      UK

  • 3. 
    Under FATF guidelines companies have a duty of care called what?
    • A. 

      Know Your Customer

    • B. 

      Monitor Customers manually

    • C. 

      Customer Due Care

    • D. 

      Customer Due Diligence

  • 4. 
    Know Your Customer (KYC) in Boylesports - Customers are required to provide what compulsory details when registering?
    • A. 

      Name, Address & DOB

    • B. 

      Name, Address, DOB and Telephone number

    • C. 

      Name, Address & Credit Card

    • D. 

      Name & Address

  • 5. 
    How long are verification records required to be kept by Boylesports?
    • A. 

      5 Years

    • B. 

      2 Years

    • C. 

      6 Months

    • D. 

      3 Years

  • 6. 
    If I see something that looks suspicious what should I do?
    • A. 

      Say nothing and hope that it will go away

    • B. 

      Inform your Supervisor or Manager

    • C. 

      Inform the MLRO immediately

    • D. 

      Contact the Police

  • 7. 
    If I don't report activity that is deemed suspicious and is later discovered has been involved in money laundering - what will happen?
    • A. 

      You could be held guilty of an offence and liable to a fine or imprisonment.

    • B. 

      Boylesports will be fined

    • C. 

      The MLRO will be held guilty of an offence and liable to a fine or imprisonment.

    • D. 

      Nothing will happen

  • 8. 
    Who is Boylesports MLRO (Money Laundering Relations Officer)
    • A. 

      Mark Matthews

    • B. 

      Camilla Gilson

    • C. 

      John Boyle

    • D. 

      Michael Bent