Do you know about the Bank Secrecy Act? Could you pass this quiz? The Bank Secrecy Act is a piece of legislation enacted in 1970, which is meant to keep banks from being a place where criminal launder money. Under this act, US...
Questions: 10 | Attempts: 2405 | Last updated: Jul 29, 2020
What are the three independent steps of money laundering?
Placement- Physically placing bulk cash proceeds
Washing- Making sure the money is clean
Layering- Separating the proceeds of the crimincal activity from their origins through layers of complex financial transactions.
Spending- Spend that cash!
Integration- Providing an apparently legitimate explanation for the illicit proceeds.
Questions: 50 | Attempts: 2103 | Last updated: Mar 21, 2017
Tagline of Andhra Bank
India's International Bank
Use the best answer
Questions: 162 | Attempts: 1772 | Last updated: Jan 23, 2013
Who is responsible to ensure a preflight inspection is accomplished?