[Aug 12, 2023] Fully Updated Free Actual ACAMS CGSS Exam Questions [Q24-Q43]

NEW QUESTION 24
According to OFSI, the asset freeze as a financial sanction generally involves the further steps, except:

Changes in ownership of the frozen funds or economic resources

Prohibited to deal with the frozen funds or economic resources

Prohibited to make funds or economic resources available, directly or indirectly for a designated person

Prohibited to make funds or economic resources available, directly or indirectly for a benefit

Prohibited to engage in actions that, directly or indirectly, circumvent the financial sanctions prohibitions

NEW QUESTION 25
What does UNICEF stand for?

United Nations International Children’s Emergency Fund

World Health Organization

Social, Cultural and Humanitarian

Pakistan National Assembly

Formun

NEW QUESTION 26
What is the code of numbers when deciding to alter economic sanctions to maintain sanctions?

Three

Two

One

Four

Six

NEW QUESTION 27
In the case of Libya, in January 1992, the Security Council described terrorist activities as a threat to:

Local markets

International security

Local security

International peace

NEW QUESTION 28
Economic sanctions are typically conceived of as foreign policy tools aimed at influencing another nation, they are a type of coercive diplomacy.
What is coercive diplomacy generally defined as?

Forceful persuasion

Public announcement

An effort to use some sort of coercion to stop another nation’s actions

Decision made by voting

An effort to amend a certain law

NEW QUESTION 29
All of the following are functions of the HM Treasury (Office of Financial Sanctions Implementation) except?

UK’s competent authority for implementing financial sanctions

Makes designations under UK domestic regimes

Can impose monetary penalties

Negotiates all international sanctions

NEW QUESTION 30
Why threatening to change the exchange pattern in an existing economic relationship is often insufficient to guarantee the power of negotiation between states?

It may impact the raw material needed for manufacturing products.

The sender can derive political leverage from the target’s dependence on the gains from a trading relationship

The sender must be willing to sacrifice some of its gains from trade

It will domestically impact the sender economy

If an exchange is taking place between two rational economic actors, then the terms of exchange can be assumed to be Pareto optimal

NEW QUESTION 31
The actions of the US President on sanctions differ according to the sort of nation he is sanctioning. All three types of nations have different decision calculations, and the calculation changes from the decision to apply to the decision to amend sanctions.
Specifically, the President penalizes non-Latin American and non-Communist countries for:

Personal reasons

Economic reasons

Domestic reasons

International causes

NEW QUESTION 32
Which of the following is/are international initiatives that have been undertaken to develop and hone political approaches to the targeting of sanctions?

The Interlaken Process

The UN Security Council Process

The Bonn-Berlin Process

The Stockholm Process on the Implementation of Targeted UN Sanctions

The Targeted Financial Sanctions Process

NEW QUESTION 33
The dverse impact of unilateral sanctions on basic human rights of the citizens of the targeted States such as the following is manifest except?

the rights to food

the rights to health

the rights to life

the rights to religion

the rights to access to medicine

NEW QUESTION 34
Similar State-level constraints apply both in the target country and in third countries.
Which of the following statements supports the corresponding argument in respect of the target country?

The provision of assistance may not be used as a benefit for being cooperative.

The offer of assistance can be seen not as a challenge but as a reward.

The offer of assistance can be perceived not as a pledge, but as a menace.

The offer of assistance can be perceived as an act of revenge.

All of the above

NEW QUESTION 35
In terms of exemptions from comprehensive sanctions, there are classes of items that have been exempted by the Council.
Which of the following are included in this?

materials and supplies essential for civilian need

needs of military forces

educational need for the children

government

commodities and products for essential humanitarian need

NEW QUESTION 36
Which syndrome could be considered a cultural norm or a state norm?

Borderline syndrome

Histrionic syndrome

Avoidant syndrome

Dependent syndrome

Munich syndrome

NEW QUESTION 37
A relevant institutions must inform OFSI without delay whenever it credits a frozen account with which of the following?

Payments made without the prior consent of the legal person or designated person

Payments due under prior contracts

Funds transferred to an account by a third party

Payments made under judicial decisions rendered in an EU member state

Funds dealing with breaches of licensing conditions

NEW QUESTION 38
Under the 1993 Rule 11, as under the prior rule, parties have the continued obligation to mitigate damages resulting from a Rule 11 violation.
Which of the following may relate to this situation?

Hamil v. Mobex Managed Servs. Co., 208 F.R.D. 247, 250 (N.D. Ind. 2002) – “[A] party must request Rule 11 sanctions as soon as practicable after discovery of a Rule 11 violation.”

United Food & Commercial Workers Union Local No. 115 v. Armour & Co., 106 F.R.D. 345, 349-50 (N.D. Cal. 1985) – Court reduced fee request because counsel over-litigated the case.

Pollution Control Indus. of Am. v. Van Gundy, 21 F.3d 152, 156 (7th Cir. 1994) – Vacating sanctions against plaintiffs and remanding for appropriate award where defendants had a duty to mitigate costs but failed to raise the dispositive issue in a prompt and cost-efficient manner.

Danvers v. Danvers, 959 F.2d 601, 605 (6th Cir. 1992) – Remanded for reduction of sanctions award where defendant’s attorney spent several hours researching and preparing for discovery on meritless action rather than moving to dismiss.

Thomas v. Capital Sec. Serv., 836 F.2d 866, 879 (5th Cir. 1988) – “A party seeking Rule 11 costs and attorneys’ fees has a duty to mitigate those expenses by correlating his response, in hours and funds expended, to the merit of the claims.”

NEW QUESTION 39
To what degree should human rights feature in the assessment of humanitarian implications of sanctions?

50% of the gross profit should be rendered for humanitarian sympathy

Judgements on the legal obligations of people or entities involved

Safeguarding and upholding any rights under the sanctions regime

Charitable funds for humanitarian refugee

NEW QUESTION 40
A community correctional center to which an offender reports each day to file a daily schedule with a supervision officer, showing how each hour will be spent is called which of the following?

A halfway house

An intensive supervision center

A residential treatment center

A day reporting center.

A ground clutter center

NEW QUESTION 41
Rule 11 motions are also not listed in the statute’s list of exceptions to pretrial matters that magistrate judges can permissibly determine. In this circumstance, which of the following is related?

Grimes v. City & County of San Francisco, 951 F.2d 236, 240-241 (9th Cir. 1991) – The Ninth Circuit similarly held that discovery sanctions under Rule 37 are also appropriate for determination by magistrate judges.

Plante v. Fleet Nat’l Bank, 978 F. Supp. 59, 64-65 (D.R.I. 1997) – De novo review applies regardless of whether magistrate issues order or recommendation.

Zambrano v. International Ass’n of Machinists, No. 89 C 6109, 1992 U.S. Dist. LEXIS 2221, at *13-14 (N.D. Ill. Feb. 19, 1992) – Rejecting, after de novo review, magistrate judge’s recommendation to impose sanctions.

Hamil v. Mobex Managed Servs. Co., 208 F.R.D. 247, 250 (N.D. Ind. 2002) – “[A] party must request Rule 11 sanctions as soon as practicable after discovery of a Rule 11 violation.”

NEW QUESTION 42
Asset freezing legislation generally permits a person to make the following payments into a frozen account without the need for a license from OFSI, except:

To make any payments due to a designated person under contracts

To make funds or economic resources available for the benefit of a designated person

To operate with obligations that were concluded or arose before the date the person became sanctioned

To credit a frozen account with payments from a third-person provided that the incoming funds are also frozen

To make payments under agreement or obligations

NEW QUESTION 43
Which of the following is needed to pay salary and related expenses to the designated person?

His salary account.

A lawyer’s permission.

Frozen account

OFSI license

Bank permission