This page was exported from Exam for engine [ http://blog.test4engine.com ] Export date:Mon Nov 18 2:36:15 2024 / +0000 GMT ___________________________________________________ Title: [Aug 12, 2023] Fully Updated Free Actual ACAMS CGSS Exam Questions [Q24-Q43] --------------------------------------------------- [Aug 12, 2023] Fully Updated Free Actual ACAMS CGSS Exam Questions Free CGSS Questions for ACAMS CGSS Exam [Aug-2023] The CGSS certification exam covers a wide range of topics related to global sanctions compliance, including sanctions regimes, screening and due diligence, risk assessment, and sanctions enforcement. CGSS exam is designed to test candidates' knowledge of the latest developments in sanctions regulations and their ability to apply this knowledge in real-world scenarios. CGSS exam also assesses candidates' ability to identify and mitigate sanctions compliance risk within their organizations. The CGSS exam is designed to test an individual's knowledge and understanding of global sanctions regimes, including the laws, regulations, and best practices that govern sanctions compliance. CGSS exam covers a wide range of topics, including the various types of sanctions, the legal and regulatory frameworks governing sanctions, risk assessment methodologies, and compliance program development and implementation. Passing the CGSS exam demonstrates an individual's expertise in the field of sanctions compliance and is highly valued by employers in the financial services industry.   NEW QUESTION 24According 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 25What does UNICEF stand for?  United Nations International Children’s Emergency Fund  World Health Organization  Social, Cultural and Humanitarian  Pakistan National Assembly  Formun NEW QUESTION 26What is the code of numbers when deciding to alter economic sanctions to maintain sanctions?  Three  Two  One  Four  Six NEW QUESTION 27In 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 28Economic 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 29All 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 30Why 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 31The 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 32Which 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 33The 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 34Similar 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 35In 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 36Which syndrome could be considered a cultural norm or a state norm?  Borderline syndrome  Histrionic syndrome  Avoidant syndrome  Dependent syndrome  Munich syndrome NEW QUESTION 37A 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 38Under 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 39To 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  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 40A 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 41Rule 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.”  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. NEW QUESTION 42Asset 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 43Which 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  Loading … Validate your CGSS Exam Preparation with CGSS Practice Test: https://www.test4engine.com/CGSS_exam-latest-braindumps.html --------------------------------------------------- Images: https://blog.test4engine.com/wp-content/plugins/watu/loading.gif https://blog.test4engine.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-08-12 14:48:20 Post date GMT: 2023-08-12 14:48:20 Post modified date: 2023-08-12 14:48:20 Post modified date GMT: 2023-08-12 14:48:20