This page was exported from Exam for engine [ http://blog.test4engine.com ] Export date:Mon Nov 18 2:41:56 2024 / +0000 GMT ___________________________________________________ Title: 2024 Realistic Verified Free ACAMS CGSS Exam Questions [Q39-Q63] --------------------------------------------------- 2024 Realistic Verified Free ACAMS CGSS Exam Questions CGSS Real Exam Questions and Answers FREE The CGSS certification exam is recognized globally and is highly valued by employers in the financial sector. Holding the CGSS certification demonstrates a commitment to professionalism and a dedication to staying up-to-date with the latest developments in sanctions compliance. Employers who hire CGSS-certified professionals can be confident that they are hiring individuals with the knowledge and skills needed to ensure compliance with sanctions regulations.   Q39. Among the tasks delegated to committees in connection with refining their own working methods, committees have been requested or required to undertake the following duties.Which of the following are included in this?  Co-operating with other relevant sanctions committees  Reviewing the reports of a monitoring mechanism, with a view to offering guidance on its future work  Promulgating and updating guidelines to facilitate the implementation of sanctions  Streamlining procedures for processing applications for exemptions from sanctions  Designating financial resources that would be subject to financial sanctions Q40. The Council noted that, in order to ensure that Iraq did not increase its capacity to re-arm, states were required to continue to prevent the sale, supply, or provision to Iraq.Which of the following items is NOT included in this?  arms and related material  nuclear weapons and activities such as nuclear testing  items relating to chemical and biological weapons, ballistic missiles with a range greater than 150km, and nuclear weapons  technology relating to arms and related material, chemical and biological weapons, ballistic missiles with a range greater than 150km, and nuclear weapons  personnel or training or technical support services relating to arms and related material, chemical and biological weapons, ballistic missiles with a range greater than 150km, and nuclear weapons Q41. Where the financial sanction is an asset freeze, it doesn’t involve which of the following:  There is no change in ownership of the frozen funds or economic resources  The frozen funds or economic resources are confiscated or transferred to OFSI for safekeeping  There is a change in ownership of the frozen funds or economic resources  The frozen funds or economic resources are not confiscated or transferred to OFSI for safekeeping Q42. With which of the following procedural conditions EU should comply with for resorting to countermeasures?  Respecting the principle of proportionality.  Calling upon the third (target) State to cease the violation.  Suggesting negotiations.  Notifying its intention to take resources.  Calling upon the International justice of the law. Q43. Diplomatic sanctions imposed on a target and parliamentary sanctions applied against a target aim to undermine the official relationship between a target and the outside world.How do you differentiate these two from one another?  Representative sanctions are not accepted as state though the diplomatic policy is recognized by the international community  Representative sanctions are associated with national reconciliation or stability while the diplomatic policy is associated with war  Representative sanctions have the representative of superpowers to give final decisions while diplomatic has no such member  Representative targets prohibit flights to and from a target through the diplomatic policy allow flights to and from a target  Both are same Q44. According to OFSI, financial sanctions can be imposed with the following purposes, except:  Coerce a regime, or individuals within a regime, into changing their behavior  Constrain a target by denying them access to key resources needed to continue their offending behavior  Signal disapproval, stigmatizing and potentially isolating a regime or individual  Increase the value of assets that have been misappropriated from a country until these assets can be repatriated  Protect the value of assets that have been misappropriated from a country until these assets can be repatriated Q45. Your obligation to report to OFSI is in addition to any other non-financial sanctions reporting obligations you may have and that includes the following except?  Reporting required by your regulator  Report under section 19 of the Terrorism Act 2000.  Submitting Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) under the Proceeds of Crime Act 2002.  Report under the OFSI Data Protection Act 1998  Sunbmisson of designations made under ATCSA 2001 Q46. 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 Q47. Which of the following statements states that the attacks are indiscriminate?  Utilizing weapons that are capable of distinguishing between civilian and military targets.  Attacks are not directed at a specific military objective.  Employ a method or means of combat which cannot be directed at a specific military objective.  Employ a method or means of combat, the effects of which cannot be limited.  Proportionate attacks Q48. 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 Q49. Rule 11 sanctions against pro se litigants are inappropriate where:  A pro se plaintiff is an attorney  There is no evidence the litigant filed an action in bad faith  He or she has received no prior warnings from the court  The litigant has not filed repeated motions lacking in merit  None of the above Q50. Which of the following schemes demonstrates unilateral coercive measures that have a negative effect on the basic means of survival?  Immunity of ESC-rights to economic sanctions.  Human rights objectives.  The friction of international law.  Impact of international human rights law.  The right to impose financial sanctions. Q51. The roles of the HM Treasury (Office of Financial Sanctions Implementation) includes the following except?  Enforces breaches of trade sanctions  UK’s competent authority for implementing financial sanctions  Can impose monetary penalties  Investigates breaches of financial sanctions  Makes designations under UK domestic regimes Q52. To whom does the person who jointly own an asset with the designated person can sell his share under existing licensing grounds?  The share cannot be sold.  The designated person.  The designated person’s family member.  A third party who has agreed to hold it for the benefit of the designated person.  To the OFSI. Q53. If there is going to be a member state resorting to war in breach of the Covenant then state the final judgment for them?  It would be subject to automatic sanctions  There will be reprisal blockade for it  All economic or financial ties for this will be cut  Forms of violence would fall short of the use of force envisaged for it  There will be reprisal blockade for it and all economic or financial ties for this will be cut Q54. When are the economic sanctions more likely to attain symbolic objectives?  When the sender is more dependent on the target  When the target is more dependent on the sender  When the sender is independent  When the target is independent  When sender and target both are independent Q55. Which of the following restrictions were made on Russia for imposing sanctions on Ukraine?  Prohibiting exports of dual-use goods and technology for military use in Ukraine.  Exports of certain energy-related equipment and technology to Russia.  Prohibiting import and export of arms and related material to/from Russia.  Restricting access to Ukrainian capital markets.  Restrictions on Crimea and Sevastopol Q56. Which of the following are UK government departments and agencies involved in sanctions:  Foreign & Commonwealth Office  HM Treasury  Department for International Trade  HM Revenue & Customs (HMRC) Q57. 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 Q58. In Resolution 661 (1990), the Council requested all States to avoid:  Availability of any funds or other cash flow assets to the Iraqi Government, any commercial or public service undertaking in Iraq or Kuwait, or to persons or bodies within Iraq or Kuwait.  Importation of all goods and services originating in Malaysia.  Exports of goods and services to Iraq.  Activities intended to promote the export of some goods or services from Iraq.  Exports of goods and services to Malaysia. Q59. Through which policy is wrongful conduct is ceased by the sanctioned state?  Ups and downs  Carrots and sticks  Countermeasures  Parallelism  Non-proliferation Q60. For which of the following an OFSI license is required?  To write off a debt.  Goods of low value and purely for personal consumption, such as food, water, or electricity or gas for domestic use.  To issue or allow the redemption of vouchers, coupons, or reward points.  Payment for groceries.  To set off a debt. Q61. How the offending party can withdraw or correct defective filings?  The safe harbor provision offers the offending party an opportunity to withdraw or correct defective filings  By appealing to the court  By correlating the response, in hours and funds expended, to the merit of the claims  Through mitigating factor resulting in a lesser sanction  Through mitigate expenses to a reasonable extent Q62. If the Security Council issues quasi-judicial proclamations against any nation that has a responsibility to take a judicial approach and comply with the basic requirements of natural justice, what might be the Council’s main concern against that nation?  The major concern would be the sanctions regime against that country.  The major concern would be to prevent the supply from non-state actors of weapons of mass destruction  The major concern would be the ability to create legal obligations against that country  The major concern would be good faith of states of that country  The major concern would be the de facto government Q63. Which of the following highlights how the Act is different from Rule 11 as amended in 1993?  The Act changes the procedure for imposing Rule 11 sanctions and it makes sanctions mandatory, removing any discretion from the district courts  The Act presumes that the opposing party’s attorneys’ fees will be the sanction, rejecting the focus on deterrence reflected in Rule 11  The Act does not change the procedure for imposing Rule 11 sanctions and it makes sanctions mandatory, removing any discretion from the district courts  The Act does not presume that the opposing party’s attorneys’ fees will be the sanction, rejecting the focus on deterrence reflected in Rule 11  Loading … Exam Dumps CGSS Practice Free Latest ACAMS Practice Tests: 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: 2024-03-10 15:30:24 Post date GMT: 2024-03-10 15:30:24 Post modified date: 2024-03-10 15:30:24 Post modified date GMT: 2024-03-10 15:30:24