Knowledge Base

← Financial Security: AML/CFT, Anti-Corruption, and Sanctions

Questions

Which sector is particularly exposed to placement risk according to the text?

Notaries
Financial intermediaries
Banking institutions
Real estate agents

Which placement technique is described as the structuring of bank deposits into amounts below 10,000 euros to avoid triggering alerts?

Purchasing high-value goods with cash
Multiple international wire transfers
Smurfing
Use of shell companies

Which phase of money laundering aims to break the traceability link between funds and their criminal source?

Placement
Layering
Integration
Assessment

Which layering technique is identified as particularly concerning in the TRACFIN 2024 report?

Multiple international wire transfers
Laundromat companies
Successive conversions into foreign currencies
Back-to-back loans

Categorize items by dragging them to the appropriate zones

Items to categorize:

Smurfing
Multiple international wire transfers
Real estate investments
Categories:

Placement

Layering

Integration

Real estate investment companies (SCI) are primarily used during the integration phase of money laundering.

True
False

Placement phase

Click to see answer

Life insurance contracts are rarely used for the integration of laundered funds.

True
False