Which of the following businesses would be eligible to be an exempt person under the requirements of the Bank Secrecy Act?
正解:
質問 2:
What is the longest time after board approval that a bank can approve a line of credit for an executive officer?
A. 6 months of such approval
B. 14 months of such approval
C. 9 months of such approval
D. 12 months of such approval
正解:B
質問 3:
Institutions that offer nontraditional mortgage products should make sure they comply with the following, as applicable, EXCEPT:
A. Truth in Lending Act
B. FTC Act (i.e., Unfair and Deceptive Acts and Practices)
C. RESTA
D. State laws prohibiting deceptive trade practices
正解:C
質問 4:
Mrs. Evans, a customer of First National Bank, deposits $15,000 in cash to her account.
During the transaction, Mrs. Evans explains that she received the money in the mail from
her sister in Europe. What responsibility does the bank have?
A. Complete a Currency Transaction Report (CTR)
B. Complete a CTR and encourage Mrs. Evans to file a CMIR
C. Complete a United States Customs form 4790 (CMIR)
D. Complete both a currency transaction report and a CMIR
正解:B
質問 5:
The banking agencies issued two guidances to caution depository institutions about risks involved in funding non-depository lenders that engage in predatory lending. Predatory and abusive practices include:
A. Excessive fees and interest rate including fees for unnecessary products
B. Balloon payments that may never cause foreclosures
C. Excessive refinancing with fees included in the new loan
D. High-pressure sales
正解:A,D
Tatara -
今時のアプリを利用した過去問演習にも対応
至れり尽くせりのCRCM一冊だなって思いました。