Mar ’14 – May ’14 Quiz Issue: Vol. 13 No. 2 Web Version Please login or join today for member only downloads and resources. Take the Quiz 1. What is SWIFT?* A) An international financial information provider B) A secure financial messaging system C) A secure provider that tracks imports and exports 2. What’s the first step to “break in” a new mule?* A) The mule receives illicit funds into their bank account B) Driver convinces the mule to work for their fake company C) Driver sends job vacancy ads through email, print media, job websites or an Internet chat room. 3. __________ is the intersection where criminals and terrorists work together to support each other to maximize the benefit of their individual causes.* A) Diversification B) Convergence C) Interchange 4. Which is a challenge banks may face when upgrading their AML systems?* A) Understanding the features, functionality and options available in updated AML softwares B) Understanding the complexity and life cycle of a new AML system C) Understanding and keeping up with current regulatory expectations and issued guidances D) All of the above 5. Which country is said to have become one of the world-leading international financial centers?* A) India B) Thailand C) Singapore Δ