Mar ’19 – May ’19 Quiz Issue: Vol. 18 No. 2 Table of Contents Please login or join today for member only downloads and resources. Take the Quiz 1. PEP risks can be informed by:* A) How powerful the PEP in question is. B) The proximity of the PEP’s position to their business’ interests. C) The PEP’s geography. D) All of the above. 2. “The FATF uses the term ‘_____’ to refer to digital representations of value that can be digitally traded or transferred and can be used for payment or investment purposes, including digital representations of value that function as a medium of exchange, a unit of account, and/or a store of value….”* A) Virtual currency B) Digital currency C) Cryptocurrency D) Virtual asset 3. According to “Brexiting sanctions unanimity?” which of the following sanctions regimes is most likely to remain aligned between the EU and the U.K.?* A) Syria B) Russia C) North Korea D) Iran 4. Which of the following terms is used as a point of reference to stay ahead of and avert terrorist attacks?* A) Left of boom B) Right of boom C) Left of flash D) Right of bang 5. The ___ took a big step in bringing innovative payments methods and digital currencies into scope.* A) 4AMLD B) 5AMLD C) Money Transfer Regulation D) EU Criminal Law Directive Δ
