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ACAMS Certified Global Sanctions Specialist Sample Questions (Q25-Q30):
NEW QUESTION # 25
There are three types of PBE: isolation, pooling, and semi-separation. In which category of PBE do the two forms of actor give the same signal?
- A. None of the above
- B. Separating equilibria
- C. Non-pooling equilibria
- D. pooling equilibria
- E. Semi-separating equilibria
Answer: D
NEW QUESTION # 26
The US Treasury adopts a mechanism of secondary sanctions to enforce compliance with its regulations. Which statement best describes the concept of secondary sanctions?
- A. Sanctions which apply to more than one country
- B. Sanctions which impose restrictions on persons not directly subject to US jurisdiction
- C. When an entity has been sanctioned for the second time
- D. Sanctions which are transferred to a bank through its correspondent banking relationship
Answer: B
Explanation:
The concept of secondary sanctions refers to sanctions imposed by the United States on non-US persons or entities that engage in certain activities involving sanctioned jurisdictions, individuals, or sectors. These sanctions apply even though the affected parties are not ordinarily subject to US jurisdiction.
Secondary sanctions are used to discourage foreign actors from engaging in conduct that undermines US sanctions objectives. They do not reflect repeated sanctions, nor are they tied to correspondent banking. They impose consequences irrespective of geographical or jurisdictional boundaries, provided the activity meets defined US sanctionable criteria.
Reference from Sanctions and Compliance Domains:
US Treasury framework defining secondary sanctions and applicability to non-US persons.
Distinction between primary and secondary sanctions.
NEW QUESTION # 27
Where the financial sanction is an asset freeze, it is generally prohibited to do which of the following:
- A. Deal with the frozen funds or economic resources, belonging to or owned, held or controlled by a designated person
- B. You gain access to certain exclusive benefits
- C. Make funds or economic resources available, directly or indirectly, to, or for the benefit of, a designated person
- D. Engage in actions that, directly or indirectly, circumvent the financial sanctions prohibitions
Answer: A,C,D
NEW QUESTION # 28
Which of the following is called Organized unilateral sanctions?
- A. By a state through intragovernmental cooperation.
- B. By a group of States through intragovernmental cooperation.
- C. By Non-profit organizations for human rights.
- D. By a group of States through intergovernmental cooperation.
- E. National organizations
Answer: D
NEW QUESTION # 29
What was the immediate goal of the 661 Iraqi international sanctions?
- A. Establishment of a Compensation Commission to handle requests for reparations resulting from the Gulf War.
- B. None of the above
- C. Power Iraq with nuclear, chemical, and biological weapons.
- D. Ensure the removal of Iraq from Kuwait.
- E. Ensure that Iraq's withdrawal from Kuwait is stopped.
Answer: D
NEW QUESTION # 30
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