CGSS Dumps (2023) Prepare Your Exam With 122 Questions
New CGSS Dumps - Real ACAMS Exam Questions
NEW QUESTION 20
Which of the following are UK government departments and agencies involved in sanctions:
- A. HM Revenue & Customs (HMRC)
- B. Department for International Trade
- C. HM Treasury
- D. Foreign & Commonwealth Office
Answer: A,B,C,D
NEW QUESTION 21
Rule 11 sanctions against pro se litigants are inappropriate where:
- A. He or she has received no prior warnings from the court
- B. The litigant has not filed repeated motions lacking in merit
- C. There is no evidence the litigant filed an action in bad faith
- D. A pro se plaintiff is an attorney
- E. None of the above
Answer: A,B,C
NEW QUESTION 22
For which of the following an OFSI license is required?
- A. To set off a debt.
- B. Payment for groceries.
- C. To issue or allow the redemption of vouchers, coupons, or reward points.
- D. To write off a debt.
- E. Goods of low value and purely for personal consumption, such as food, water, or electricity or gas for domestic use.
Answer: A,C,D
NEW QUESTION 23
Domestic theories include three reasons that function toward the effectiveness of economic exploitation. Choose the ones that are correctly stated.
- A. Targeted governments may prefer sanctions for reasons related to the racketeering of the economy.
- B. Sanctions are often imposed half-heartedly by sender governments because of the need to satisfy domestic political pressure to do something in response to some aspect of target behavior
- C. Targeted governments may prefer penalties, for reasons of economics and politics.
- D. Even if sanctions are solid, target governments may use the specter of foreign pressure to establish a 'rally-round-the-flag' effect.
Answer: B,C,D
NEW QUESTION 24
In the period between the 1983 amendment and the adoption of the current Rule 11 in 1993, which of the following propositions had support in the face of widespread criticism in the legal community:
- A. Rule 11 has occasionally created problems for a party which seeks to assert novel legal contentions
- B. Rule 11 provides little incentive, and perhaps a disincentive, for a party to abandon positions after determining they are no longer supportable in fact or law
- C. Rule 11, in conjunction with other rules, has tended to impact plaintiffs more frequently and severely than defendants
- D. Rule 11 has too rarely been enforced through nonmonetary sanctions, and with cost-shifting having become the normative sanction
Answer: A,B,C,D
NEW QUESTION 25
What is the code of numbers when deciding to alter economic sanctions to maintain sanctions?
- A. Two
- B. Four
- C. One
- D. Six
- E. Three
Answer: E
NEW QUESTION 26
Why threatening to change the exchange pattern in an existing economic relationship is often insufficient to guarantee the power of negotiation between states?
- A. It will domestically impact the sender economy
- B. It may impact the raw material needed for manufacturing products.
- C. If an exchange is taking place between two rational economic actors, then the terms of exchange can be assumed to be Pareto optimal
- D. The sender can derive political leverage from the target's dependence on the gains from a trading relationship
- E. The sender must be willing to sacrifice some of its gains from trade
Answer: C,D,E
NEW QUESTION 27
Under the 1993 Rule 11, as under the prior rule, parties have the continued obligation to mitigate damages resulting from a Rule 11 violation.
Which of the following may relate to this situation?
- A. Pollution Control Indus. of Am. v. Van Gundy, 21 F.3d 152, 156 (7th Cir. 1994) - Vacating sanctions against plaintiffs and remanding for appropriate award where defendants had a duty to mitigate costs but failed to raise the dispositive issue in a prompt and cost-efficient manner.
- B. Hamil v. Mobex Managed Servs. Co., 208 F.R.D. 247, 250 (N.D. Ind. 2002) - "[A] party must request Rule 11 sanctions as soon as practicable after discovery of a Rule 11 violation."
- C. Danvers v. Danvers, 959 F.2d 601, 605 (6th Cir. 1992) - Remanded for reduction of sanctions award where defendant's attorney spent several hours researching and preparing for discovery on meritless action rather than moving to dismiss.
- D. Thomas v. Capital Sec. Serv., 836 F.2d 866, 879 (5th Cir. 1988) - "A party seeking Rule 11 costs and attorneys' fees has a duty to mitigate those expenses by correlating his response, in hours and funds expended, to the merit of the claims."
- E. United Food & Commercial Workers Union Local No. 115 v. Armour & Co., 106 F.R.D. 345, 349-50 (N.D. Cal. 1985) - Court reduced fee request because counsel over-litigated the case.
Answer: B
NEW QUESTION 28
To what degree should human rights feature in the assessment of humanitarian implications of sanctions?
- A. 50% of the gross profit should be rendered for humanitarian sympathy
- B. Safeguarding and upholding any rights under the sanctions regime
- C. Charitable funds for humanitarian refugee
- D. Judgements on the legal obligations of people or entities involved
- E. 50% of the gross profit should be rendered for humanitarian sympathy
Answer: B,D
NEW QUESTION 29
Which of the following is/are not OFSI's approach to 'extraordinary expenses' licensing ground:
- A. This must not be an expense of the designated person and it must be extraordinary in nature (so no recurring or easily anticipated)
- B. It can be used where other grounds are more suitable or as a way of avoiding the clear limitations of those other grounds
- C. This must be an expense of the designated person and it must be extraordinary in nature (so no recurring or easily anticipated)
- D. It cannot be used where other grounds are more suitable or as a way of avoiding the clear limitations of those other grounds
Answer: A,B
NEW QUESTION 30
The economic incentives are effectively used to achieve substantive goals.
What other purposes are addressed by these incentives under sanctions?
- A. A targetted state to compel or change their policy
- B. To reform a state for better
- C. A state to surrender
- D. To change the public behavior
- E. An individual to give up assets
Answer: A
NEW QUESTION 31
Lavin observed that conservatives tended to favour incentives ('oxygen') for South Africa but not for Cuba, while liberals tended to favour incentives for the Soviet Union but not for South Africa.
So what could be influenced by how incentives are viewed?
- A. The way incentives are viewed may influence nuclear fuel in the future
- B. The way incentives are viewed may influence the political orientation
- C. The way incentives are viewed may influence ideology
- D. The way incentives are viewed may influence the official position
- E. The way incentives are viewed may influence engagement
Answer: B,C
NEW QUESTION 32
If the individual or entity you are dealing with matches all the information on the consolidated list, this is likely to be which of the following:
- A. Individual match
- B. Consolidated match
- C. Anonymous match
- D. Target match
- E. Name match
Answer: D
NEW QUESTION 33
North Korea's campaign to become a nuclear power first became apparent in March 1993, when it announced that it was withdrawing from a treaty.
Which of the following treaty is this?
- A. Treaty on the Prohibition of Nuclear Weapons
- B. Strategic Arms Limitation Treaty I (Interim Agreement)
- C. Nuclear Non-Proliferation Treaty (NPT)
- D. Ballistic Missile Launch Notification Agreement
- E. Intermediate-Range Nuclear Forces Treaty - INF
Answer: C
NEW QUESTION 34
Where the financial sanction is an asset freeze, it doesn't involve which of the following:
- A. There is a change in ownership of the frozen funds or economic resources
- B. The frozen funds or economic resources are confiscated or transferred to OFSI for safekeeping
- C. The frozen funds or economic resources are not confiscated or transferred to OFSI for safekeeping
- D. There is no change in ownership of the frozen funds or economic resources
Answer: A
NEW QUESTION 35
What is the primary purpose of Rule 11?
- A. Deal with corruption
- B. Deal with unnecessary filings
- C. Deal with unnecessary complaints
- D. Prevent legal malpractice
- E. Deal with crime
Answer: B,C,D
NEW QUESTION 36
According to OFSI, financial sanctions can be imposed with the following purposes, except:
- A. Constrain a target by denying them access to key resources needed to continue their offending behavior
- B. Protect the value of assets that have been misappropriated from a country until these assets can be repatriated
- C. Coerce a regime, or individuals within a regime, into changing their behavior
- D. Increase the value of assets that have been misappropriated from a country until these assets can be repatriated
- E. Signal disapproval, stigmatizing and potentially isolating a regime or individual
Answer: D
NEW QUESTION 37
The actions of the US President on sanctions differ according to the sort of nation he is sanctioning. All three types of nations have different decision calculations, and the calculation changes from the decision to apply to the decision to amend sanctions.
Specifically, the President penalizes non-Latin American and non-Communist countries for:
- A. Domestic reasons
- B. International causes
- C. Economic reasons
- D. Personal reasons
Answer: A,B
NEW QUESTION 38
Which of the following questions is/are to be asked while identifying causes in building a casual model?
- A. Measure key variables in more detail.
- B. Identify which causal links or inputs are most important.
- C. Is there evidence of a specific chain of events?
- D. For each variable, think what could be its causes.
- E. Are there other likely causes?
Answer: C,D,E
NEW QUESTION 39
All of the following are functions of the HM Treasury (Office of Financial Sanctions Implementation) except?
- A. Makes designations under UK domestic regimes
- B. Negotiates all international sanctions
- C. Can impose monetary penalties
- D. UK's competent authority for implementing financial sanctions
Answer: A,C,D
NEW QUESTION 40
Asset freezing legislation generally permits a person to make the following payments into a frozen account without the need for a license from OFSI, except:
- A. To make funds or economic resources available for the benefit of a designated person
- B. To credit a frozen account with payments from a third-person provided that the incoming funds are also frozen
- C. To make any payments due to a designated person under contracts
- D. To operate with obligations that were concluded or arose before the date the person became sanctioned
- E. To make payments under agreement or obligations
Answer: A
NEW QUESTION 41
......
Get Ready with CGSS Exam Dumps: https://www.pass4training.com/CGSS-pass-exam-training.html
Dependable CGSS Exam Dumps to Become ACAMS Certified: https://drive.google.com/open?id=1V8tFStKCLHLU5gdKLAs5mGeUzY1LdjCS
