Centre Objectives in Combating Money Laundering and Financing Terrorism Quiz
12 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is one of the functions of the Centre mentioned in the text?

  • Providing legal services to investigative authorities
  • Running advertising campaigns
  • Conducting physical investigations
  • Processing and analyzing information in terms of the Act (correct)

    • Which entities does the Centre cooperate with according to the text?

  • National Transportation Agency
  • National Immigration Service
  • South African Revenue Service (correct)
  • National Parks Authority

    • What is one of the duties of the Centre towards accountable institutions?

  • Conducting performance appraisals
  • Providing free legal advice
  • Monitoring and giving guidance on compliance with the Act (correct)
  • Providing tax incentives

    • What does the Centre do annually regarding the Act?

    <p>Review the Act and submit a report to the Minister (C)</p> Signup and view all the answers

    Which type of system does the Centre implement according to the text?

    <p>Registration system for institutions (C)</p> Signup and view all the answers

    What does the Centre review and submit a report on annually?

    <p>Implementation of this Act (A)</p> Signup and view all the answers

    What is the principal objective of the Centre mentioned in the text?

    <p>Identification of persons involved in money laundering activities (B)</p> Signup and view all the answers

    Which of the following bodies is NOT mentioned as a recipient of information collected by the Centre?

    <p>National Revenue Agency (C)</p> Signup and view all the answers

    What is one of the objectives related to forensic evidence production mentioned in the text?

    <p>Producing forensic evidence to trace financial transactions and links between persons and property (A)</p> Signup and view all the answers

    Which of the following is NOT an objective related to information exchange in the text?

    <p>Exchanging information about wildlife preservation activities (D)</p> Signup and view all the answers

    What is the purpose of administering measures requiring persons to freeze property and transactions, as per the text?

    <p>To comply with resolutions adopted by the Security Council of the United Nations (A)</p> Signup and view all the answers

    Which of these bodies is NOT mentioned as having investigative division in a national department?

    <p>Office of the Public Protector (B)</p> Signup and view all the answers

    More Like This

    Money Laundering Techniques and Financing of Terrorism
    10 questions

    Money Laundering Techniques and Financing of Terrorism

    IrresistibleJupiter avatar
    IrresistibleJupiter
    Money Laundering and Terrorism Financing
    17 questions

    Money Laundering and Terrorism Financing

    IrresistibleJupiter avatar
    IrresistibleJupiter
    Money Laundering and Terrorism Financing
    39 questions

    Money Laundering and Terrorism Financing

    ConstructiveMilkyWay avatar
    ConstructiveMilkyWay
    Money Laundering and Terrorism Financing
    10 questions

    Money Laundering and Terrorism Financing

    EnterprisingGreen7613 avatar
    EnterprisingGreen7613
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser