CySEC AML · Chapter 2 of 8
Chapter 2: Understanding Money Laundering, Terrorist Financing and Sanctions
How illicit funds move through the financial system, how terrorism is financed, and how financial sanctions regimes operate.
8 of 40 exam questions (20%) · 87 practice questions · free: 7 notes, 18 flashcards
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What Chapter 2 covers
The key topics of this chapter in the CySEC AML syllabus. Each has a free study note.
- The three stages of money laundering: placement, layering, integrationRead the note: What are the three stages of money laundering?
- Terrorist financing and how it differs from money launderingRead the note: What is terrorist financing and how does it differ from money laundering?
- Predicate offences and typologiesRead the note: What is money laundering?
- Financial and economic sanctions regimesRead the note: How do financial sanctions work for firms in Cyprus?
- The FATF and international AML/CFT standardsRead the note: How do the EU AML directives and the FATF shape Cyprus's AML rules?
Exam questions per chapter
40 questions in the CySEC AML exam
- Ch 1 · Introductory Provisions0 questions
- Ch 2 · Understanding Money Laundering, Terrorist Financing and Sanctions (this chapter)8 questions
- Ch 3 · Legal and Regulatory Requirements6 questions
- Ch 4 · The AML Compliance Culture3 questions
- Ch 5 · Assessing and Managing Risks6 questions
- Ch 6 · Know Your Customer (KYC) and Customer Due Diligence (CDD)11 questions
- Ch 7 · Transaction Monitoring and Suspicious Reporting4 questions
- Ch 8 · Crypto Asset Service Providers2 questions
Questions about Chapter 2
How many questions does CySEC AML Chapter 2 carry?
Chapter 2, Understanding Money Laundering, Terrorist Financing and Sanctions, accounts for approximately 8 of the 40 questions in the CySEC AML exam (around 20% of the total). The exact number can vary slightly from one sitting to the next.
What topics are tested in CySEC AML Chapter 2?
Chapter 2 covers: The three stages of money laundering: placement, layering, integration; Terrorist financing and how it differs from money laundering; Predicate offences and typologies; Financial and economic sanctions regimes; The FATF and international AML/CFT standards.
Should I prioritise Chapter 2 in my CySEC AML revision?
Yes. Chapter 2 is one of the highest-weighted chapters, with approximately 8 exam questions. Allocate proportionally more study time here, practise questions while the material is fresh and aim for 90%+ accuracy before moving on.
How can I practise CySEC AML Chapter 2 questions?
Start with 10 free questions from across the CySEC AML syllabus; no account is needed. For this chapter, the Chapter 2 Brief (€19) gives you all 87 questions in this chapter, each with a hint before you answer and an explanation after. The Chapter 2 Exam Mock (€9) is 10 exam-style questions from the chapter: one attempt, then a review of every answer. If you are sitting the whole exam, the All-in-One (€219) has every chapter, all 534 questions and 5 full mock exams. Prices are final, with no VAT added, and access has no expiry date.
Start with 10 free questions
See how the hints and explanations work before you pay.