Certified Global Sanctions Specialist

Here you have the best ACAMS CGSS practice exam questions

  • You have 194 total questions across 39 pages (5 per page)
  • These questions were last updated on March 16, 2026
  • This site is not affiliated with or endorsed by ACAMS.
Question 1 of 194
Which are ways a financial institution can manage a frozen asset account? (Choose two.)
Answer

Suggested Answer

The suggested answer is B, E.

Question 2 of 194
How does the EU’s Best Practice Guidance differ from OFAC Guidance regarding sanctions due diligence and beneficial ownership? (Choose two.)
Answer

Suggested Answer

The suggested answer is D, E.

Question 3 of 194
An OFAC-designed person owns 60% of Entity A and 30% of Entity B. Entity A owns 25% of Entity C. Entity B owns 20% of Entity C. Which entity(ies) should be considered sanctioned according to the OFAC 50% rule?
Answer

Suggested Answer

The suggested answer is A.

Question 4 of 194
When applying a risk-based approach to creating a sanctions compliance program, a Sanctions Compliance Officer should include which elements in an evaluation of the business?
Answer

Suggested Answer

The suggested answer is C.

Question 5 of 194
After completing an investigation with the decision that no sanctions violation occurred, the best way to document the investigation is in accordance with:
Answer

Suggested Answer

The suggested answer is D.

About the ACAMS CGSS Certification Exam

About the Exam

The ACAMS CGSS (Certified Global Sanctions Specialist) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 194 practice questions across 39 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our CGSS questions are regularly updated to reflect the latest exam objectives.