ACAMS CGSS : Certified Global Sanctions Specialist

CGSS real exams

Exam Code: CGSS

Exam Name: Certified Global Sanctions Specialist

Updated: Oct 10, 2026

Q & A: 103 Questions and Answers

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The CGSS exam is a four-hour, computer-based test that consists of 120 multiple-choice questions. The questions are designed to test the candidate's knowledge of sanctions regulations, risk assessment, and compliance strategies. CGSS exam is offered in multiple languages, including English, Spanish, and Chinese, and is administered in testing centers around the world.

ACAMS CGSS certification is essential for professionals working in the financial industry, including compliance officers, risk managers, and AML professionals. Certified Global Sanctions Specialist certification helps professionals to improve their skills and knowledge in sanction compliance, which is a critical area in the financial industry. Having this certification can also increase job opportunities and career advancement.

Reference: https://www.acams.org/en/certifications/certified-global-sanctions-specialist-cgss#course-content-deffae40

The CGSS certification is a valuable credential for professionals who work in the financial services industry, including compliance officers, risk managers, and sanctions specialists. Certified Global Sanctions Specialist certification demonstrates a professional's commitment to maintaining the highest standards of compliance and risk management, and can help to advance their career in the field. The CGSS certification exam is a rigorous and challenging test of a candidate's knowledge and expertise, but those who successfully pass the exam will have the skills and knowledge needed to excel in their role and make a positive impact on their organization.

The CGSS certification is recognized globally as a mark of excellence in the field of sanctions compliance. It is highly valued by employers and can help professionals to advance their careers. CGSS exam covers a wide range of topics related to sanctions compliance, including risk management, due diligence, and regulatory frameworks. Certified Global Sanctions Specialist certification is suitable for individuals working in a variety of industries, including banking, finance, and government.

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ACAMS CGSS Exam Syllabus Topics:

SectionObjectives
Screening and Monitoring Systems- Name matching and alert management
- Customer and transaction screening
Sanctions Evasion and Typologies- Red flags and investigative indicators
- Common evasion techniques
Compliance Operations and Enforcement- Regulatory expectations and enforcement actions
- Case management and investigations
Foundations of Global Sanctions Compliance- Sanctions regulatory landscape (UN, OFAC, EU, UK)
- Key sanctions terminology and typologies
Sanctions Governance and Risk Management- Policies, procedures, and internal controls
- Enterprise sanctions risk assessment

ACAMS Certified Global Sanctions Specialist Sample Questions:

Question #1

Based on the Wolfsberg Guidance on Sanctions Screening, what are the core principles for generating productive alerts? (Select Two.)

  • A. Manual processes that ensure lists are screened only against specific jurisdictional data
  • B. Reducing the threshold settings from the optimal level to create more productive alerts
  • C. Addressing the inclusion of a "good guy" list so that it does not suppress common false positives
  • D. Including exclusions for parties that pose low risks to be omitted from screening
  • E. Reviewing and removing reference data from screening, on an ongoing basis, once the data is no longer risk relevant
Reveal Solution  Discussion  0

Correct Answer: C,E  🗳️

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Question #2

While reviewing a transaction screening alert, an analyst noted that a payment message made reference to a port in a sanctioned country. The payment was to a company based in a country neighboring the sanctioned country. Which action should the analyst take?

  • A. Review if the beneficiary party's country applies sanctions on the neighboring country; if not, the payment can be approved.
  • B. Request the underlying documents and shipment details to ensure there is no involvement of a sanctioned party, port, or sanctioned country goods.
  • C. Reject the payment and request the remitter to remove any reference to sanctioned country port in the payment message.
  • D. Approve the payment since the parties in the payment are not based in a sanctioned country or are not subject to sanctions.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

A compliance officer at a US company discovers one of its European subsidiaries was altering the end-user's location information for certain dual-use goods ultimately being sent to Iran. Which should be the next step?

  • A. Cease shipments of goods from the US to sanctioned jurisdiction and implement a more robust sanctions compliance program.
  • B. Inform management that there would be no issue since the foreign affiliated subsidiary attested that sanctions due diligence was performed.
  • C. Advise the subsidiary to conduct this activity through another non-US financial institution to avoid sanctions violations in the future.
  • D. Identify the purchase of dual-use goods as permissible since it involved a non-US subsidiary and shipped to non-US person.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #4

Which unit function has been identified as critical to managing sanctions risks?

  • A. Credit risk management
  • B. Third-party due diligence firms
  • C. Human resources
  • D. Audit and testing
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Correct Answer: D  🗳️

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Question #5

The legal counsel of a Canadian-based entity is drafting a contract in connection to selling goods to a legal entity client incorporated in Iran that operates in the financial sector of the Iranian economy. Which item should be addressed in the contract?

  • A. Parties must commit that the transaction will be conducted in compliance with Canadian sanctions related to Iran.
  • B. Parties must commit to avoid mentioning or including any reference to Iran in financial transactions related to the contract.
  • C. Parties must commit to issue or receive all payments related to the contract via cross-border wire payments denominated in US
  • D. Parties must commit to comply with EU operators' obligations outlined under the EU's blocking statute.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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