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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.
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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| Section | Objectives |
|---|---|
| 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 |
Based on the Wolfsberg Guidance on Sanctions Screening, what are the core principles for generating productive alerts? (Select Two.)
Correct Answer: C,E 🗳️
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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?
Correct Answer: B 🗳️
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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?
Correct Answer: A 🗳️
Explanation: Only visible for ITexamReview members. You can sign-up / login (it's free).
Which unit function has been identified as critical to managing sanctions risks?
Correct Answer: D 🗳️
Explanation: Only visible for ITexamReview members. You can sign-up / login (it's free).
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?
Correct Answer: A 🗳️
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