Trusts established in certain offshore jurisdictions make good vehicles to lay under money for which ofthe following reasons?

it describes a reason why trusts established in certain offshore jurisdictions make good vehicles to

layer money, which is names of the settlor and beneficiaries are not publicly available. This means

that the true owners and controllers of the funds or assets held by the trust are hidden from the

public and the authorities, and can only be accessed by the trustee or the protector, who may be

complicit or unaware of the money laundering scheme. This creates a high level of anonymity and

secrecy for the money launderers, who can use the trust to move, disguise, or conceal the origin and

destination of their illicit funds.

The other options are not necessarily reasons why trusts established in certain offshore jurisdictions

make good vehicles to layer money, although they may have some advantages or disadvantages

depending on the circumstances and the risk profile of the customers and countries involved. Option

B describes a possible motive for setting up a trust in an offshore jurisdiction, which is to minimize

taxes, but this does not imply that the trust is used to layer money, as there may be legitimate tax

planning or optimization purposes. Option C describes a possible challenge or obstacle for setting up

a trust in an offshore jurisdiction, which is offshore jurisdictions are unfamiliar with trust, but this

does not imply that the trust is used to layer money, as there may be other legal or financial vehicles

available in those jurisdictions. Option D describes a possible characteristic or feature of a trust,

which is trusts may hold assets of significant size, but this does not imply that the trust is used to

layer money, as there may be valid reasons or sources for the large assets.

ACAMS CAMS Certification Video Training Course - 6th Edition1

Exam CAMS: Certified Anti-Money Laundering Specialist (the 6th edition)2

ACAMS CAMS Study Guide - 6th Edition, Chapter 4, pages 86-87

https://www.acams.org/wp-content/uploads/2019/09/ACAMS-CAMS-Study-Guide-6th-EditionChapter-4.pdf