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Who should take the CAMS exam

The CAMS certification is an internationally-recognized credential that identifies persons who earn it as possessing specialized AML knowledge. AML professionals who earn the CAMS designation position themselves to be leaders in the business and to expertise professional growth. If a candidate wants significant improvement in career growth needs enhanced knowledge, skills, and talents. The CAMS certification provides proof of this advanced knowledge and skill. If a person fulfills the following eligibility requirements of the CAMS exam then he should take this exam.

  • Provide three professional references.
  • Document a minimum of 40 qualifying credits based on education, other professional certification and professional expertise in the field.
  • Submit supporting documents.

High-quality study materials

Our CAMS exam preparation materials are the hard-won fruit of our experts with their unswerving efforts in designing products and choosing test questions. Pass rate is what we care for preparing for an examination, which is the final goal of our CAMS certification guide. According to the feedback of our users, we have the pass rate of 99%, which is equal to 100% in some sense. The high quality of our products also embodies in its short-time learning. You are only supposed to practice Certified Anti-Money Laundering Specialists (the 6th edition) guide torrent for about 20 to 30 hours before you are fully equipped to take part in the examination.

Certification Path

The CAMS Certified Anti-Money Laundering Specialist certification path includes only one CAMS certification exam.

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Living in such a world where competitiveness is a necessity that can distinguish you from others, every one of us is trying our best to improve ourselves in every way. It has been widely recognized that the CAMS exam can better equip us with a newly gained personal skill, which is crucial to individual self-improvement in today's computer era. With the certified advantage admitted by the test ACAMS certification, you will have the competitive edge to get a favorable job in the global market. Here our CAMS exam preparation materials are tailor-designed for you. Unlike many other learning materials, our Certified Anti-Money Laundering Specialists (the 6th edition) guide torrent is specially designed to help people pass the exam in a more productive and time-saving way, and such an efficient feature makes it a wonderful assistant in personal achievement as people have less spare time nowadays. On the other hand, CAMS exam study materials are aimed to help users make best use of their sporadic time by adopting flexible and safe study access. People always tend to neglect the great power of accumulation, thus the CAMS certification guide can not only benefit one's learning process but also help people develop a good habit of preventing delays. We have full confidence to ensure that you will have an enjoyable study experience with our CAMS certification guide, which are designed to arouse your interest and help you pass the exam more easily. You will have a better understanding after reading the following advantages.

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We have three versions of our CAMS certification guide, and they are PDF version, software version and online version. With the PDF version, you can print our materials onto paper and learn our CAMS exam study guide in a more handy way as you can take notes whenever you want to, and you can mark out whatever you need to review later. With the software version, you are allowed to install our Certified Anti-Money Laundering Specialists (the 6th edition) guide torrent in all computers that operate in windows system. Besides, the software version can simulate the real test environment, which is favorable for people to better adapt to the examination atmosphere. With the online version, you can study the Certified Anti-Money Laundering Specialists (the 6th edition) guide torrent wherever you like, and you still have access to the materials even if there is no internet available on the premise that you have studied the CAMS certification guide online once before.

Recertification

Individuals must get recertified every three years if they wish to maintain their CAMS certification. To get recertified, individuals must have maintained their ACAMS membership, provide proof of having continued their professional education, and submit an online application along with a recertification fee.

Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf

ACAMS CAMS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: AML/CFT Compliance Programs28%- Core elements of compliance programs
  • 1. Risk assessment and management
  • 2. Policies, procedures and controls
  • 3. Governance and oversight
- Customer due diligence requirements
  • 1. Ongoing monitoring
  • 2. Beneficial ownership identification
  • 3. KYC/CDD and enhanced due diligence
- Training, audit and independent review
  • 1. Continuous improvement
  • 2. Staff training programs
  • 3. Internal and external audit functions
- Reporting and record-keeping
  • 1. Record retention requirements
  • 2. Suspicious activity reporting (SAR/STR)
Topic 2: Compliance Standards for AML/CFT25%- International organizations and bodies
  • 1. Financial Action Task Force
  • 2. Egmont Group of Financial Intelligence Units
  • 3. Standard-setting bodies
- Global regulatory frameworks
  • 1. FATF 40 Recommendations
  • 2. EU AML Directives
  • 3. USA PATRIOT Act and national regulations
  • 4. Wolfsberg Principles
  • 5. Basel Committee guidelines
- Risk-based approach fundamentals
  • 1. Principles of risk assessment
  • 2. Application across jurisdictions
Topic 3: Conducting and Responding to Investigations21%- Information sharing and cooperation
  • 1. Working with FIUs and law enforcement
  • 2. Domestic and international cooperation
- Disciplinary and remedial actions
  • 1. Corrective measures and sanctions
  • 2. Preventing recurrence
- Investigation process and case management
  • 1. Evidence gathering and analysis
  • 2. Case documentation and reporting
- Detection and red flags
  • 1. Industry-specific red flags
  • 2. Identifying suspicious activities and transactions
Topic 4: Risks and Methods of Money Laundering and Terrorist Financing26%- Sanctions and related risks
  • 1. Consequences of non-compliance
  • 2. UN, EU, OFAC and other sanctions regimes
- Sector-specific vulnerabilities
  • 1. Banking and deposit-taking institutions
  • 2. Real estate
  • 3. Gaming and casinos
  • 4. Insurance sector
  • 5. Legal and professional service providers
  • 6. Securities and capital markets
  • 7. Precious metals and high-value goods
  • 8. Money services businesses
- Money laundering stages and mechanisms
  • 1. Placement, layering, integration
  • 2. Trade-based money laundering
  • 3. Terrorist financing methods

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