ABOUT:
The Certified Anti-Money Laundering Specialist (CAMS®) certification stands as a gold standard in the realm of anti-money laundering (AML) across both private and government sectors. Acknowledged by employers, regulators, and examiners alike, CAMS® certification signifies a pinnacle achievement in the detection and prevention of money laundering activities. Certified professionals with CAMS® credentials boast a proven track record in effectively identifying and thwarting illicit financial transactions, thereby safeguarding institutions and the broader financial system from the perils of money laundering.
CERTIFICATION BODY: Association for Certified Anti – Money Laundering Specialists (ACAMS®)
LEARNING OBJECTIVES:
- Productive & Valuable: Enhances productivity and adds value to your expertise in anti-money laundering (AML).
- Professional Growth Opportunities: Opens doors to leadership roles and advancement in the AML field.
- Monetary Benefits: Leads to increased earning potential due to specialized skills and certification.
- Specialized and Centralized Knowledge: Provides in-depth knowledge and expertise in AML practices and regulations.
- Risk Minimization for Your Company: Assists your company in mitigating financial risks associated with money laundering activities.
- Knowledge Sharing: Facilitates the sharing of AML knowledge with subordinates and colleagues, contributing to overall organizational competence and effectiveness.
EXAM INFORMATION:
- Question Format: Consists of 120 multiple-choice questions (MCQs) covering various aspects of anti-money laundering.
- Duration: Allotted 3 ½ hours for completion of the examination.
- Online Examination Center: Conducted at Kryterion Online Examination Center, ensuring convenience and accessibility for candidates.
RE CERTIFICATION:
- Total Credits: Accumulate 60 continuing education credits over a three-year cycle.
- Three-Year Cycle: Credits must be earned within the specified three-year period to maintain certification validity.
For More Information
Curriculum
- 1 Section
- 4 Lessons
- 40 Hours
- CONTENT:4
- 1.1Risks and Methods: Understand the risks associated with money laundering and terrorist financing, along with various methods employed.
- 1.2Compliance Standards: Familiarize with compliance standards for anti-money laundering (AML) and combating the financing of terrorism (CFT).
- 1.3AML Compliance Program: Learn about the development and implementation of effective AML compliance programs within organizations.
- 1.4Investigative Process Support: Gain insights into conducting and supporting the investigative process related to money laundering and terrorist financing activities.
Requirements
- 40 Qualifying Credits: Obtain a minimum of 40 qualifying credits.
- Experience: Demonstrate relevant work experience.
- Education: Possess relevant educational qualifications.
- References: Provide three professional references.
- Moral Character: Uphold high moral standards.
Target audiences
- Compliance officers in private and government organizations.
- Professionals in financial institutions.
- Government regulators and law enforcement.
- Risk management specialists.
- Legal advisors with a focus on anti-money laundering.
- Auditors assessing AML effectiveness.
- Individuals seeking career advancement in compliance and financial crime prevention.