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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
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.
- Submit supporting documents.
- Document a minimum of 40 qualifying credits based on education, other professional certification and professional expertise in the field.
- Provide three professional references.
What is the duration of the CAMS Exam
Format: Multiple choices, multiple answers Length of Examination: 3 1/2 hours
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ACAMS CAMS 中文 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Transaction Monitoring and Reporting | - Suspicious Activity Reports (SAR) / STR filing - Case management and investigation processes - Suspicious activity detection and monitoring systems |
| Topic 2: Customer Due Diligence (CDD) and KYC | - Customer identification and verification - Beneficial ownership and PEP screening - Enhanced due diligence for high-risk customers |
| Topic 3: AML Compliance Framework | - AML compliance program structure - Regulatory obligations and enforcement expectations - Internal controls and governance |
| Topic 4: AML and CTF Fundamentals | - Money laundering and terrorist financing concepts - International AML/CTF standards and FATF recommendations - Stages and typologies of money laundering |
| Topic 5: Financial Crime Typologies and Risk | - Sanctions and embargo compliance - Risk assessment methodologies - Common money laundering typologies across industries |
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