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Career Path

After obtaining this specialist-level CAMS certification, individuals may go on to get more advanced CAMS designations by ACAMS, which are offered in three fields. Thus, they are the Advanced CAMS - Audit, Advanced CAMS - Financial Crimes Investigations, and Advanced CAMS - Risk Management.

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If you're looking for the prestigious AML certificate issued by a reputed international organization that specializes in and is dedicated to the detection and prevention of financial crime, then you should opt for the ACAMS Certified Anti-Money Laundering Specialist (CAMS) certification exam which ensures an individual's skill in the field of anti-money laundering.

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How to book the CAMS Exam

These are following steps for registering the CAMS exam.

Step 1: Fill your contact and membership information form Step 2: Select your CAMS exam package and certification language Step 3: Select any payment method and write the certification name Step 4: Mail or Fax exam application with attached necessary documents (diploma, copies etc) that fulfill the 40 credit prerequisite to this address:

ACAMS Attn. Certification Department Brickell City Tower 80 Southwest 8th Street, Suite 2350 Fax: +1.305.373.7788 or +1.305.373.5229

CAMS Exam topics

Candidates must know the exam topics before they start of preparation. Because it will really help them in hitting the core. Our CAMS exam dumps will include the following topics:

  • The Financial Action Task Force (FATF) Recommendations, the Basel Committee's Report on client Due Diligence and also the Wolfsberg cluster Principles
  • SAR and STR filing
  • Important elements of an Anti-Money Laundering (AML) program
  • The assistance of institutional investigations
  • AML/CFT compliance program designs in several business settings
  • How to manage and support a money laundering investigation
  • Recognition of AML compliance risks
  • Conducting or supporting the investigation process
  • Maintenance of an effective AML/CFT compliance program
  • Money laundering and terrorist financing methods
  • Comply standards for anti-money laundering (AML) and combating the financing of terrorism (CFT)
  • Money laundering risks and strategies, like Black Market Peso Exchange and import and export price manipulation

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

ACAMS CAMS Exam Syllabus Topics:

SectionWeightObjectives
AML/CFT Investigations and Enforcement23%- Cooperation and Information Sharing
  • 1. Public-Private Partnerships
  • 2. Law Enforcement and Regulatory Cooperation
- AML/CFT Investigation Process
  • 1. Sources of Information and Open-Source Intelligence
  • 2. Interviewing Witnesses and Subjects
  • 3. Investigation Techniques and Evidence Gathering
- Enforcement Actions and Penalties
  • 1. Asset Freezing, Seizure, and Forfeiture
  • 2. Civil and Criminal Penalties
  • 3. Extradition and Mutual Legal Assistance
Money Laundering Risks and Methods26%- Money Laundering and Terrorist Financing Risks
  • 1. Politically Exposed Persons (PEPs)
  • 2. Jurisdictional Risks (High-Risk and Non-Cooperative Countries)
  • 3. Risk Assessment Concepts and Methodologies
- Payment Systems and Money Laundering Methods
  • 1. Digital Currencies and Virtual Assets
  • 2. Correspondent Banking and Wire Transfers
  • 3. Trade-Based Money Laundering
- Nature of Money Laundering, Terrorist Financing, and Threat Finance
  • 1. Differences between Money Laundering and Terrorist Financing
  • 2. Threat Finance and Terrorist Financing
  • 3. Characteristics and Methods of Money Laundering
AML/CFT Compliance Program26%- Ongoing Monitoring and Reporting
  • 1. Suspicious Activity Reporting (SARs)
  • 2. Currency Transaction Reporting (CTRs)
  • 3. Transaction Monitoring Systems
- Customer Identification Program (CIP) and Customer Due Diligence (CDD)
  • 1. Enhanced Due Diligence (EDD)
  • 2. Customer Identification and Verification Procedures
  • 3. Beneficial Ownership Identification
- Record Keeping and Information Sharing
  • 1. Confidentiality and Data Protection
  • 2. Information Sharing Arrangements (e.g., Section 314(b))
Compliance Standards for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT)25%- AML/CFT Regulatory Bodies and Guidance
  • 1. Financial Intelligence Units (FIUs)
  • 2. Regulatory Expectations and Enforcement Actions
- AML/CFT Compliance Program Designation
  • 1. Risk-Based Approach Implementation
  • 2. Components of an Effective AML/CFT Program
  • 3. Board and Senior Management Oversight
- AML/CFT International Standards
  • 1. Wolfsberg Group Principles
  • 2. Financial Action Task Force (FATF) Standards and Guidance
  • 3. United Nations (UN) Sanctions and Conventions

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