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Who Is It for?
The CAMS endorsement is ideal for those seeking to signify a high understanding of international AML/CFT principles. Obtaining this certification will help recognize you as an AML/CFT authority and prevent institutional financial crime risks.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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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
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How to Get Certified
To obtain the ACAMS CAMS certificate individuals must take and successfully pass the affiliated namesake CAMS exam, which requires individuals to go through a three-step process. This has been outlined below:
- Submit an application
After gaining membership at ACAMS, individuals are required to submit an application form along with payment. To be eligible to send an application, individuals must meet the following requirements: hold an active ACAMS membership, have 40 ACAMS credits, possess an education (10 credits for associates, 20 credits for bachelors, 30 credits for masters, and 40 credits for JD, or PhD), possess work experience (10 credits for each year of work experience), and have training (1 credit for an hour of training in the field of financial crime).
- Be a member of ACAMS
Individuals may gain membership of ACAMS as individuals, as part of an enterprise, as public sector workers, or as part of a chapter. Members are required to make a standard membership payment.
- Take the actual CAMS exam
After an individual is found to be eligible and their application has been approved, they may go on to schedule their CAMS evaluation.
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ACAMS CAMS Deutsch Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: AML and CTF Fundamentals | - Money laundering and terrorist financing concepts - Stages and typologies of money laundering - International AML/CTF standards and FATF recommendations |
| Topic 2: Customer Due Diligence (CDD) and KYC | - Beneficial ownership and PEP screening - Enhanced due diligence for high-risk customers - Customer identification and verification |
| Topic 3: Transaction Monitoring and Reporting | - Case management and investigation processes - Suspicious Activity Reports (SAR) / STR filing - Suspicious activity detection and monitoring systems |
| Topic 4: AML Compliance Framework | - Regulatory obligations and enforcement expectations - Internal controls and governance - AML compliance program structure |
| Topic 5: Financial Crime Typologies and Risk | - Common money laundering typologies across industries - Sanctions and embargo compliance - Risk assessment methodologies |
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