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ACAMS CAMS (Certified Anti-Money Laundering Specialists) exam is a globally recognized certification for professionals in the anti-money laundering (AML) field. Certified Anti-Money Laundering Specialists (the 6th edition) certification demonstrates a deep understanding of the AML framework, laws, regulations, and best practices to detect and prevent money laundering and terrorist financing activities.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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ACAMS CAMS (Certified Anti-Money Laundering Specialists) Certification Exam is an internationally recognized credential that validates an individual's knowledge and expertise in the field of anti-money laundering (AML) and financial crime prevention. Certified Anti-Money Laundering Specialists (the 6th edition) certification exam is designed to test the competency of professionals who are responsible for detecting, preventing, and reporting money laundering activities in their respective organizations.
The ACAMS CAMS exam consists of multiple-choice questions and covers a broad range of topics, including AML regulations, customer due diligence, sanctions screening, and suspicious activity reporting. CAMS exam is available in multiple languages and can be taken online or at a physical test center.
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ACAMS CAMS 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: Transaction Monitoring and Reporting | - Suspicious activity detection and monitoring systems - Case management and investigation processes - Suspicious Activity Reports (SAR) / STR filing |
| Topic 3: Financial Crime Typologies and Risk | - Common money laundering typologies across industries - Risk assessment methodologies - Sanctions and embargo compliance |
| Topic 4: Customer Due Diligence (CDD) and KYC | - Customer identification and verification - Beneficial ownership and PEP screening - Enhanced due diligence for high-risk customers |
| Topic 5: AML Compliance Framework | - Internal controls and governance - AML compliance program structure - Regulatory obligations and enforcement expectations |
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