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The Certified Anti-Money Laundering Specialist (CAMS) exam is a globally recognized certification program designed to equip individuals with the necessary knowledge and skills to prevent and detect money laundering and terrorist financing. The CAMS certification is administered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), a leading international organization dedicated to the fight against financial crime.
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ACAMS CAMS (Certified Anti-Money Laundering Specialists) Exam is a certification program that has gained significant popularity in the financial industry. The program offers an extensive curriculum that covers various elements of anti-money laundering (AML) compliance, such as risk management, regulatory requirements, and investigation procedures. The CAMS certification is recognized globally and is considered a benchmark for AML professionals who are looking to advance their careers.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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How to study the CAMS Exam
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- Provided a Scenario about trust, company service providers, emerging risks related to technology, banks, insurance companies, broker-dealers, investment advisors, capital markets, gaming, dealers of precious metal dealers, dealers of real estate, bureau de change, money services business, lawyers, notaries, accountants, auditors, financial transactions that offer anonymity, lack of transparency of ownership, moving money, involving commercial transactions and identify the red flags that indicate money laundering or financing terrorism.
- Determine the key aspects of the FATF, BASEL Committee Customer Due Diligence Principles, EU Directives on money and Wolfsberg Groups AML Principles as they relate to private/correspondent banking, USA PATRIOT Act and OFAC sanctions that have extraterritorial reach
- Provided a scenario, Determine the key aspects of delivering targeted training for different audiences and job functions, components of an AML training program, roles senior management, roles senior management, how customer onboarding should be implemented for the institution, area to increase the efficiency and accuracy of automated AML tools
- Determine the risks to individuals or institutions for violation of AML laws.
- Determine methods to finance terrorism and to launder money used in banks, insurance companies, broker-dealers, investment advisors, capital markets, gaming, dealers of precious metal/high-value items, real estate, bureau de change, the business of money services, lawyers, notaries, accountants, and auditors.
- Determine the economic and social consequences of money laundering
- Provided a scenario, Determine when and how to implement necessary program changes, the process to access the money laundering and internal factors that should be escalated to management
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ACAMS CAMS日本語 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: AML/CFT Investigations and Enforcement | 23% | - Enforcement Actions and Penalties
|
| Topic 2: AML/CFT Compliance Program | 26% | - Record Keeping and Information Sharing
|
| Topic 3: Money Laundering Risks and Methods | 26% | - Money Laundering and Terrorist Financing Risks
|
| Topic 4: Compliance Standards for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) | 25% | - AML/CFT Compliance Program Designation
|
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