Training Objectives
Recognized worldwide by employers in both private and government sectors and acknowledged by regulators, examiners, and law enforcement, the CAMS credential denotes proven knowledge in the detection and prevention of money laundering and positions certified AML professionals as leaders in the industry. CAMS educates professionals in private and government organizations about the strategies and practices required to meet the international standards for the detection and prevention of money laundering and terrorist financing, qualifying them to work in a wide range of different professional organizations such as banks, government regulators and law enforcement agencies, as well as in financial and non-financial institutions that need the services of well qualified compliance and AML/CFT professionals.
This review course is designed to enable you to:
- Understand money laundering and its practices.
- Understand how to structure an effective system form combating AML.
- Procedures to be taken by financial institutions.
- Reporting suspicious activities.
- Competent authorizes and its resources
Accreditation Body
ACAMS is the largest international membership organisation dedicated to enhancing the knowledge, skills and expertise of AML/CTF and financial crime detection and prevention professionals. Our members include representatives from a wide range of financial institutions, regulatory bodies, law enforcement agencies and industry sectors.
Prerequisites
- Document a minimum of 40 qualifying credits based on education, other professional certification and professional experience in the field.
- Submit supporting documents.
Target Audience
- Professional desiring to prepare for the CAMS exam.
- Professionals working in AML.
- All employees in banks and financial institutions.
- Managers and employees of regulatory compliance
Exam Specification
- The CAMS examination is an online one consisting of 120 multiple choice and multiple selection questions, the passing score required to obtain the CAMS certification is 75.
- All candidates have 3.5 hours to complete the exam.
Training Methodology
The course will run using the following methodologies:
- Lecture by the trainer.
- Presentation.
- Role play.
- Practical cases.
- Scenarios.
- Brainstorming.