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Who should take the CAMS exam

The CAMS certification is an internationally-recognized credential that identifies persons who earn it as possessing specialized AML knowledge. AML professionals who earn the CAMS designation position themselves to be leaders in the business and to expertise professional growth. If a candidate wants significant improvement in career growth needs enhanced knowledge, skills, and talents. The CAMS certification provides proof of this advanced knowledge and skill. If a person fulfills the following eligibility requirements of the CAMS exam then he should take this exam.

  • Provide three professional references.
  • Submit supporting documents.
  • Document a minimum of 40 qualifying credits based on education, other professional certification and professional expertise in the field.

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

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The clients only need 20-30 hours to learn the CAMS日本語 exam questions: Certified Anti-Money Laundering Specialists (CAMS日本語版) and prepare for the test. Many people may complain that we have to prepare for the test but on the other side they have to spend most of their time on their most important things such as their jobs, learning and families. But if you buy our CAMS日本語 study guide you can both do your most important thing well and pass the test easily because the preparation for the test costs you little time and energy.

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.

ACAMS CAMS日本語 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: AML/CFT Compliance Programs28%- Reporting and record-keeping
  • 1. Record retention requirements
  • 2. Suspicious activity reporting (SAR/STR)
- Core elements of compliance programs
  • 1. Governance and oversight
  • 2. Risk assessment and management
  • 3. Policies, procedures and controls
- Customer due diligence requirements
  • 1. Ongoing monitoring
  • 2. KYC/CDD and enhanced due diligence
  • 3. Beneficial ownership identification
- Training, audit and independent review
  • 1. Staff training programs
  • 2. Continuous improvement
  • 3. Internal and external audit functions
Topic 2: Risks and Methods of Money Laundering and Terrorist Financing26%- Money laundering stages and mechanisms
  • 1. Placement, layering, integration
  • 2. Terrorist financing methods
  • 3. Trade-based money laundering
- Sector-specific vulnerabilities
  • 1. Insurance sector
  • 2. Real estate
  • 3. Legal and professional service providers
  • 4. Money services businesses
  • 5. Precious metals and high-value goods
  • 6. Securities and capital markets
  • 7. Banking and deposit-taking institutions
  • 8. Gaming and casinos
- Sanctions and related risks
  • 1. Consequences of non-compliance
  • 2. UN, EU, OFAC and other sanctions regimes
Topic 3: Compliance Standards for AML/CFT25%- Global regulatory frameworks
  • 1. USA PATRIOT Act and national regulations
  • 2. FATF 40 Recommendations
  • 3. Basel Committee guidelines
  • 4. EU AML Directives
  • 5. Wolfsberg Principles
- International organizations and bodies
  • 1. Standard-setting bodies
  • 2. Egmont Group of Financial Intelligence Units
  • 3. Financial Action Task Force
- Risk-based approach fundamentals
  • 1. Principles of risk assessment
  • 2. Application across jurisdictions
Topic 4: Conducting and Responding to Investigations21%- Information sharing and cooperation
  • 1. Domestic and international cooperation
  • 2. Working with FIUs and law enforcement
- Detection and red flags
  • 1. Identifying suspicious activities and transactions
  • 2. Industry-specific red flags
- Investigation process and case management
  • 1. Case documentation and reporting
  • 2. Evidence gathering and analysis
- Disciplinary and remedial actions
  • 1. Corrective measures and sanctions
  • 2. Preventing recurrence

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