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The CAMS Certified Anti-Money Laundering Specialist certification path includes only one CAMS certification exam.
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The CAMS is a 3.5-hour test consisting of 120 multiple-choice and multiple-select questions. To pass and obtain the CAMS certification, test-takers must achieve a score of 75 or more. ACAMS recommends that candidates arrive/log in 30 minutes before the scheduled time for the official exam as latecomers may not be allowed to take the test and this allows ample time for check-in. Test-takers are also required to bring along with them the two forms of current and valid government-issued identification. Please note that the identification must include a photograph and signature. Also, please ensure that the name used when registering for the real exam is one and the same as it appears on the identification.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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ACAMS CAMS Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| AML Compliance Framework | - AML compliance program structure - Internal controls and governance - Regulatory obligations and enforcement expectations |
| Financial Crime Typologies and Risk | - Sanctions and embargo compliance - Risk assessment methodologies - Common money laundering typologies across industries |
| Customer Due Diligence (CDD) and KYC | - Customer identification and verification - Enhanced due diligence for high-risk customers - Beneficial ownership and PEP screening |
| Transaction Monitoring and Reporting | - Suspicious activity detection and monitoring systems - Case management and investigation processes - Suspicious Activity Reports (SAR) / STR filing |
| AML and CTF Fundamentals | - Stages and typologies of money laundering - Money laundering and terrorist financing concepts - International AML/CTF standards and FATF recommendations |
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