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CAMS Exam Reference

Recertification

Individuals must get recertified every three years if they wish to maintain their CAMS certification. To get recertified, individuals must have maintained their ACAMS membership, provide proof of having continued their professional education, and submit an online application along with a recertification fee.

Who Is It for?

The CAMS endorsement is ideal for those seeking to signify a high understanding of international AML/CFT principles. Obtaining this certification will help recognize you as an AML/CFT authority and prevent institutional financial crime risks.

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

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ACAMS CAMS 中文 Exam Syllabus Topics:

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

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