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
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.
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The CAMS certification is well-known around the globe for being the gold standard among Anti-Money Laundering validations which outlines the main aspects of money laundering and its prevention. What is more, such a certificate helps in encouraging a culture of compliance in organizations and demonstrating one's dedication to a structured risk-based approach. It also helps in meeting accepter anti-money laundering training requirements while rewarding and retaining top performers. Finally, the certification also aids in successfully safeguarding against financial damage.
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| Section | Weight | Objectives |
|---|---|---|
| Compliance Standards for AML/CFT | 25% | - Global regulatory frameworks
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| Conducting and Responding to Investigations | 21% | - Detection and red flags
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| AML/CFT Compliance Programs | 28% | - Reporting and record-keeping
|
| Risks and Methods of Money Laundering and Terrorist Financing | 26% | - Money laundering stages and mechanisms
|
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