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CAMS Certified Anti-Money Laundering Specialist Exam is designed by the Association of certified anti-money laundering specialist (ACAMS) is a global membership organization that provides training and certification, of anti-money laundering professionals worldwide. ACAMS is supporting financial AML professionals through knowledge sharing and skills development. CAMS exam tests candidates basic knowledge on setting up an AML compliance program, money laundering schemes, various international AML regulations, and how to handle AML investigations. CAMS exam is internationally recognized and a good designation for those who are looking to work in the AML field.
To obtain the ACAMS CAMS certificate individuals must take and successfully pass the affiliated namesake CAMS exam, which requires individuals to go through a three-step process. This has been outlined below:
Individuals may gain membership of ACAMS as individuals, as part of an enterprise, as public sector workers, or as part of a chapter. Members are required to make a standard membership payment.
After gaining membership at ACAMS, individuals are required to submit an application form along with payment. To be eligible to send an application, individuals must meet the following requirements: hold an active ACAMS membership, have 40 ACAMS credits, possess an education (10 credits for associates, 20 credits for bachelors, 30 credits for masters, and 40 credits for JD, or PhD), possess work experience (10 credits for each year of work experience), and have training (1 credit for an hour of training in the field of financial crime).
After an individual is found to be eligible and their application has been approved, they may go on to schedule their CAMS evaluation.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
| Certification Vendor: | ACAMS |
|---|---|
| Exam Name: | ACAMS Certified Anti-Money Laundering Specialist (CAMS) Examination |
| Exam Number: | CAMS |
| Certificate Validity Period: | 3 years (renewable via continuing education credits) |
| Exam Format: | Computer-based testing (Pearson VUE), Multiple-choice |
| Available Languages: | English |
| Exam Duration: | 210 minutes |
| Passing Score: | 75% |
| Real Exam Qty: | 120 |
| Related Certifications: | CAMS-FCI (Financial Crimes Investigations) CAMS Advanced Certification |
| Exam Price: | $1,495–$1,795 USD (varies by ACAMS membership status and region) |
| Recommended Training: | ACAMS CAMS Official Study Guide (6th Edition) ACAMS Instructor-led Training |
| Exam Registration: | Pearson VUE ACAMS Exam Scheduling ACAMS CAMS Certification Page |
| Sample Questions: | ACAMS CAMS 中文 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE test centers and online proctoring (where available). |
| Pre Condition: | No formal prerequisite required; ACAMS membership and AML industry experience are recommended but not mandatory. |
| Official Syllabus URL: | https://www.acams.org/en/certifications/cams |
| Section | Objectives |
|---|---|
| Topic 1: Customer Due Diligence (CDD) and KYC | - Enhanced due diligence for high-risk customers - Beneficial ownership and PEP screening - Customer identification and verification |
| Topic 2: AML Compliance Framework | - Regulatory obligations and enforcement expectations - AML compliance program structure - Internal controls and governance |
| Topic 3: AML and CTF Fundamentals | - Money laundering and terrorist financing concepts - International AML/CTF standards and FATF recommendations - Stages and typologies of money laundering |
| Topic 4: Financial Crime Typologies and Risk | - Sanctions and embargo compliance - Risk assessment methodologies - Common money laundering typologies across industries |
| Topic 5: Transaction Monitoring and Reporting | - Case management and investigation processes - Suspicious activity detection and monitoring systems - Suspicious Activity Reports (SAR) / STR filing |
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