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CAMS Certified Anti-Money Laundering Specialist Exam
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.
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Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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The benefit in Obtaining the CAMS Exam Certification
- Protecting their company from money laundering threats and minimize money crime risks
- Meeting mandated AML training needs through preparation and study
- Increasing their skilled worth through a higher understanding of financial crime detection and hindrance techniques
- ACAMS conducted a survey recently and the findings were pretty interesting on average, professionals who had their ACAMS made $25,000 more than their colleagues who did not have the CAMS certification!
- Proving their AML experience to examiners and regulators