CAMS Certification Exam
The Certified Anti-Money Laundering Specialist (CAMS) credential is recognized globally as the premier qualification in Anti-Money Laundering (AML) and counter-terrorist financing (CFT) compliance. Endorsed by regulators and respected in over 180 countries, this certification reflects a high level of expertise in AML/CFT principles. It demonstrates a strong commitment to safeguarding organizations against financial crime. CAMS serves as the definitive benchmark for anti-financial crime (AFC) proficiency and holds significant value across multiple industries.
Who Should Take the Exam
The CAMS certification is best suited for professionals aiming to deepen or validate their expertise in AML/CFT compliance, including:
- Compliance officers and managers.
- Specialists in anti-financial crime and fraud prevention.
- Banking, financial services, and risk management professionals.
- Law enforcement officers focused on financial crime investigation.
- Regulatory and examination personnel.
- Legal and audit professionals engaged in AML/CFT oversight.
- Consultants offering advisory services in regulatory compliance.
Course Outline
The exam covers the following topics:
1. Understanding The Risks And Methods Of Financial Crime (30%)
2. Global Afc Frameworks, Governance, And Regulations (20%)
3. Building An Anti-financial Crime Compliance Program (30%)
4. Tools And Technologies To Fight Financial Crime (20%)
CAMS Certification Exam FAQs
Do ACAMS provide a certificate upon passing the CAMS exam?
Yes, members can expect to receive their e-certificate within a week from the day they passed the exam.
How to pass the Certified Anti-Money Laundering Specialist (CAMS) Exam?
Choosing the best strategy to prepare for an exam, is the most effective way to pass an exam, and gain certification.
- Official Study guide
- CAMS Virtual Classroom
How to maintain CAMS certification?
To maintain the integrity of the CAMS credential, graduates must undergo recertification every three years. During that three year period, each candidate must prove a commitment to his/her continued education by earning 60 CAMS credits within that time in the areas of AML/CTF/financial crime prevention.
Is there any assistance from Skilr in terms of exam preparation?
Yes, Skilr offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
How difficult is the CAMS Exam?
The CAMS exam has been structured to check your fundamental knowledge about various AML guidelines and cash laundering plans. But if you dedicate nearly 2-3 hours daily, and practice with CAMS sample questions then you will be ready in nearly 3 months to appear for the exam.
What is the time duration for the CAMS exam?
You will get maximum 3.5 hours to complete the exam.
Does Skilr offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the Exam cost.
How many times I can give the exam if I got fail in the CAMS exam?
If you do not pass on first attempt then you can retake it after 30 days. Candidates who do not pass the exam on their second attempt can retake it after 60 days. • Candidates who do not pass the exam on their third or more attempts can retake it after 90 days. A candidate who applies for re-examination after one year following their original application must pay the full examination fee.
Can we try the free test before purchasing the practice exam?
Yes Skilr offers free practice tests for Exam which can be used before the final purchase for complete test.
Is ACAMS certification worth it?
ACAMS set out with the mission to set an international standard for testing the knowledge of those entrusted with the detection and prevention of money laundering. Since its inception, (CAMS) has become the gold standard in AML certifications and is recognized by private institutions, governments and law enforcement.
What is the passing score for the Certified Anti Money Laundering Specialist certification exams?
To pass the exam you have to score 75%.
When will I know my test score?
Your score is displayed upon submission of your examination. You will also receive a printed score report at the test center, and it will be emailed to you shortly after your examination. This email will state your exam results and how to maintain the certification up to date.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
How long is my CAMS certification valid?
The CAMS certification is valid for a period of (3) three years. However, certified members will be required to further their knowledge through continuing education. Members will need to recertify upon the conclusion of this 3-year cycle.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the Skilr Helpdesk for more details. The member of support staff will respond as soon as possible.
What is the Certified Anti Money Laundering Specialist CAMS exam course outline?
The topics covered in this exam include: • Risks and methods of money laundering and terrorism financing (26%) • Compliance standards for anti-money laundering and combating the financing of terrorism (25%) • Anti-money laundering, CFT and sanctions compliance programs (28%) • Conducting or supporting anti-money laundering investigations (21%)
How to prepare for the Certified Anti-Money Laundering Specialist CAMS Interview?
Certified Anti-Money Laundering Specialist CAMS Interview Questions from basic to intermediate and to advance level. CAMS Interview Questions focus on core AML concepts.
What are the learning resources to prepare for the CAMS exam?
Prepare for ACAMS Exam follow the below steps -
- Review the Exam Objectives
- Learn with Flashcards
- Join CAMS Virtual Classroom
- CAMS Study Guide
- CAMS Cheat Sheet
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
In how many languages the CAMS exam is available?
The exam is available in Arabic, Bahasa Indonesia, Chinese – simplified, Chinese – traditional, English, French, German, Japanese, Polish, Portuguese, Russian and Spanish language.
What is the learning path for the Certified Anti-Money Laundering Specialist (CAMS) exam?
Built upon the foundation and expertise of CAMS-certified professionals, the Advanced CAMS certifications (CAMS-Audit, CAMS-FCI and CAMS-Risk Management) represent a high-level training that equips professionals with essential AML knowledge and the ability to meet regulatory expectations, in the audit, financial crimes investigations and Risk Management fields.
How to prepare with the Certified Anti-Money Laundering Specialist (CAMS)Online Tutorial?
Certified Anti-Money Laundering Specialist (CAMS) Online Tutorial equips professionals with essential AML knowledge and the ability to meet regulatory expectations, in the audit, financial crimes investigations and Risk Management fields.
What is the eligibility requirement for the Certified Anti Money Laundering Specialist CAMS exam?
Candidate who wants to give the CAMS examination must have: An active ACAMS membership They must have 40 credits in education (10 for Associates, 20 for Bachelors, 30 for Masters, 40 for JD or PhD), work experience (10 credits for each year of experience) and training (1 credit for each hour of financial-crime related training).
What is CAMS exam?
The Certified Anti-Money Laundering Specialist (CAMS) certification exam is the gold standard in AML certifications and recognized internationally by financial institutions, governments and regulators as a serious commitment to protecting the financial system against money laundering.
How many questions will be there on CAMS exam?
In this exam there will be 120 multiple choice questions.