CAMS - Certified Anti Money Laundering Specialist
CAMS - Certified Anti Money Laundering Specialist
CAMS - Certified Anti Money Laundering Specialist
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.
Eligibility requirement for the 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).
Course Structure
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%)
Exam Format and Information
Exam Name Certified Anti-Money Laundering Specialist | Exam Code CAMS |
Exam Duration 3.5 hours / 210 minutes | Exam Format Multiple Choice and Multi-Response Questions |
Exam Type Online | Number of Questions 120 Questions |
Eligibility/Pre-Requisite As suggested* | Exam Fee Cost Public Sector USD $1,295 Private Sector USD $1,695.00 |
Exam Platform Pearson VUE | Pass Score 75 on 120 (62.5%) |
CAMS - Certified Anti Money Laundering Specialist FAQs
What is the time duration for the CAMS 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
Certified Anti-Money Laundering Specialist (CAMS) Preparation Guide
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
For how long is the license valid after purchase?
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.
Do you offer any discount on the bulk purchase?
Can we try the free test before purchasing the practice exam?
Do you provide any preparation guidance for this certification exam?
Is there any assistance from Testprep Training in terms of exam preparation?
How many times I can give the exam if I got fail in the CAMS exam?
How to maintain CAMS certification?
In how many languages the CAMS exam is available?
What is the passing score for the Certified Anti Money Laundering Specialist certification exams?
What is the exam reschedule/cancellation policy?
What is the Certified Anti Money Laundering Specialist CAMS exam course outline?
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
Is it possible to retake the CAMS exam?
What is the eligibility requirement for the Certified Anti Money Laundering Specialist CAMS exam?
What is the cost for the CAMS exam?
What is CAMS exam?
How many questions will be there on CAMS exam?
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 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 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.
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.
What happens if I fail the test?
Candidates who fail are able to retake the examination 30 days after the first attempt, 60 days after the second attempt, and 90 days after the 3rd and each following attempt. The cost to retake the exam is $299 for private sector members and $199 for public sector members.
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.
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.
Learn more - Certified Anti-Money Laundering Specialist CAMS Interview Questions and Answers
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.