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CAMS - Certified Anti Money Laundering Specialist

CAMS - Certified Anti Money Laundering Specialist

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  • TypeExam Format
  • No. of Questions5
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
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  • TypeExam Format
  • No. of Questions305
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  • Access DurationLife Long Access
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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
Exam Format Multiple Choice and Multi-Response Questions
Exam Type 0
Number of Questions 120 Questions
Eligibility/Pre-Requisite 0

Exam Fee Cost Public Sector USD $1,295

Private Sector USD $1,695.00

Exam Language 0
Pass Score 75% and above

CAMS - Certified Anti Money Laundering Specialist FAQs

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. 

Once purchased, the practice exams can be access for the lifetime.
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 Testprep Training and not the Exam cost.
Yes testprep training offers free practice tests for Exam which can be used before the final purchase for complete test.
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
Yes, Testprep Training 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.
Yes our experts frequently blog about the tips and tricks for exam preparation.
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.
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.
To pass the exam you have to score 75%.
The exam is available in Arabic, Bahasa Indonesia, Chinese – simplified, Chinese – traditional, English, French, German, Japanese, Polish, Portuguese, Russian and Spanish language.
You can reschedule or cancel on the exam up to 72 hours before the exam at no charge. You can also reschedule or cancel via the Pearson VUE up to 72 hours before the exam for a fee of US$20. If you cancel or reschedule an exam within 24 to 72 hours of your scheduled time, there will be a fee of US$100 collected by Pearson VUE. There is an additional fee for scheduling an exam by phone rather than by using the online system. If you cancel your exam within 24 hours or do not show up for your scheduled appointment, you will need to contact ACAMS and you will be charged for a new authorization.
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%)
To re-take, the candidate must request an invoice through the Contact us page online. Then pay the examination fee for their new authorization to Test. That is US$299 for Private members and US$199 for Public members. Lastly, reschedule their exam through the test delivery website.
You will get maximum 3.5 hours to complete 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).
The CAMS Examination Package includes the CAMS Study Guide. Your most valuable tool in preparation for the exam:  Public Sector USD $1,295  Private Sector USD $1,695.00
In this exam there will be 120 multiple choice questions.
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.

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.

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.

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.

Yes, members can expect to receive their e-certificate within a week from the day they passed the exam.

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.

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.

 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

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.

How hard is the CAMS Exam?

Prepare for ACAMS Exam follow the below steps - 

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


 

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