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  • This package consists of a CAMS study guide, Online Preparation Course, CAMS Virtual classroom and CAMS Examination

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Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf

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ACAMS CAMS Exam Syllabus Topics:

SectionWeightObjectives
Compliance Standards for AML/CFT25%- International organizations and bodies
  • 1. Standard-setting bodies
  • 2. Egmont Group of Financial Intelligence Units
  • 3. Financial Action Task Force
- Global regulatory frameworks
  • 1. Wolfsberg Principles
  • 2. FATF 40 Recommendations
  • 3. EU AML Directives
  • 4. USA PATRIOT Act and national regulations
  • 5. Basel Committee guidelines
- Risk-based approach fundamentals
  • 1. Application across jurisdictions
  • 2. Principles of risk assessment
AML/CFT Compliance Programs28%- Core elements of compliance programs
  • 1. Policies, procedures and controls
  • 2. Governance and oversight
  • 3. Risk assessment and management
- Reporting and record-keeping
  • 1. Record retention requirements
  • 2. Suspicious activity reporting (SAR/STR)
- Customer due diligence requirements
  • 1. Beneficial ownership identification
  • 2. KYC/CDD and enhanced due diligence
  • 3. Ongoing monitoring
- Training, audit and independent review
  • 1. Continuous improvement
  • 2. Staff training programs
  • 3. Internal and external audit functions
Risks and Methods of Money Laundering and Terrorist Financing26%- Sector-specific vulnerabilities
  • 1. Precious metals and high-value goods
  • 2. Securities and capital markets
  • 3. Insurance sector
  • 4. Banking and deposit-taking institutions
  • 5. Real estate
  • 6. Gaming and casinos
  • 7. Money services businesses
  • 8. Legal and professional service providers
- Sanctions and related risks
  • 1. Consequences of non-compliance
  • 2. UN, EU, OFAC and other sanctions regimes
- Money laundering stages and mechanisms
  • 1. Placement, layering, integration
  • 2. Trade-based money laundering
  • 3. Terrorist financing methods
Conducting and Responding to Investigations21%- Disciplinary and remedial actions
  • 1. Preventing recurrence
  • 2. Corrective measures and sanctions
- Detection and red flags
  • 1. Identifying suspicious activities and transactions
  • 2. Industry-specific red flags
- Information sharing and cooperation
  • 1. Domestic and international cooperation
  • 2. Working with FIUs and law enforcement
- Investigation process and case management
  • 1. Evidence gathering and analysis
  • 2. Case documentation and reporting

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