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Achieving the ACAMS CAMS certification is a significant accomplishment for AML professionals. Certified Anti-Money Laundering Specialists (the 6th edition) certification demonstrates a high level of expertise and a commitment to the AML field, which can open up new career opportunities and increase earning potential. Additionally, the certification provides a network of like-minded professionals and access to valuable resources and continuing education opportunities through ACAMS.
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Recertification
Individuals must get recertified every three years if they wish to maintain their CAMS certification. To get recertified, individuals must have maintained their ACAMS membership, provide proof of having continued their professional education, and submit an online application along with a recertification fee.
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To be eligible for the CAMS certification exam, candidates must have relevant work experience in the field of anti-money laundering or financial crime prevention. Certified Anti-Money Laundering Specialists (the 6th edition) certification is ideal for individuals who want to advance their careers in financial services or compliance. CAMS exam consists of multiple-choice questions and is delivered online, making it easily accessible for candidates around the world. Passing the CAMS exam demonstrates a candidate's expertise in anti-money laundering and financial crime prevention, and can lead to higher salaries, greater job opportunities, and increased professional credibility.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
The CAMS Exam is a comprehensive test that covers a wide range of topics related to AML, including federal and international AML laws and regulations, financial crimes, compliance programs, and risk assessments. CAMS exam consists of 120 multiple-choice questions that must be completed within four hours. Candidates must answer at least 75% of the questions correctly to pass the exam and earn the CAMS certification.
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