Participants will receive access to the recorded sessions of the course.
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The Association of Certified Anti-Money Laundering Specialists (ACAMS) is the largest international membership organization dedicated to enhancing the knowledge, skills and expertise of AML/CTF and financial crime detection and prevention professionals. Our members include representatives from a wide range of financial institutions, regulatory bodies, law enforcement agencies and industry sectors.
The 2-day course is designed to advance the professional knowledge, skills and experience of those dedicated to the detection and prevention of money laundering around the world, promote the development and implementation of sound anti-money laundering policies and procedures and prepare eligible candidates to sit the CAMS examination.
Why Earn CAMS?
The Certified Anti-Money Laundering Specialist (CAMS) designation denotes a superior level of understanding of international AML/CFT principles. Passing the CAMS examination distinguishes you as an AML/CFT authority and helps mitigate institutional financial crime risks. Internationally renowned and accepted, world governments acknowledge the CAMS Certification as the gold standard in AML/CFT compliance. Those who earn the CAMS designation reap multiple benefits, as increasing their professional value through better understanding of financial crime detection and prevention techniques, protecting their institution from money laundering threats and minimize financial crime risks, meeting mandated AML training requirements through preparation and study, and proving their AML expertise to examiners and regulators.
The CAMS credential:
- Demonstrates to examiners that your institution has specialized knowledge in the AML field. CAMS is recognized as the benchmark of AML certifications by regulatory agencies and the financial services industry.
- Can help your organization minimize risk. Having a CAMS-certified team ensures that your colleagues share and maintain a common level of AML knowledge. Studying for the examination also offers guidance in designing and implementing tailored AML programs
- Upgrades your staff’s skills. The exam preparation and continuing education required to maintain certification ensures your employees’ skills remain sharp and their knowledge current. Having a CAMS certified team lends tremendous credibility to your AML program, thereby enhancing your commitment and diligence in the eyes of regulators.
Training Outline
Session 1: Introduction to Money Laundering & Reverse Money Laundering
Session 2: Latest Money Laundering Trends, Threats and Methods
Session 3: International Standards of Anti- Money Laundering Compliance
Session 4: Designing an effective Anti- Money Laundering Compliance Program
Session 5: Duties & Responsibilities of the Money Laundering Reporting Officer “MLRO”
Session 6: Designing an effective Customer Due Diligence / Enhanced Due Diligence
Session 7: Conducting and Supporting the Investigation Process
Session 8: Reporting Suspicious Activities / Transactions “SAR’s / STR’s”
Who Should Attend
- Compliance Officers
- AMLCOs/ Alternate AMLCOs
- AML Analysts
- Transaction monitoring specialists Bank employees
- Corporate administrators
- Anti-Financial Crime Professionals
- Aspiring Anti-Financial Crime Professionals
CAMS Certification:
The Certified Anti-Money Laundering Specialist (CAMS) credential is the gold standard in AML certifications and recognized internationally by financial institutions, governments and regulators.
Those who earn CAMS position themselves as industry leaders and:
- Earn 42% more than non-certified colleagues
- Increase their professional value through better understanding of financial crime detection and prevention techniques
- Protect their institution from money laundering threats and minimize financial crime risks
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- Meet mandated AML training requirements through preparation and study
The EIMF CAMS Examination Preparation Package:
The EIMF is offering the sector’s most competitive prices through a substantial discount to the Cyprus Market and a package that includes all that an AML/CTF professional requires for career advancement.
- Exam costs are included in the fee
- 2-day Course in preparation for the exam
- Electronic and audio study materials
- Study tips, flashcards and practice questions
- CAMS Official Study Guide
- Non-ACAMS members will attain 1-year membership
The CAMS study guide is your main resource for preparing for the examination. The study guide walks you through:
- Money laundering risks and methods, such as Black-Market Peso Exchange and import and export price manipulation
- The Financial Action Task Force (FATF) Recommendations, the Basel Committee’s Report on Customer Due Diligence and the Wolfsberg Group Principles
- Important elements of an Anti-Money Laundering (AML) program
- How to conduct and support a money laundering investigation
Visit the ACAMS eligibility calculator to determine if you have the requisite background to qualify for the CAMS exam.
Download the CAMS Handbook
CPD Recognition
This programme may be approved for up to 14 CPD units in AML and Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
ACAMS and EIMF
The ACAMS and EIMF have a long-lasting collaboration in organising training and development events and promoting opportunities that are of value to the ACAMS members as well as to compliance professionals. The ACAMS has awarded the EIMF the “Authorised Training Provider” status, which allows EIMF to offer quality preparation courses for participants pursuing the ACAMS certificates, such as the CAMS (Certified Anti-Money Laundering Specialist).
In-house Training
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.
