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 Objectives

By the end of the programme, participants will be able to:

• Recall key anti-money laundering (AML) terms, definitions, and regulatory frameworks.
• Memorize the components of relevant AML laws and global compliance standards.
• Explain the fundamental concepts and principles of anti-money laundering.
• Demonstrate an understanding of the risk assessment process in the context of AML.
• Comprehend the implications of AML regulations on financial institutions and businesses.
• Apply AML knowledge to analyze and assess the risk associated with financial transactions.
• Utilize AML principles to evaluate and implement risk mitigation strategies.
• Apply regulatory compliance measures in real-world scenarios.
• Analyze case studies to identify patterns of suspicious financial activities.
• Evaluate the effectiveness of AML programs in different organizational contexts.
• Assess the impact of evolving AML regulations on financial institutions.
• Evaluate the ethical considerations and professional conduct in AML roles.
• Critically assess the effectiveness of AML strategies in preventing financial crimes.
• Evaluate the potential risks and challenges associated with AML compliance.

Training Outline

• Risks and Methods of Money Laundering and Terrorist Financing
• International AML/CFT Standards
• Anti-Money Laundering/Counter-Terrorist Financing Compliance Programs
• Conducting and Responding Investigations

Who Should Attend

The programme is addressed to

• Transaction monitoring analyst
• Fraud investigator
• All AML professionals
• AML Analysts
• Bank employees
• Corporate administrators
• Chief compliance professionals
• Audit, special investigations
• SAR/STR reporting professionals.
• Risk Management Professionals
• Regulatory Compliance 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 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
• ACAMS 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 CCAS exam.

Download the CAMS Handbook

CPD Recognition

This programme may be approved for up to 14 CPD units in Financial Regulation and AML. 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) and CCASS (Certified Cryptoasset AFC Specialist).

Training Style

The course will adopt a structured and rigorous approach, incorporating lectures, interactive discussions, case studies, and practice exams. It aims to provide a comprehensive review of the CAMS exam domains, helping participants build the knowledge and confidence needed to successfully pass the certification exam.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.