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ACAMS CAMS (Certified Anti-Money Laundering Specialists) Exam is a globally recognized certification program designed for professionals who are working in the anti-money laundering (AML) industry. It is a rigorous program that measures the knowledge and skills of individuals who are responsible for detecting and preventing money laundering activities in their organizations. The CAMS exam is a well-respected credential that demonstrates a professional's commitment to AML compliance and their expertise in the field.

The Certified Anti-Money Laundering Specialists (CAMS Deutsch Version) certification program is administered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), which is the largest international membership organization dedicated to fighting financial crime. The organization has been a leader in the field of AML training and certification for over 20 years. ACAMS provides comprehensive training and support to individuals who are seeking to earn the CAMS certification, including study materials, webinars, and practice exams.

The Certified Anti-Money Laundering Specialist (CAMS) exam is a globally recognized certification program designed to equip individuals with the necessary knowledge and skills to prevent and detect money laundering and terrorist financing. The CAMS certification is administered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), a leading international organization dedicated to the fight against financial crime.

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

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ACAMS CAMS Deutsch Exam Syllabus Topics:

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

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