CAMS - Certified Anti-Money Laundering Specialist | Qatar Finance and Business Academy

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CAMS - Certified Anti-Money Laundering Specialist

Certified Course

Total Number of Sessions: 6

Total Duration: 42 Hours

Program Overview

This program is specifically crafted to assist individuals aspiring to obtain the certificate offered by the Association of Certified Anti-Money Laundering Specialists (ACAMS®) in the United States of America. It aims to equip students with a comprehensive set of resources, including multiple-choice questions, case studies, and valuable advice and notes. These materials are designed to enhance the student's preparation for the test, gauge their understanding of the topics, and ensure readiness for the Certified Anti-Money Laundering Professional Certificate, ultimately leading to a successful examination outcome.

Who Should Attend

Designed for individuals seeking to build their expertise in compliance and financial crime prevention and to earn the CAMS® certification.

AML/CFT officers
Compliance officers

Regulatory & law enforcement professionals
Financial and non-financial sector employees

Exam(s) Details

CAMS - Certified Anti-Money Laundering Specialist

The exam consists of 120 multiple‑choice and multiple‑selection questions. Duration: 3.5 hours (210 minutes). The exam is computer‑based and taken under supervised conditions. You receive your result (pass/fail) immediately upon completion.

Available languages:English,Arabic

Total Questions: 120 | Duration: 3 hours 30 minutes

$1595 to $2095

Course Prerequisite

Eligibility includes professional experience or relevant certifications; minimum 40 hours of learning required.

Professional experience in finance, compliance, or AML
Relevant certifications (CPA, CFE, CPP, CRCM, etc.)
Completion of minimum 40 learning hours

Course Outline

Module 1: Money Laundering Risks and Methods

What is Money Laundering?
Three Stages in the Money Laundering Cycle
The Economic and Social Consequences of Money Laundering
Methods of Money Laundering
Banks and Other Depository Institutions
Non-Bank Financial Institutions
Non-Financial Businesses and Professions
Risk Associated with New Payment Products and Services
Corporate Vehicles Used to Facilitate Illicit Finance
Case Studies
Sample Exam Questions

Module 2: International Standards of Money Laundering Compliance

Financial Action Task Force (FATF)
The Basel Committee on Banking Supervision
European Union Directives on Money Laundering
Other Related Initiatives and Organizations
Key US Legislative and Regulatory Initiatives Applied to Transactions Internationally.
Case Studies
Sample Exam Questions

Module 3: Money Laundering Compliance Program

Assessing AML/CFT Risk
AML/CFT Program
Establishing a Culture of Compliance
Know Your Customer
Know Your Employee
Suspicious or Unusual Transaction Monitoring and Reporting
Automated AML/CFT Solutions
Due Diligence / Enhanced Due Diligence
Case Studies
Sample Exam Questions

Module 4: Conducting or Supporting the Investigation Process

Investigations Initiated by the Financial Institution
Investigations Initiated by Law Enforcement
Cooperating with Law Enforcement During an Investigation Against a Financial Institution
Obtaining Counsel for an Investigation Against a Financial Institution.
Investigation Against a Financial Institution
Media Relations.
AML/CFT Cooperation between Countries
Case Studies
Sample Exam Questions

Module 5: CAMS Full Practice Questions Exam