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To become CAMS certified, candidates must pass a rigorous examination that tests their knowledge and skills in the field of AML/CTF. CAMS-KR exam consists of 120 multiple-choice questions and is timed at four hours. Candidates must achieve a minimum score of 75% to pass the exam. Once certified, CAMS professionals are required to maintain their certification by earning 60 continuing education credits every three years to ensure that they stay up to date with the latest developments in the field.
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ACAMS CAMS certification is highly valued by employers in the AML industry, as it demonstrates a professional's knowledge and understanding of AML best practices. CAMS-certified professionals are in high demand by financial institutions, regulatory agencies, and law enforcement agencies, as they can help prevent money laundering and other financial crimes. Additionally, the certification can lead to career advancement opportunities and higher salaries for AML professionals.
ACAMS CAMS (Certified Anti-Money Laundering Specialists) exam is a globally recognized certification that validates the knowledge and skills of professionals working in the anti-money laundering (AML) field. Certified Anti-Money Laundering Specialists (CAMS Korean Version) certification is offered by the Association of Certified Anti-Money Laundering Specialists (ACAMS), which is the largest international membership organization dedicated to enhancing the knowledge and skills of professionals in the AML field.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Conducting and Responding to Investigations | 21% | - Detection and red flags
|
| Topic 2: Compliance Standards for AML/CFT | 25% | - Risk-based approach fundamentals
|
| Topic 3: Risks and Methods of Money Laundering and Terrorist Financing | 26% | - Sector-specific vulnerabilities
|
| Topic 4: AML/CFT Compliance Programs | 28% | - Training, audit and independent review
|
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