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How much CAMS Exam Cost

There are two options. Candidate can choose either with a virtual classroom package or without a virtual classroom package.

Price and benefits of with virtual classroom package

The price of this package is $1,880 for private sectors and $1,540 for public sectors
This package consists of a CAMS study guide, Online Preparation Course, CAMS Virtual classroom and CAMS Examination

Price and benefits of without virtual classroom package:

The price of this package is $1,459 for private sectors and $1,145 for public sectors
This package consists of a CAMS study guide, Online Preparation Course and CAMS Examination

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This exam is very difficult especially for those who have not a securities compliance or regulatory background and don't know how to handle AML investigations, money laundering schemes, various international AML regulations and setting up an AML compliance program. Candidates can only get good grades in the CAMS exam by dedication, hard work, and most accurate preparation material. There are many online platforms which are providing CAMS exam preparation material but they are not verified by experts. So, candidates have to choose a platform which gives them the best and authentic CAMS exam dumps which can make a good impact on your final result. There are many people rely on such kind of platforms but in the end, they are mostly getting poor grades. Candidates don't have to worry about this as GetValidTest is only one of the best platform that provides the best CAMS preparation material. Our CAMS exam dumps consist of all the topics and the questions that will be asked in the real exam and the best part is that we provide CAMS exam dumps in PDF format that you can easily read it offline on smartphones and other electronic accessories such as laptops, desktops, and tablets. GetValidTest also contain braindumps which will be really helpful in making notes.

Who should take the CAMS exam

The CAMS certification is an internationally-recognized credential that identifies persons who earn it as possessing specialized AML knowledge. AML professionals who earn the CAMS designation position themselves to be leaders in the business and to expertise professional growth. If a candidate wants significant improvement in career growth needs enhanced knowledge, skills, and talents. The CAMS certification provides proof of this advanced knowledge and skill. If a person fulfills the following eligibility requirements of the CAMS exam then he should take this exam.

Document a minimum of 40 qualifying credits based on education, other professional certification and professional expertise in the field.
Provide three professional references.
Submit supporting documents.

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

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ACAMS CAMS Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: AML/CFT Compliance Programs	28%	- Reporting and record-keeping 1. Record retention requirements 2. Suspicious activity reporting (SAR/STR) - Training, audit and independent review 1. Internal and external audit functions 2. Continuous improvement 3. Staff training programs - Customer due diligence requirements 1. Ongoing monitoring 2. KYC/CDD and enhanced due diligence 3. Beneficial ownership identification - Core elements of compliance programs 1. Risk assessment and management 2. Governance and oversight 3. Policies, procedures and controls
Topic 2: Compliance Standards for AML/CFT	25%	- Global regulatory frameworks 1. EU AML Directives 2. FATF 40 Recommendations 3. Wolfsberg Principles 4. Basel Committee guidelines 5. USA PATRIOT Act and national regulations - International organizations and bodies 1. Financial Action Task Force 2. Egmont Group of Financial Intelligence Units 3. Standard-setting bodies - Risk-based approach fundamentals 1. Principles of risk assessment 2. Application across jurisdictions
Topic 3: Conducting and Responding to Investigations	21%	- Information sharing and cooperation 1. Domestic and international cooperation 2. Working with FIUs and law enforcement - Investigation process and case management 1. Case documentation and reporting 2. Evidence gathering and analysis - Detection and red flags 1. Identifying suspicious activities and transactions 2. Industry-specific red flags - Disciplinary and remedial actions 1. Corrective measures and sanctions 2. Preventing recurrence
Topic 4: Risks and Methods of Money Laundering and Terrorist Financing	26%	- Sector-specific vulnerabilities 1. Insurance sector 2. Banking and deposit-taking institutions 3. Gaming and casinos 4. Money services businesses 5. Securities and capital markets 6. Real estate 7. Precious metals and high-value goods 8. Legal and professional service providers - Sanctions and related risks 1. UN, EU, OFAC and other sanctions regimes 2. Consequences of non-compliance - Money laundering stages and mechanisms 1. Placement, layering, integration 2. Terrorist financing methods 3. Trade-based money laundering