Latest CAMS | ACAMS Practice Exams 2022 Updated
Practice Real & Latest exam questions with detailed explanations to answers. Pass the CAMS exam in the first shot.
Practice Real & Latest exam questions with detailed explanations to answers. Pass the CAMS exam in the first shot.
The Association of Certified Anti-Money Laundering Specialist (ACAMS) is a prestigious, international organization, that offers various certifications in the anti-money laundering (AML) and counter-terrorism financing (CTF) fields. ACAMS is international in nature, not focused on the U.S. only. Actually, the majority of their material is not currently enforced in the U.S. In order to even sit for the test, you must qualify with real world AML/CTF/Fraud related experience. Becoming a Certified Anti-Money Laundering Specialist (CAMS) does not immediately make you an AML/CTF expert. It does however show the commitment to yourself, your profession and your eagerness to continue learning. Does the cost, in terms of time and effort, produce the kind of benefit the employee and their organization need?
The CAMS test is not easy, and is constantly being updated to address emerging issues, threats and potential solutions to mitigate these threats. With that in mind, the certification shows that an individual has a solid foundation of AML/CTF laws, regulations, controls, and trends in the international landscape. This makes being CAMS certified a solid indicator of a committed and knowledgeable individual. It's an excellent way to garner continuing education and stay involved in the latest AML/CTF trends through involvement in local ACAMS chapters, events and publications. This certification is not geared exclusively to financial institution (FI) employees. Resources from law enforcement, regulatory bodies, and a variety of other industry sectors affected by money laundering and terrorist financing are prime candidates as well, making it a widely respected certification to obtain.
Exam Name Certified Anti Money Laundering SpecialistCode CAMS
Exam Duration 3.5 hours
Format Multiple Choice and Multi-Response Questions
Exam Fee Cost Public Sector USD $1,295 Private Sector USD $1,695.00
Number of Questions 120 Questions
Pass Score 75% and above
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