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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:

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

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

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Certification Path

The CAMS Certified Anti-Money Laundering Specialist certification path includes only one CAMS certification exam.

Recertification

Individuals must get recertified every three years if they wish to maintain their CAMS certification. To get recertified, individuals must have maintained their ACAMS membership, provide proof of having continued their professional education, and submit an online application along with a recertification fee.

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How to study the CAMS Exam

Actual4Labs expert team recommend you to prepare some notes on these topics along with it don't forget to practice Certified Anti-Money Laundering Specialist CAMS Dumps which been written by our expert team, Both these will help you a lot to clear this exam with good marks.

• Determine methods to finance terrorism and to launder money used in banks, insurance companies, broker-dealers, investment advisors, capital markets, gaming, dealers of precious metal/high-value items, real estate, bureau de change, the business of money services, lawyers, notaries, accountants, and auditors.
• Provided a Scenario about trust, company service providers, emerging risks related to technology, banks, insurance companies, broker-dealers, investment advisors, capital markets, gaming, dealers of precious metal dealers, dealers of real estate, bureau de change, money services business, lawyers, notaries, accountants, auditors, financial transactions that offer anonymity, lack of transparency of ownership, moving money, involving commercial transactions and identify the red flags that indicate money laundering or financing terrorism.
• Determine the risks to individuals or institutions for violation of AML laws.
• Provided a scenario, Determine when and how to implement necessary program changes, the process to access the money laundering and internal factors that should be escalated to management
• Provided a scenario, Determine the key aspects of delivering targeted training for different audiences and job functions, components of an AML training program, roles senior management, roles senior management, how customer onboarding should be implemented for the institution, area to increase the efficiency and accuracy of automated AML tools
• Determine the economic and social consequences of money laundering
• Determine the key aspects of the FATF, BASEL Committee Customer Due Diligence Principles, EU Directives on money and Wolfsberg Groups AML Principles as they relate to private/correspondent banking, USA PATRIOT Act and OFAC sanctions that have extraterritorial reach

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