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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.
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
| Section | Objectives |
|---|---|
| Topic 1: Transaction Monitoring and Reporting | - Suspicious Activity Reports (SAR) / STR filing - Case management and investigation processes - Suspicious activity detection and monitoring systems |
| Topic 2: AML and CTF Fundamentals | - Money laundering and terrorist financing concepts - International AML/CTF standards and FATF recommendations - Stages and typologies of money laundering |
| Topic 3: Customer Due Diligence (CDD) and KYC | - Enhanced due diligence for high-risk customers - Customer identification and verification - Beneficial ownership and PEP screening |
| Topic 4: AML Compliance Framework | - Internal controls and governance - Regulatory obligations and enforcement expectations - AML compliance program structure |
| Topic 5: Financial Crime Typologies and Risk | - Common money laundering typologies across industries - Sanctions and embargo compliance - Risk assessment methodologies |
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