How to pass the Certified Anti-Money Laundering Specialists (CAMS) Exam. Blog

It takes determination and hard work to pass an exam and earn certifications. Certifications not only confirm your expertise but also increase the demand for your services in that field. The Certified Anti-Money Laundering Specialists (CAMS) certification is an example of this. It is not easy to get certifications, especially if you are a young professional. If you are one of these professionals and are looking for resources to help you pass the exam and become a Certified Anti-Money-Laundering Specialist, you have come to the right place. Below is a detailed roadmap that will help you prepare for the certification exam.
What is the CAMS Certification Exam?
The Certified Anti-Money Laundering Specialist (CAMs) certification exam validates your skills as a professional in the Anti-Money Laundering and Combating Terrorism Financing Sector. ACAMS offers this certification. They are the largest international membership group dedicated to improving the knowledge and expertise in financial crime detection. They are also experts in the prevention of financial crime in both the private and public sectors.
The CAMS credential, the highest standard in AML certifications, is the CAMS credential. It is recognized by regulators and governments around the world. It is also known for its serious commitment in protecting the financial system from money laundering.
Who is a Certified Anti Money Laundering Specialist?
CAMS is a respected and lucrative Anti-Money Laundering Professional. They are experts in their field. Candidates who score 75% or more on the Certification exam are designated CAMS. They also investigate money laundering issues in financial institutions and banks. They are responsible for ensuring the efficient identification, monitoring and documentation of suspicious transactions.
CAMS credential is a unique stipulation that allows financial auditors to combat money laundering. On average, the CAMs certification salary ranges between Rs8-10 Lakh. Their designation signifies a high level of knowledge and understanding about AML/CFT principles.
Exam Overview
Let’s now take a closer look at the exam details for the Certified Anti Money Laundering Specialist CAMS certification exam.
Exam NameCertified Anti Money Laundering SpecialistCodeCAMSExam Duration3.5 hoursFormatMultiple Choice and Multi-Response QuestionsExam FeeCost Public Sector USD $1,295Private SectorUSD $1,695.00Number of Questions120 QuestionsPass Score75% and aboveCourse Outline
Let’s now take a look at the technical part of exam preparation, i.e. the course outline. The Certified Anti-Money Laundering Specialist CAMS exam covers the following topics:
Firstly, Risks and methods of money laundering (26%)
Secondly, Compliance standards to combat the financing of terrorism and anti-money laundering (25%)
Then, Anti-money Laundering, CFT and Sanctions Compliance Programs (28%)
Final: Conducting or supporting anti money laundering investigations (21%)
For better preparation, use the Certified Anti Money Laundering Specialist Study Guide!
Preparation Guide for CAMS Exam
You must be thorough in your preparation for the exam. You don’t want all those months wasted. The best way to pass an exam and get certified is to choose the best strategy. This guide will help you organize your preparation for the exam. It is not the same for all certifications. This guide will help you save time and help you prepare accordingly.
Official Study guide
Before you proceed with any step in the exam preparation, please go through the official Certified Anti Money Laundering Specialist study guide.

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