ACAMS CAMS Exam : Certified Anti-Money Laundering Specialists (the 6th edition)

  • Exam Code: CAMS
  • Exam Name: Certified Anti-Money Laundering Specialists (the 6th edition)
  • Updated: Oct 03, 2026
  • Q & A: 865 Questions and Answers

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About ACAMS CAMS Exam Questions

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  • 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 economic and social consequences of money laundering
  • 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 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
  • 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
  • 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.
  • Determine the risks to individuals or institutions for violation of AML laws.

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About CAMS Designation

The CAMS certification is well-known around the globe for being the gold standard among Anti-Money Laundering validations which outlines the main aspects of money laundering and its prevention. What is more, such a certificate helps in encouraging a culture of compliance in organizations and demonstrating one's dedication to a structured risk-based approach. It also helps in meeting accepter anti-money laundering training requirements while rewarding and retaining top performers. Finally, the certification also aids in successfully safeguarding against financial damage.

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For more info visit:

CAMS Exam Reference

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

Certification Path

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

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ACAMS CAMS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: AML/CFT Compliance Programs28%- Training, audit and independent review
  • 1. Internal and external audit functions
  • 2. Staff training programs
  • 3. Continuous improvement
- Reporting and record-keeping
  • 1. Record retention requirements
  • 2. Suspicious activity reporting (SAR/STR)
- Customer due diligence requirements
  • 1. Ongoing monitoring
  • 2. Beneficial ownership identification
  • 3. KYC/CDD and enhanced due diligence
- Core elements of compliance programs
  • 1. Governance and oversight
  • 2. Policies, procedures and controls
  • 3. Risk assessment and management
Topic 2: Risks and Methods of Money Laundering and Terrorist Financing26%- Sanctions and related risks
  • 1. Consequences of non-compliance
  • 2. UN, EU, OFAC and other sanctions regimes
- Sector-specific vulnerabilities
  • 1. Precious metals and high-value goods
  • 2. Real estate
  • 3. Securities and capital markets
  • 4. Banking and deposit-taking institutions
  • 5. Legal and professional service providers
  • 6. Gaming and casinos
  • 7. Insurance sector
  • 8. Money services businesses
- Money laundering stages and mechanisms
  • 1. Trade-based money laundering
  • 2. Terrorist financing methods
  • 3. Placement, layering, integration
Topic 3: Compliance Standards for AML/CFT25%- Risk-based approach fundamentals
  • 1. Application across jurisdictions
  • 2. Principles of risk assessment
- Global regulatory frameworks
  • 1. Basel Committee guidelines
  • 2. FATF 40 Recommendations
  • 3. USA PATRIOT Act and national regulations
  • 4. EU AML Directives
  • 5. Wolfsberg Principles
- International organizations and bodies
  • 1. Standard-setting bodies
  • 2. Financial Action Task Force
  • 3. Egmont Group of Financial Intelligence Units
Topic 4: Conducting and Responding to Investigations21%- 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
- Disciplinary and remedial actions
  • 1. Corrective measures and sanctions
  • 2. Preventing recurrence
- Detection and red flags
  • 1. Industry-specific red flags
  • 2. Identifying suspicious activities and transactions

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