ACAMS CAMS-Deutsch Questions & Answers - in .pdf
- Vendor: ACAMS
- Exam Code: CAMS-Deutsch
- Exam Name: Certified Anti-Money Laundering Specialists (CAMS Deutsch Version)
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- Vendor: ACAMS
- Exam Code: CAMS-Deutsch
- Exam Name: Certified Anti-Money Laundering Specialists (CAMS Deutsch Version)
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How to Get Certified
To obtain the ACAMS CAMS certificate individuals must take and successfully pass the affiliated namesake CAMS exam, which requires individuals to go through a three-step process. This has been outlined below:
- Take the actual CAMS exam
After an individual is found to be eligible and their application has been approved, they may go on to schedule their CAMS evaluation.
- Submit an application
After gaining membership at ACAMS, individuals are required to submit an application form along with payment. To be eligible to send an application, individuals must meet the following requirements: hold an active ACAMS membership, have 40 ACAMS credits, possess an education (10 credits for associates, 20 credits for bachelors, 30 credits for masters, and 40 credits for JD, or PhD), possess work experience (10 credits for each year of work experience), and have training (1 credit for an hour of training in the field of financial crime).
- Be a member of ACAMS
Individuals may gain membership of ACAMS as individuals, as part of an enterprise, as public sector workers, or as part of a chapter. Members are required to make a standard membership payment.
Certification Path
The CAMS Certified Anti-Money Laundering Specialist certification path includes only one CAMS certification exam.
ACAMS CAMS Deutsch Exam Overview:
| Certification Vendor: | ACAMS (Association of Certified Anti-Money Laundering Specialists) |
|---|---|
| Exam Name: | Certified Anti-Money Laundering Specialists (the 6th Edition) |
| Exam Number: | CAMS |
| Available Languages: | English, Spanish, German, Chinese, French, Japanese, Portuguese |
| Exam Format: | Multiple-choice |
| Exam Duration: | 210 minutes |
| Real Exam Qty: | 120 |
| Related Certifications: | Certified Anti-Money Laundering Specialist (CAMS) |
| Exam Price: | $1,695 |
| Passing Score: | 75% |
| Certificate Validity Period: | 3 years (recertification required) |
| Sample Questions: | ACAMS CAMS Deutsch Sample Questions |
| Exam Way: | Online (Proctored) or at Pearson VUE Test Centers |
| Pre Condition: | Candidates must have a minimum of 40 qualifying credits based on education and professional experience in the AML/financial crime prevention field. |
| Official Syllabus URL: | https://www.acams.org/en/cams-certification |
How to study the CAMS Exam
Itcertking 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.
- 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 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 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
- 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
Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf
CAMS Certified Anti-Money Laundering Specialist Exam
CAMS Certified Anti-Money Laundering Specialist Exam is designed by the Association of certified anti-money laundering specialist (ACAMS) is a global membership organization that provides training and certification, of anti-money laundering professionals worldwide. ACAMS is supporting financial AML professionals through knowledge sharing and skills development. CAMS exam tests candidates basic knowledge on setting up an AML compliance program, money laundering schemes, various international AML regulations, and how to handle AML investigations. CAMS exam is internationally recognized and a good designation for those who are looking to work in the AML field.
ACAMS CAMS Deutsch Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| AML/CFT Compliance Program | 26% | - Ongoing Monitoring and Reporting
|
| Money Laundering Risks and Methods | 26% | - Nature of Money Laundering, Terrorist Financing, and Threat Finance
|
| Compliance Standards for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) | 25% | - AML/CFT Compliance Program Designation
|
| AML/CFT Investigations and Enforcement | 23% | - AML/CFT Investigation Process
|
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