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ACAMS CAMS Deutsch valid - in .pdf

CAMS Deutsch pdf
  • Exam Code: CAMS Deutsch
  • Exam Name: Certified Anti-Money Laundering Specialists (CAMS Deutsch Version)
  • Q & A: 865 Questions and Answers
  • PDF Price: $79.99
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  • Exam Code: CAMS Deutsch
  • Exam Name: Certified Anti-Money Laundering Specialists (CAMS Deutsch Version)
  • Q & A: 865 Questions and Answers
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ACAMS CAMS Deutsch valid - Testing Engine

CAMS Deutsch Testing Engine
  • Exam Code: CAMS Deutsch
  • Exam Name: Certified Anti-Money Laundering Specialists (CAMS Deutsch Version)
  • Q & A: 865 Questions and Answers
  • Software Price: $79.99
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Exam Details

The CAMS is a 3.5-hour test consisting of 120 multiple-choice and multiple-select questions. To pass and obtain the CAMS certification, test-takers must achieve a score of 75 or more. ACAMS recommends that candidates arrive/log in 30 minutes before the scheduled time for the official exam as latecomers may not be allowed to take the test and this allows ample time for check-in. Test-takers are also required to bring along with them the two forms of current and valid government-issued identification. Please note that the identification must include a photograph and signature. Also, please ensure that the name used when registering for the real exam is one and the same as it appears on the identification.

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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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Career Opportunities

Individuals who have obtained the CAMS designation may receive a range of benefits. They include furthering one's professional portfolio via demonstrating a better understanding of the detection and prevention techniques of financial crime, helping to protect their organization from money laundering threats, and lessening financial crime risks. What's more, by flaunting this qualification on your resume, you can opt for such job roles as an Anti-Money Laundering Analyst, Bank Secrecy Act (BSA) Officer, Staff Auditor, Management Consultant, etc. When it comes to the annual payment received by those specialists who got CAMS certified, it equals almost $82k per year as shown by Payscale.com.

CAMS Exam topics

Candidates must know the exam topics before they start of preparation. Because it will really help them in hitting the core. Our CAMS exam dumps will include the following topics:

  • Maintenance of an effective AML/CFT compliance program
  • How to manage and support a money laundering investigation
  • Recognition of AML compliance risks
  • Conducting or supporting the investigation process
  • Money laundering risks and strategies, like Black Market Peso Exchange and import and export price manipulation
  • The Financial Action Task Force (FATF) Recommendations, the Basel Committee's Report on client Due Diligence and also the Wolfsberg cluster Principles
  • SAR and STR filing
  • The assistance of institutional investigations
  • Important elements of an Anti-Money Laundering (AML) program
  • Comply standards for anti-money laundering (AML) and combating the financing of terrorism (CFT)
  • AML/CFT compliance program designs in several business settings
  • Money laundering and terrorist financing methods

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

ACAMS CAMS Deutsch Exam Syllabus Topics:

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

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