Certified Anti-Money Laundering Specialist

About CAMS

The Certified Anti-Money Laundering Specialist (CAMS) designation denotes a superior level of understanding of international AML/CFT principles. Passing the CAMS examination distinguishes you as an AML/CFT authority and helps mitigate institutional financial crime risks. Internationally renowned and accepted, world governments acknowledge the CAMS Certification as the gold standard in AML/CFT compliance. Those who earn the CAMS designation reap multiple benefits, as increasing their professional value through better understanding of financial crime detection and prevention techniques, protecting their institution from money laundering threats and minimize financial crime risks, meeting mandated AML training requirements through preparation and study, and proving their AML expertise to examiners and regulators.

Reference Material / Body Of Knowledge

Eligibility Requirements

Need to be a member of ACAMS and qualify with a minimum of 40 credits

CAMS Eligibility Requirements and ACAMS Membership Candidates wishing to sit for the CAMS examination must have: 

  • Active ACAMS membership
  • 40 credits required
  • Education – 10 for Associates – 20 for Bachelors – 30 for Masters – 40 for JD or PhD
  • Work Experience – 10 credits for each year of experience – Unlimited
  • Training – 1 credit for each hour of financial-crime related training – Unlimited

To check if you meet the eligibility requirements, go to: Eligibility Calculator Candidates who pass the CAMS examination and wish to use and display the CAMS credential must have an active ACAMS membership.

How To Apply For Cams Course?

  • Fill out your application online.
  • Choose your membership and CAMS certification package.
  • Submit your payment, application and supporting documents.
  • Upon payment, ACAMS will provide you with access to the ACAMS LMS where you will find all your preparation material along with the CAMS eLearning course
  • Complete your online application and submit payment. Payment may be made by credit card, personal check, cashier’s check, money order or wire transfer (wire transfers must include identifying information). Checks should be made payable to ACAMS. Prices are subject to change. Declined credit cards and/or returned checks are subject to a US$25 penalty. (ACAMS PO Box 74007578 Chicago, IL 60674-7578 Please submit your questions via our Contact Us page online)

Examination Fees

Acams Exam Packages

Cams Package With Virtual Classroom: 

  • Private Sector US$ 2180
  • Public Sector* US$1790

Standard Cams Package Without Virtual Classroom: 

  • Private Sector US$1695
  • Public Sector* US$1295

*For individuals who work for the government

About The Exam

The CAMS examination consists of 120 multiple choice and multiple selection questions. The passing score required to obtain the CAMS certification is 75. All candidates have 3.5 hours to complete the exam. There is no penalty for guessing. Avoid leaving any questions unanswered to maximize your chances of passing. For practice questions, please see Chapter 6 of the Study Guide.

The CAMS examination consists of four domains. Below you will find the test objectives for each of the domains as well as the overall percentage weight of each domain.

  1. Risks And Methods Of Money Laundering And Terrorism Financing 26%
  2. Compliance Standards For Anti-Money Laundering (AM) And Combating The Financing Of Terrorism (CFT) 25%
  3. AML, CFT and Sanctions Compliance Programs 28%
  4. Conducting And Supporting The Investigation Process 21%

Examination Day

Plan to arrive/login 30 minutes before the scheduled appointment to allow time for check-in. Candidates who are late may not be allowed to test. 

Identification Bring with you two forms of current and valid government-issued identification bearing a photograph and a signature. The name on the identification must match the name used for registration. Identification (ID) Requirements: • The first and last name that the candidate uses to register must match exactly the first and last name on both of the IDs that are presented on test day. 

Reschedule/Cancellation Policy Regarding Your Exam Date Refunds will not be granted to individuals requesting to withdraw from an exam after registering. You can reschedule or cancel on the web up to 72 hours before the exam at no charge. You can also reschedule or cancel via the Pearson VUE call center (+1 866-389- 8339) up to 72 hours before the exam for a fee of US$20. If you cancel or reschedule an exam within 24 to 72 hours of your scheduled time, there will be a fee of US$100 collected by Pearson VUE. There is an additional fee for scheduling an exam by phone rather than by using the online system. Pearson VUE call centers will answer questions for assisting with online scheduling free of charge. However, if the exam is scheduled on the phone, there will be a US$20 fee collected by Pearson VUE. If you cancel your exam within 24 hours or do not show up for your scheduled appointment, you will need to contact ACAMS and you will be charged for a new authorization (US$299 private sector/US$199 public sector).

Examination Procedures and Code of Conduct

  • You will have three and a half hours to complete the exam.
  • Additional time will not be allowed. There are no scheduled breaks.
  • Candidates must have the permission of the proctor to leave the testing room.
  • No questions concerning the content of the exam may be asked during the testing period. It is the responsibility of each candidate to read the directions given on the computer and listen carefully to the instructions given by the proctor.

The proctor reserves the right to dismiss a candidate from the examination for any of the following reasons:  

  1. If the candidate’s admission to the exam is unauthorized.
  2. If a candidate creates a disturbance, is abusive or is otherwise uncooperative.
  3. If a candidate gives or receives help or is suspected of doing so.
  4. If a candidate attempts to remove examination materials or notes from the testing room.
  5. If a candidate is discovered in possession of an electronic communication or recording device.

To Schedule A Re-take

 The candidate must: 

  1. Request an invoice through the Contact Us page online.
  2. Pay the examination fee for their new Authorization to Test: US$299 for Private members and US$199 for Public members.
  3. Reschedule their exam through the test delivery website. Appeals ACAMS provides an appeal mechanism for challenging denial of admission to the exam or revocation of the certification.

It is the responsibility of the individual to initiate the appeal process by written request to ACAMS within 30 days of the circumstance leading to the appeal. 

Please note: Failure of the exam does not constitute grounds for a review and appeal.

Retaking the Examination

If a candidate does not pass, they will have the opportunity to retake the examination based on the following retake policy: 

  • Candidates who do not pass the exam on their first attempt can retake it after 30 days.
  • Candidates who do not pass the exam on their second attempt can retake it after 60 days.
  • Candidates who do not pass the exam on their third or more attempt can retake it after 90 days.

A candidate who applies for re-examination after one year following their original application must pay the full examination fee.

Recertification Requirements

In order to recertify the CAMS credential, you must meet the following requirements: 

  1. Maintain an active ACAMS membership
  2. Meet the Continuing Education credit requirements
  3. Submit an online application with the appropriate renewal fees
Continuing Education Credit Requirements 
  • A total of 60 continuing education credits must be accumulated within a three-year cycle.
  • A minimum of twelve (12) of the total credits must be earned from ACAMS-provided training. Please note that this means that CAMS credits earned from other providers will not count towards the 12 credits of required ACAMS-provided training.
  • Applicants will not be granted continuing education credits for activities completed prior to obtaining their CAMS credential or their most recent recertification.
  • Additional credits earned past the required 60 cannot be rolled over to the following cycle.
  • The deadline for earning continuing education credits is December 15 of the year of your recertification.
Membership Status Recertification 

Applicants must maintain an active ACAMS membership over the 3-year period in order to recertify.

Recertification Fee Fees must be submitted by the deadlines indicated and are non-refundable. Recertification fees are subject to change without notice. Applicants who submit applications with the inappropriate payment amount will be invoiced the difference and will remain unprocessed until the amount is paid in full. Fees can be paid by credit card, wire transfer or by check made payable to ACAMS. Please do not send cash. The applicant’s name and company must appear on all payments made by check or wire. 

Recertification Cycle 

The recertification cycle is the three-year period from the time an individual receives their certification or from the date of their most recent recertification. Application Please complete the online application here. Allow 5-7 business days from the time ACAMS receives your application for review and notification. Applications submitted near a deadline (e.g., October 1, December 15, or March 31) may take longer to review due to the higher volume of recertification applications received. 

Late Application Policy 

After the Late Application deadline of March 31, a member must take the CAMS examination to obtain the CAMS designation. Exceptions will only be considered if they are due to a documented extenuating circumstance as described below under the section labeled “Extensions.”

Lapsed Certifications

Members who do not submit an application within three months after their recertification deadline (March 31) will be considered no longer certified and must immediately cease using the CAMS designation. To become certified the candidate must purchase the CAMS certification package and retake the exam. 

Recertification by Examination

Those who opt to recertify by examination must submit a written request with payment by the Regular Application deadline (December 15). The cost to retake the exam is US$299. This fee is subject to change without notice. Applicants who submit their paperwork without the appropriate payment amount will be invoiced the difference and will remain unprocessed until the amount is paid in full. Fees can be paid by credit card, wire transfer, or by check made payable to ACAMS. Please do not send cash. The applicant’s name and company must appear on all payments made by check. This fee is non-refundable. Applicants do not need to submit a new examination form for this option.

Reminders and Application Submission

ACAMS will send the reminders to the e-mail address on file; therefore, it is important to make sure you notify ACAMS of any changes.

Need to be a member of ACAMS and qualify with a minimum of 40 credits

CAMS Eligibility Requirements and ACAMS Membership Candidates wishing to sit for the CAMS examination must have: 

  • Active ACAMS membership
  • 40 credits required
  • Education – 10 for Associates – 20 for Bachelors – 30 for Masters – 40 for JD or PhD
  • Work Experience – 10 credits for each year of experience – Unlimited
  • Training – 1 credit for each hour of financial-crime related training – Unlimited

 

To check if you meet the eligibility requirements, go to: Eligibility Calculator Candidates who pass the CAMS examination and wish to use and display the CAMS credential must have an active ACAMS membership.

 
  • Fill out your application online.
  • Choose your membership and CAMS certification package.
  • Submit your payment, application and supporting documents.
  • Upon payment, ACAMS will provide you with access to the ACAMS LMS where you will find all your preparation material along with the CAMS eLearning course
  • Complete your online application and submit payment. Payment may be made by credit card, personal check, cashier’s check, money order or wire transfer (wire transfers must include identifying information). Checks should be made payable to ACAMS. Prices are subject to change. Declined credit cards and/or returned checks are subject to a US$25 penalty. (ACAMS PO Box 74007578 Chicago, IL 60674-7578 Please submit your questions via our Contact Us page online)
 

Cams Package With Virtual Classroom: 

  • Private Sector US$ 2180
  • Public Sector* US$1790

Standard Cams Package Without Virtual Classroom: 

  • Private Sector US$1695
  • Public Sector* US$1295

*For individuals who work for the government

 

The CAMS examination consists of 120 multiple choice and multiple selection questions. The passing score required to obtain the CAMS certification is 75. All candidates have 3.5 hours to complete the exam. There is no penalty for guessing. Avoid leaving any questions unanswered to maximize your chances of passing. For practice questions, please see Chapter 6 of the Study Guide.

The CAMS examination consists of four domains. Below you will find the test objectives for each of the domains as well as the overall percentage weight of each domain.

  1. Risks And Methods Of Money Laundering And Terrorism Financing 26%
  2. Compliance Standards For Anti-Money Laundering (AM) And Combating The Financing Of Terrorism (CFT) 25%
  3. AML, CFT and Sanctions Compliance Programs 28%
  4. Conducting And Supporting The Investigation Process 21%

Plan to arrive/login 30 minutes before the scheduled appointment to allow time for check-in. Candidates who are late may not be allowed to test. 

Identification Bring with you two forms of current and valid government-issued identification bearing a photograph and a signature. The name on the identification must match the name used for registration. Identification (ID) Requirements: • The first and last name that the candidate uses to register must match exactly the first and last name on both of the IDs that are presented on test day. 

Reschedule/Cancellation Policy Regarding Your Exam Date Refunds will not be granted to individuals requesting to withdraw from an exam after registering. You can reschedule or cancel on the web up to 72 hours before the exam at no charge. You can also reschedule or cancel via the Pearson VUE call center (+1 866-389- 8339) up to 72 hours before the exam for a fee of US$20. If you cancel or reschedule an exam within 24 to 72 hours of your scheduled time, there will be a fee of US$100 collected by Pearson VUE. There is an additional fee for scheduling an exam by phone rather than by using the online system. Pearson VUE call centers will answer questions for assisting with online scheduling free of charge. However, if the exam is scheduled on the phone, there will be a US$20 fee collected by Pearson VUE. If you cancel your exam within 24 hours or do not show up for your scheduled appointment, you will need to contact ACAMS and you will be charged for a new authorization (US$299 private sector/US$199 public sector).

  • You will have three and a half hours to complete the exam.
  • Additional time will not be allowed. There are no scheduled breaks.
  • Candidates must have the permission of the proctor to leave the testing room.
  • No questions concerning the content of the exam may be asked during the testing period. It is the responsibility of each candidate to read the directions given on the computer and listen carefully to the instructions given by the proctor.

The proctor reserves the right to dismiss a candidate from the examination for any of the following reasons:  

  1. If the candidate’s admission to the exam is unauthorized.
  2. If a candidate creates a disturbance, is abusive or is otherwise uncooperative.
  3. If a candidate gives or receives help or is suspected of doing so.
  4. If a candidate attempts to remove examination materials or notes from the testing room.
  5. If a candidate is discovered in possession of an electronic communication or recording device.
 

 The candidate must: 

  1. Request an invoice through the Contact Us page online.
  2. Pay the examination fee for their new Authorization to Test: US$299 for Private members and US$199 for Public members.
  3. Reschedule their exam through the test delivery website. Appeals ACAMS provides an appeal mechanism for challenging denial of admission to the exam or revocation of the certification.

It is the responsibility of the individual to initiate the appeal process by written request to ACAMS within 30 days of the circumstance leading to the appeal. 

Please note: Failure of the exam does not constitute grounds for a review and appeal.

 

If a candidate does not pass, they will have the opportunity to retake the examination based on the following retake policy: 

  • Candidates who do not pass the exam on their first attempt can retake it after 30 days.
  • Candidates who do not pass the exam on their second attempt can retake it after 60 days.
  • Candidates who do not pass the exam on their third or more attempt can retake it after 90 days.

A candidate who applies for re-examination after one year following their original application must pay the full examination fee.

Recertification Requirements

In order to recertify the CAMS credential, you must meet the following requirements: 

  1. Maintain an active ACAMS membership
  2. Meet the Continuing Education credit requirements
  3. Submit an online application with the appropriate renewal fees
Continuing Education Credit Requirements 
  • A total of 60 continuing education credits must be accumulated within a three-year cycle.
  • A minimum of twelve (12) of the total credits must be earned from ACAMS-provided training. Please note that this means that CAMS credits earned from other providers will not count towards the 12 credits of required ACAMS-provided training.
  • Applicants will not be granted continuing education credits for activities completed prior to obtaining their CAMS credential or their most recent recertification.
  • Additional credits earned past the required 60 cannot be rolled over to the following cycle.
  • The deadline for earning continuing education credits is December 15 of the year of your recertification.
Membership Status Recertification 

Applicants must maintain an active ACAMS membership over the 3-year period in order to recertify.

Recertification Fee Fees must be submitted by the deadlines indicated and are non-refundable. Recertification fees are subject to change without notice. Applicants who submit applications with the inappropriate payment amount will be invoiced the difference and will remain unprocessed until the amount is paid in full. Fees can be paid by credit card, wire transfer or by check made payable to ACAMS. Please do not send cash. The applicant’s name and company must appear on all payments made by check or wire. 

Recertification Cycle 

The recertification cycle is the three-year period from the time an individual receives their certification or from the date of their most recent recertification. Application Please complete the online application here. Allow 5-7 business days from the time ACAMS receives your application for review and notification. Applications submitted near a deadline (e.g., October 1, December 15, or March 31) may take longer to review due to the higher volume of recertification applications received. 

Late Application Policy 

After the Late Application deadline of March 31, a member must take the CAMS examination to obtain the CAMS designation. Exceptions will only be considered if they are due to a documented extenuating circumstance as described below under the section labeled “Extensions.”

Members who do not submit an application within three months after their recertification deadline (March 31) will be considered no longer certified and must immediately cease using the CAMS designation. To become certified the candidate must purchase the CAMS certification package and retake the exam. 

 

Those who opt to recertify by examination must submit a written request with payment by the Regular Application deadline (December 15). The cost to retake the exam is US$299. This fee is subject to change without notice. Applicants who submit their paperwork without the appropriate payment amount will be invoiced the difference and will remain unprocessed until the amount is paid in full. Fees can be paid by credit card, wire transfer, or by check made payable to ACAMS. Please do not send cash. The applicant’s name and company must appear on all payments made by check. This fee is non-refundable. Applicants do not need to submit a new examination form for this option.

 

ACAMS will send the reminders to the e-mail address on file; therefore, it is important to make sure you notify ACAMS of any changes.

 
 
Share This :

Your Perfect Learning Partner​