Certified Anti-Money Laundering Specialists – Practice Tests

Pass the ACAMS Certified Anti-Money Laundering Specialists (CAMS) with 375 questions and detailed explanations

Created by: Master Prep
Instructor at Udemy

What Will I Learn?

• Master key anti-money laundering concepts, regulations, and the roles and responsibilities within AML compliance.
• Develop the ability to identify and analyze potential money laundering activities and understand effective countermeasures.
• Enhance test-taking strategies with varied question types, improving skills in scenario analysis and critical thinking.
• Prepare thoroughly for the CAMS exam by practicing with detailed questions and answers that mimic the real test environment.

Requirements

• Basic Understanding of AML Concepts: Familiarity with key anti-money laundering principles and practices is advised to ensure effective engagement with the course material.
• Background in Finance or Law: A foundational knowledge in financial services, law, or related fields helps in comprehending the regulatory and compliance aspects covered in the exams.
• Completion of Preliminary Study: It's beneficial to have studied the core content from the ACAMS CAMS Certification Study Guide or similar resources to have a grounding in the topics that will be tested.
• Membership with ACAMS (optional): While not mandatory for the practice tests, being a member of ACAMS can provide additional resources and updates relevant to the certification exam and ongoing professional development in anti-money laundering.

Target audience

• Financial Professionals: Individuals working in banks, credit unions, and other financial institutions who are involved in compliance, risk management, or related fields.
• Legal Professionals: Lawyers and legal advisors focusing on financial regulations, AML laws, and compliance requirements.
• Government and Regulatory Officials: Employees of regulatory bodies, law enforcement agencies, or government departments tasked with overseeing and enforcing AML regulations.
• Compliance Officers and Managers: Those who are directly responsible for implementing and managing AML compliance programs within their organizations.
• Career Changers: Individuals looking to transition into AML roles from other sectors and seeking to gain a recognized qualification to enhance their employment prospects.
• ACAMS Exam Candidates: Those preparing to sit for the CAMS examination and seeking to ensure a thorough understanding of the material through extensive practice.