Certification Brochure

Revised 2010

Table of Contents

Contact Information

For information about your examination application or your examination, please contact:

ACAMSBrickell Bayview Center

80 Southwest 8th Street, Suite 2350Miami, FL 33130 USA

Telephone: +1.305.373.0020 or +1.866.459.CAMS (toll free) Fax: +1.305.373.7788 or +1.305.373.5229

Email: [email protected]: www.ACAMS.org

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About ACAMS® . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

About This Handbook . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Eligibility Requirements and ACAMS Membership . . . . . . . . . 3

Statement of Nondiscrimination . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

How to Apply . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Background Verification Check . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Requests for Special Examination Accommodations . . . . . . . 4

Reschedule/Cancel Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

What to Bring to the Test Center . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

What Time to Arrive at Test Center . . . . . . . . . . . . . . . . . . . . . . . . 4

Items Not Permitted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Examination Procedures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Integrity of the Examination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Inclement Weather . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Report of Results . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Retaking the Examination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Appeals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Candidate Identity Management System (CIMS) . . . . . . . . 5 - 6

ACAMS Membership Application . . . . . . . . . . . . . . . . . . . . . . . . . . 7

CAMS® Examination Application . . . . . . . . . . . . . . . . . . . . . . . 8 - 15

Request for Special Accommodations . . . . . . . . . . . . . . . . . . . 16

Sample Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

ACAMS Detailed Content Outline . . . . . . . . . . . . . . . . . . . . . 18 - 22

Answers to Sample Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

About ACAMS and CAMS CertificationThe Association of Certified Anti-Money Laundering Specialists® (ACAMS) is a membership organization devoted entirely to the professionalization of the anti-money laundering specialist and to the development of standards by which the specialists can be identified and distinguished.

The CAMS certification examination rigorously tests for aptitude and expertise in anti-money laundering detection and enforcement. Each person who passes the examination becomes a Certified Anti-Money Laundering Specialist® (CAMS), a designation that is recognized by financial institutions and governments throughout the world.

About this HandbookThis handbook provides information that you will need to register for the CAMS Examination including eligibility requirements, examination policies, an examination content outline and examination application.

How To Get Started Step 1: Fill out your application and gather supporting documents.

Step 2: Choose if you would like to attend a live or online CAMS Examination Preparation Seminar.

Step 3: Submit your payment, application and supporting documents.

Step 4: Upon receipt of payment, we will send you a link to access the online PDF and audio files of the Study Guide & Supplement and your login to online training, if you have chosen that option. Upon approval of your application, we will send you an Examination Identification Number to schedule your exam at your convenience.

Step 5: Schedule your examination at one of Kryterion’s 417 live host locations. Kryterion has several other sites currently in implementation.

Note: Your Examination ID Number will be valid for six months from the date it was issued. You must take the exam before the end of the sixth month. Eligibility Requirements and ACAMS MembershipCandidates wishing to sit for the CAMS Examination must:

Document a minimum of 40 qualifying credits based 1. on education, other professional certification and professional experience in the field,

Submit supporting documents, and 2.

Provide three professional references. 3. Candidates who pass the CAMS Examination also must be active ACAMS members to maintain, use and display the CAMS credential.

Statement of NondiscriminationACAMS does not discriminate among candidates based on age, gender, race, color, religion, national origin, disability or marital status.

Examination Fee*ACAMS Members Private sector $1,195 Public sector** $995 Non Members $ 1,595

Payment may be made by credit card, personal check, cashier’s check, money order or wire transfer. Checks should be made payable to ACAMS. Prices are subject to change. Declined credit cards and/or returned checks are subject to a $25 penalty.

*Your fee includes:The Study Guide for the CAMS Certification Examination in •

PDF and audio formatsTraining via a live or online CAMS Examination Preparation •

SeminarConvenient computer-based testing•

**For individuals who work for the government.

How to ApplyComplete the application and background check verification authorization form included in this handbook. Mail or fax all required documentation and the appropriate fee to ACAMS at the address below.

ACAMS Attn. Certification Department

Brickell Bayview Center80 Southwest 8th Street, Suite 2350

Miami, FL 33130 USAFax: +1.305.373.7788 or +1.305.373.5229

Contact us with questions at:+1.786.871.3073 or +1.786.871.3026

[email protected]

Background Verification CheckACAMS reserves the right to conduct a background check, including a criminal records check, on all people wishing to take the CAMS Examination. Candidates may be required to fill out the Background Verification Authorization Form. Examination candidates will receive correspondence from ACAMS regarding the status of their application in the event ACAMS performs a background check.

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Please be advised that for the safety of our members and of our association, all individuals who do not pass this background check will not be allowed to take the CAMS Examination.

Requests for Special Examination AccommodationsACAMS complies with the Americans with Disabilities Act (ADA) and will ensure that individuals with disabilities are not deprived of the opportunity to take the examination solely because of a disability, as required and defined by the relevant provisions of the law. Special testing arrangements may be made for these individuals, provided that an appropriate request for accommodation is submitted by to ACAMS along with the examination application and the request is approved. A special accommodations form is included in this handbook. This form must be signed by an appropriate professional and submitted with the examination application.

If you have been approved for special accommodations, please contact the Special Accommodations Department at 1.800.967.1139 to schedule your examination. If you have not received approval for a reasonable accommodation, please contact ACAMS at [email protected] or +1.786.871.3073.

Reschedule/Cancellation Policy Regarding Your Examination Date

Refunds will not be granted to individuals requesting to withdraw from an examination after registering for the exam. If you wish to change your examination date or time, or cancel your appointment, you must do so at least 72 hours prior to your scheduled examination date. Any exam cancellations or rescheduling anywhere within 72 hours will incur a $100 fee which must be paid directly to ACAMS. You must re-establish eligibility with ACAMS by contacting ACAMS at [email protected] or 305-373-0020, option 7. ACAMS will provide you with additional information about your eligibility.

Examination DayPlan to arrive 30 minutes before the scheduled appointment to allow time for check-in procedures. Candidates who are late in arriving may not be allowed to test. IdentificationBring with you one form of a current and valid government-issued identification, bearing a photograph and a signature. The name on the identification must match the name used for registration.

Acceptable forms of primary identification include:

Driver’s license•State-issued identification card•Military identification •

Items Not PermittedNo electronic devices including:•Telephones•Digital watches•PDA’s•Signaling devices such as pagers and alarms•Calculators •

Purses, bags, and coats are not allowed in the examination room. If you wear a jacket/coat in the examination room, it must be worn at all times. If you do need to store additional items (such as purses, coats, etc), lockers will be provided at no cost.

Examination ProceduresYou will have three and a half hours to complete the examination. Additional time will not be allowed. There are no scheduled breaks during the examination. Candidates must have the permission of the test center proctor to leave the examination room. There is no penalty for guessing. Avoid leaving any questions unanswered to maximize your chances of passing. It is better to guess than to leave a question unanswered.No questions concerning the content of the examination may be asked during the testing period. It is the responsibility of each candidate to read the directions given on the computer based testing screen 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:

If the candidate’s admission to the examination is 1. unauthorized.

If a candidate creates a disturbance, is abusive, or is 2. otherwise uncooperative.

If a candidate gives or receives help, or is suspected of 3. doing so.

If a candidate attempts to remove examination materials or 4. notes from the examination room.

If a candidate is discovered in possession of an electronic 5. communication or recording device.

Integrity of the ExaminationACAMS has taken strict security measures to ensure the integrity of the CAMS examination. These security measures include:

Proctors - There will be examination proctors present before, 1. during, and after the examination to ensure that all rules and regulations are followed.

Video Cameras - There are high-tech video cameras 2. surrounding the examination site of every testing center to ensure that no assistance is given during the examination

Audio - There is a live audio recording of each examination 3. session at every testing center to ensure that no assistance is given during the examination.

*CPR Report (Center Problem Report)If there are any irregularities during the examination process, the proctor at each testing center will fill out a Center Problem Report which records the exact details of the irregular incident.

Inclement WeatherIn the event of inclement weather or unforeseen emergencies on the day of an examination, ACAMS will determine whether circumstances warrant the cancellation, and subsequent rescheduling of an examination. Every attempt will be made to administer all examinations as scheduled. However, should an examination be canceled at a test center, all scheduled candidates will be contacted and receive notification regarding a rescheduled examination date or reapplication instructions.

Report of ResultsCandidates will be able to view their examination results on computer screen immediately after taking the examination and will receive a printout of their score at the proctor station upon exiting. If the test center is unable to provide candidate a copy of the score report printout due to technical problems, a duplicate copy will not be available once the center has closed for the end of that business day. If a candidate is an ACAMS member, they will receive a CAMS Certificate approximately 2-3 weeks after passing the examination.

ConfidentialityAn individual examination score is only released to the candidate. Results will not be given over the telephone, by facsimile, or electronic mail. When an organization pays for an individual’s examination, the organization may request ACAMS to release the examination score to the organization. If a candidate does not want this information to be released to the organization, then the candidate must notify ACAMS in writing. ACAMS posts on its websites www.ACAMS.org and www.ACAMS.org/espanol a list of certified members. Individual scores are not posted on the website.

Retaking the ExaminationThe minimum scaled score needed to pass the examination has been set at 75 scaled score units. If a candidate does not pass

the examination, they will have the opportunity to retake the examination.

The candidate can reschedule 48 hours after taking the examination, but must wait at least 2 months before actually retaking the examination.

A candidate who applies for re-examination after one year following the original application must submit the full application, documentation of eligibility, and examination fee. The background check will be repeated.There is no limit to the number of times the examination may be repeated.

To schedule a re-take, the candidate must:

Contact ACAMS at [email protected] or [email protected] or 1. +1.786.871.3073

Pa2. y the examination fee to receive their new Examination ID number: a) $275 for professional members b) $200 for government members c) $375 for non-member

Contact the testing cen3. ter to choose a new examination date. AppealsACAMS provides the appeal mechanism for challenging denial of admission to the examination or revocation of the certificate. It is the responsibility of the individual to initiate the appeal process by written request ACAMS within 30 days of the circumstance leading to the appeal. Please note: Failure of the examination is not a circumstance for review and appeal.

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Candidate Identity Management System (CIMS) Kryterion shall take appropriate organizational and technical measures to protect the personal data and test data provided to it or collected by it, and shall not retain it any longer than permitted in order to perform its services or as required under relevant legislation. Your personal and test data can only be accessed by authorized employees of Kryterion that need to have access to this data in order to be able to fulfill their given duties.

Kryterion shall take appropriate technical measures to protect the confidentiality of the test content, with due observance of the applicable obligations and exceptions under the relevant legislation.

Through its websites, Kryterion offers online test creation and high-stakes test delivery system to its clients using its Webassessor™ product.

What Information Does Kryterion Collect?Kryterion may gather and process information about

you, including (but not limited to) information in thefollowing categories: a. Identification data (name, address, telephone, email ad-dress etc.);b. Profile information (e.g. age, sex, country of residence etc.) (THIS DOES NOT INCLUDE YOUR USER PROFILE - please see article 6 of this Privacy Statement)c. Banking and payment information (credit card information, account number, etc.);d. Survey result and usage information;e. Products or services ordered and delivered;f. Video and sound recordings;g. Test data (data processed for the purpose of providing on-line testing or the billing thereof, including, but not limited to, the duration of the test.)

How Does Kryterion Use this Information and for what Purpose?Our primary purpose in collecting information is toprovide you with a safe, smooth, efficient, andcustomized experience. Kryterion collects and processes personal data relating to you, as permitted or necessaryto: a. Provide testing services by means of the KryterionWebassessor™ software; b. Provide other services for you (as described when wecollect the information);c. Provide you with customer support and troubleshoot-ing roblems;

d. Compare information for accuracy; verify your identity;e. Customize, measure, and improve Kryterion software,our products and websites content and layout; f. Provide eCommerce services provide and invoice certain services for Webassessor™services protect your, Kryterion’s interests, including in particu-lar to enforce our Terms of Service and fight against fraud,

How Long is Your Personal Data Kept by Kryterion? Kryterion and, where relevant, the Kryterion groupentities will retain your information for as long asis necessary to: (1) fulfill any of the Purposes (as definedin article 3 of this Privacy Statement) or (2) complywith applicable legislation, regulatory requests andrelevant orders from competent courts. (c) Kryterion - Last revised: January, 2008

To Whom Does Kryterion Transfer Your Personal Information?Kryterion shall not sell, rent, trade or otherwise transferany personal and/or test data to any third party withoutyour explicit permission, unless it is obliged to do sounder applicable laws or by order of the competentauthorities.

Please be informed that, notwithstanding theabovementioned, in the event of a designated authoritlawfully requesting Kryterion to retain and providepersonal data, or test data, Kryterion will provide allreasonable assistance and information to fulfill thisrequest.

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Membership Category (please check one) 1 year 2 years 3 years

Private rate (for individuals who work in the private sector) $265 $475 $675

Public rate (for full-time government employees) $175 $315 $445

Contact Information (Fields with * are required)

Prefix Mr. Mrs. Ms. First Name* Middle Initial

Last Name/Surname* Company/Institution*

Title* Department/Unit*

Mailing Address 1 (No P. O. Boxes, please)*

City* State/Province Zip/Postal Code* Country*

Phone* Fax* Email*

AC AMS MEMBERSHIP APPLIC ATIoN

Payment Method Credit Card � (please circle one)

Mastercard Visa American Express Discover Diners Club

Name on Card Card Number

Exp. Date CVV Code Signature Cardholder The CVV (Credit Verification Value) code

is usually a 3-digit code located on the back of your card, inside the signature area. On AMEX cards, it is a 4-digit code located on the front above the account number. Orders without the CVV code will cause processing delays. Visit http://www.acams.org/policies.aspx for our cancellation/refund policy.

� Please bill me (If needed, your corporate purchase order number)

Check enclosed, made payable to ACAMS �

� Send wire transfer to: Comerica Bank San Jose, CA Routing number: 121137522 Account number: 1894064128 SWIFT Code: MNBDUS33

As a member of ACAMS, I agree that I do now and will at all times abide by and act in compliance with the Membership Standards and Bylaws of the Association of Certified Anti-Money Laundering Specialists, Inc. (www.ACAMS.org).

Signature Date: Day/Month/Year

Your membership card(s) will be sent within two weeks of receiving this application and payment - thank you!

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Read the Candidate Handbook in its entirety before completing this application. Please complete all sections of this application. Submit the completed application, all supporting documents and the examination fee by the application deadline to ACAMS at Brickell Bayview Center, 80 Southwest 8th Street, Suite 2350, Miami, FL 33130 USA, fax +1.305.373.7788 or +1.305.373.5229.

Please indicate in which language you prefer to take the Examination. (please circle one)

English Spanish Arabic

Examination Information / Fees To request Special Examination Accommodations, complete the form included in this handbook.

Payment may be made by credit card, personal check, cashier’s check, money order or wire transfer. Checks must be made payable to ACAMS.

Package Pricing/Examination Fee:

ACAMS Members - Private rate (for individuals who work in the private sector) $ 1,195

ACAMS Members - Public rate (for full-time government employees) $ 995

Non Members $ 1,595*

*Go to the previous page to fill out the membership application and join today! By becoming a member and purchasing an exam package, you still save at least $165 than by simply purchasing the examination package by itself.

Personal Information (please print using black or blue ink)

Name: ________________________________________________________________________________ ACAMS Member Number: _____________________________________ (As you want it to appear on your certificate)

Company/Organization Name: _____________________________________________________________ Title: _____________________________________________________

Street Address: ________________________________________________________________________________________________________________________________________

City: ______________________________ State/Province: ____________________ Zip Code/Postal Code: _______________ Country: ____________________

Social Security/Passport Number: ___________________________ E-mail Address: _____________________________________________________________________

Daytime EveningTelephone Number: _________________________ Telephone Number: _________________________ Fax Number; ______________________________________

Your CAMS certificate will be mailed to the address listed above. Please notify ACAMS as soon as possible if this information changes. If you would like your CAMS certificate to be mailed to a different address, please list it here.

Title: _____________________________________________________ Street Address: ___________________________________________________________________

City: ______________________________ State/Province: ____________________ Zip Code/Postal Code: _______________ Country: ____________________

E-mail Address: __________________________________________________________ E-mail Address: __________________________________________________ (business) (home)

CAMS Examination Application

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2010 Preparation Seminar Preference (please check one)

o Online o On-site (locations listed on acams.org) o On-site/Undecided date and location

Onsite, (please indicate your choice if applicable): o ______________________________________

Payment Method

o Bill my company (important: the fee must be received by ACAMS before the examination application deadline)

o Check payable to ACAMS

o Wire transfer to: Comerica Bank San Jose, CA

Routing number: 121137522 Account number: 1894064128 SWIFT Code: MNBDUS33

o Credit Card (please circle one)

Visa MasterCard American Express Discover Diners Club

I agree to pay the above amount according to card issuer agreement.

Cardholder’s Name: ______________________________________

Card Number: ___________________________________________ Expiration Date: ____________________

CVV2 Card Code: ____________(3-digit code found on the back of your VISA/Mastercard or 4-digit code found on the front of your American Express card)

Signature: _______________________________________

I already paid ACAMS on (date) _____________________

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EligibilityCandidates wishing to take the CAMS Examination must have a minimum of 40 qualifying credits based on education, other professional certification, and professional experience in the anti-money laundering field, in addition to providing 3 references. The following table represents the ACAMS credit award system for examination eligibility:

I EDUCATIoN

*Select highest level of educationAssociate Degree 10 credits _________Bachelor’s Degree 20 credits _________Masters Degree/PhD/JD or Equivalent 30 credits _________Supporting documentation must accompany information submitted.

II PRoFESSIoNAL EXPERIENCE

Each year of full-time experience in anti-money laundering or related duties in a financial institution. Limited to the past 3 years of experience. (**complete the Professional Experience Section on the next page)

10 credits/year _________

III TRAINING

Professional Certification (Financial Related) - (CPA, CPP, CRCM, CFE, CPE, CIA, CA/AML, NASD Series, etc.)**** Any certification program must include a minimum of eight (8) hours of instruction and a certification exam. (***provide copies of certificate(s) and proof of valid membership in good standing)

10 credits/certification _________

**** Please note, these points are in recognition of the AML/Financial Fraud portion of the NASD certification training. As such, you will only earn a maximum of 10 points regardless of the number of NASD licenses you possess.

Attendance at a course/seminar/web seminar/conference/educational and or training session on the topic of money laundering control and/or related subjects – (Includes internal and external training, training by a government agency, completion of the American Bankers Association Compliance or Graduate School or your country’s equivalent.)(***provide copy of certificate(s) of attendance or receipt of payment from entity conducting training)

1 credit per hour _________

Short on training credits? Visit www.ACAMS.org/AMLTraining

Your Total # of Credits _________ (at least 40 are required)

*only one degree may be used toward the 40 qualifying points for the CAMS examination.

**The Professional Experience Section may be found on the next page.

***Supporting documentation (if necessary accompanied by a translation in English) must accompany information submitted to meet minimum point criteria in order to sit for the CAMS Examination (i.e., copies of degree, certificates of completion). Please submit all required documentation with your completed application and fee.

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*** PROFESSIONAL EXPERIENCE SECTION: TO BE FILLED IN ONLY FOR THOSE CANDIDATES WHO CLAIMCREDITS FOR EACH YEAR OF PROFESSIONAL EXPERIENCE IN THE AML FIELD:(Use space provided and attach additional pages if necessary.)

Dates of Employment: From __________ (Mo./Yr.) to __________ (Mo./Yr.)

Name of Employer: _____________________________________________________________________________________________

Address: ______________________________________________________________________________ Country: ______________

Position/Title/Rank: _______________________________________________________ Total Months in this Assignment: _______

Name & Title of Immediate Supervisor: _____________________________________________________________________________Business Telephone of Immediate Supervisor: _________________________________No. Personnel at All Locations Under Your Supervision: __________________________Major Product or Service of This Employer:____________________________________Summary of Work Assignment (Do not use this space merely to refer to an attachment):_________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________


Name of Employer: _____________________________________________________________________________________________

Address: ______________________________________________________________________________ Country: ______________


Name & Title of Immediate Supervisor: _____________________________________________________________________________

Business Telephone of Immediate Supervisor: _________________________________

No. Personnel at All Locations Under Your Supervision: __________________________

Major Product or Service of This Employer:____________________________________

Summary of Work Assignment (Do not use this space merely to refer to an attachment):_____________________________________________________________________________________________________________

_____________________________________________________________________________________________________________

_____________________________________________________________________________________________________________

_____________________________________________________________________________________________________________

_____________________________________________________________________________________________________________


Name of Employer: _____________________________________________________________________________________________

Address: ______________________________________________________________________________ Country: ______________


Name & Title of Immediate Supervisor: _____________________________________________________________________________

Business Telephone of Immediate Supervisor: _________________________________

No. Personnel at All Locations Under Your Supervision: __________________________

Major Product or Service of This Employer:____________________________________

Summary of Work Assignment (Do not use this space merely to refer to an attachment):_________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

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Professional References (Required for all candidates)Professional references must be individuals who have knowledge of your AML expertise and/or current position and the degree of responsibility held in the performance of your job. You should not use anyone as a reference who falls under your supervision. Do not use your own relatives, or members of the ACAMS staff as references. (Please note: all 3 references are REQUIRED.)

Name & Title: ____________________________________________________________________________________________

Professional Relationship: __________________________________________________________________________________

Company Name: _________________________________________________________________________________________

Country/State/City/Province: ________________________________________________________________________________

Telephone:________________________________ Home Business (select one) How long known: _______________

ACAMS Member: Yes No

Certified Anti-Money Laundering Specialist® (CAMS): Yes No

E-mail: _________________________________________________________________________________________________

Name & Title: ____________________________________________________________________________________________


Company Name: _________________________________________________________________________________________





E-mail: _________________________________________________________________________________________________

Name & Title: ____________________________________________________________________________________________


Company Name: _________________________________________________________________________________________





E-mail: _________________________________________________________________________________________________

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Mail or fax completed application AND supporting documentation (copies of diplomas etc.) to demonstrate the 40 credits to:

ACAMSAttn. Certification DepartmentBrickell Bayview Center80 Southwest 8th Street, Suite 2350Miami, FL 33130 USAFax: +1.305.373.7788 or +1.305.373.5229

Signature

I certify that I have read all portions of the Candidate Handbook and application. I certify that the information submitted in this application is complete and correct to the best of my knowledge and belief. I understand that, if the information I have submitted is found to be incomplete or inaccurate, my application may be rejected, my examination results may be delayed or voided, not released, or invalidated by ACAMS, or if already certified, the “Certified Anti-Money Laundering Specialist®” designation may be revoked.

I certify that I have never been convicted of a crime (or in a military service convicted by a general court martial) and that there is no criminal charge now pending against me. I certify that I have never had a professional membership, license, registration or certification denied, suspended or revoked (other than for lack of minimum qualifications or failure of examination), and that I have never been censured or disciplined by any professional body or organization.

I understand that approval of my application is contingent upon the results of a possible investigation of the truthfulness and accuracy of all information I have provided. I authorize ACAMS, Kryterion and its agents to discuss the results of such a review with all persons involved in the certification process. I give consent for all contacted persons to provide information concerning me and/or my application, and I release each such person from liability for providing information to ACAMS, Kryterion and its agents. I understand that any false or misleading statement, misrepresentation, or concealment or material omission of the information I have provided or failed to provide on my application and attachments may be grounds for rejection of my application.

Signature: _______________________________________________________________ Date: ____________________________________

CAMS Exam Checklist – Did You Remember ...

To complete the eligibility table? � (Candidates wishing to sit for the CAMS Examination must have a minimum of 40 qualifying points)

To include supporting documentation, such as copies of diplomas? �To order official college transcripts, if required? �To complete the professional experience section? �

(Only for candidates who claim credits for each year of professional experience within the anti- money laundering field)

To include payment with application? �

To include 3 professional references? �To include your signature and date on the application? �

QUESTIONS?

Call: +1.786.871.3073 or +1.786.871.3026

E-mail: [email protected]

Visit: www.ACAMS.org or www.ACAMS.org/espanol

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REQUEST FOR SPECIAL EXAMINATION ACCOMMODATIONS FORM – PART IIf you have a disability covered by the Americans with Disabilities Act, please complete this form and the Documentation of Disability-Related Needs so your accommodations for testing can be processed efficiently. The information you provide and any documentation regarding your disability and your need for accommodation in testing will be treated with strict confidentiality.

CANDIDATE INFORMATIONName: Organization:

Address:

City: State: Country: Zip Code:

Phone: Email:

SPECIAL ACCOMMODATIONSPlease describe your disability:

Please provide (check all that apply):

Special seating or other physical accommodation �

Large Text/Magnified screen for examination �

Reader �

Extended examination time �

Separate testing area �

Other special accommodations (Please specify) �

Comments:

Signed: Date:

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REQUEST FOR SPECIAL EXAMINATION ACCOMMODATIONS FORM – PART II

DOCUMENTATION OF DISABILITY-RELATED NEEDS

Please have this section completed by an appropriate professional (education professional, physician, psychologist, psychiatrist) to ensure that Kryterion is able to provide the required test accommodations.

Professional Documentation

I have known since / / in my capacity as a

Examination Candidate Date

.

Professional Title

The candidate discussed with me the nature of the examination to be administered. It is my opinion that, because of this candidate’s disability described below, he/she should be accommodated by providing the special arrangements listed on Part I of this form.

Description of disability:

Signed: Title:

Printed Name:

Address:

Telephone Number: Fax Number:

Date:

License# (if applicable):

Return this form with your examination application and fee to:ACAMS

Attn. Certification DepartmentBrickell Bayview Center

80 Southwest 8th Street, Suite 2350Miami, FL 33130 USA

Fax: +1.305.373.7788 or +1.305.373.5229

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Sample Questions

1. According to the Wolfsberg Global AML Guidelines for Private Banking, as revised in May 2002, numbered accounts

should only be accepted for high net worth clients.A.

should only be accepted if the bank has B. established the identity of the client and the beneficial owner.

are not accepted, and must be closed.C.

can be kept open if the account already exists, D. but new accounts are no longer permitted.

2. ABC Brokerage Company purchased and sold stocks for investors throughout the country. A new customer from a FATF non-cooperative country established an account with an extremely large amount of money. The money was deposited from a check written by XYZ Company, a company not known to ABC. Within a day, ABC Company was instructed to purchase a large number of shares in a company with a poor financial history. The broker was going to receive a hefty commission, but still told the customer about the risks involved in the stock purchase. Which of the following facts should trigger an anti-money laundering specialist to determine whether there is possible illegal activity?

The large amount of money used to open the account.1.

The check written by an unknown company.2.

The purchase request of the weak stock in spite3. of risks.

The broker’s hefty commission.4.

A. 1 and 2 onlyB. 1 and 4 onlyC. 2 and 3 onlyD. 3 and 4 only

3. Which of the following statements are true?

FATF member countries are countries associated with terrorism activities.A.

FATF 40 Recommendations mandate that B. financial institutions must comply with the laws and regulations of the country from which the financial transaction is originated.

FATF members are in full compliance with the C. 40 Recommendations.

The FATF 40 Recommendations were first D. issued in 1990.

21

Answers

1. B

2. C

3. D

After passing the CAMS exam, one must also be an active member of our organization to maintain, use and display the CAMS credential. If you are not currently a member, you may fill out and submit the Membership Application

on the following two (2) pages along with your CAMS Examination Application.

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