Overview of the Certified Anti-Money Laundering Specialist (the 7th edition) Exam
The CAMS certification targets financial intelligence units, compliance officers, and risk analysts by emphasizing the operational implementation of AML/CTF regulatory frameworks, including the FATF 40 Recommendations and the USA PATRIOT Act. Candidates must master transactional monitoring systems, suspicious activity report (SAR) filing protocols, and enhanced due diligence (EDD) methodologies. The curriculum integrates technical proficiency in Know Your Customer (KYC) identity verification workflows, sanctions screening algorithms, and blockchain forensics tools for crypto-asset tracing. Practitioners apply these technical controls to evaluate institutional money laundering vulnerabilities, manage enterprise-wide risk assessments, and maintain rigorous audit trails essential for regulatory reporting within global banking architectures.