Certified Anti-Money Laundering Specialist (CAMS)

The Most Globally Reputable Certification in Anti-Money Laundering Compliance

5 Found
Date Duration Venue Fees
23-27 Oct 2023 5 Days Dubai - UAE US$3,450 Register
25-29 Dec 2023 5 Days London - UK US$4,450 Register
06-10 May 2024 5 Days Dubai - UAE US$4,450 Register
15-19 Jul 2024 5 Days Dubai - UAE US$4,450 Register
21-25 Oct 2024 5 Days Dubai - UAE US$4,450 Register
23-27 Dec 2024 5 Days London - UK US$5,450 Register

Course Overview

Due to the increasing complexity of the law, the demand for AML/CFT professionals is increasing daily. Since the spread of COVID-19, the nature of financial transactions has changed fundamentally. Face-to-face transactions and user convenience have improved, as have virtual money laundering, online fraud, and obfuscation of genuine beneficiaries. Additionally, businesses will have to adopt entirely new types of technology, such as e-KYC, machine learning, and automated risk assessment. In the fields of combating money laundering and combating the financing of terrorism, innovations are rapidly being developed to increase efficiency. At the same time, the organisation needs more money laundering experts to understand these challenges. Therefore, the demand for anti-money laundering professionals will continue to grow.

This 5-day interactive Certified Anti-Money Laundering Specialist training course educates the participants on the risks and methods associated with money laundering and terrorist financing, as well as compliance standards and sanctions compliance programs. Combat, enforce and support donations—investigation procedure. Once certified, individuals with CAMS certifications pursue careers in the public and private sectors. Given the financial sector’s role in preventing money laundering, many credential holders work in financial services. Accounting firms such as the “Big Four” also value individuals with CAMS certifications, especially when it comes to forensic accounting work.

Course Objectives

Financial crime has been a hot topic lately, and compliance has been in the spotlight. The Certified Anti-Money Laundering Specialist (CAMS) training course is an established global credential that outlines the key principles of money laundering and prevention. Individuals and teams can become certified anti-money laundering specialists in as little as four months.

After the training course, the participant will learn to:

  • Demonstrate a commitment to a standardized, risk-based approach
  • Know how to do good due diligence
  • Foster a culture of compliance from the top down
  • Understand how to meet the mandatory AML training requirements
  • Reward and retain top talent
  • Protect your company more effectively from financial and reputational damage.
  • Successful transaction monitoring
  • Integration into international mechanisms to combat financial crime

Target Audience

This training for compliance specialists is designed to broaden and deepen your knowledge of key regulatory risks such as financial crime, economic sanctions, and corruption.

It is suitable for a wide range of working professionals, including (but not limited to) the following: 

  • Anti-Money Laundering Officers
  • Money Laundering Reporting Officer (MLRO)
  • Compliance Officer/Manager
  • AML Compliance Staff Members
  • Compliance Analyst
  • Auditors
  • Audit Managers
  • Risk Managers
  • Quality Assurance Managers
  • Cyber Security Officers

Training Methodology

This training course builds on instruction on the latest developments in the fight against financial crime. It includes real-life case studies, video adaptations, self-assessments, participatory discussions, and a wealth of information to make the course an exciting and enriching learning experience with combinations of many exercises.

Course Outline

Day One

Risks and Methods of Money Laundering and Terrorist Financing

  • What is Money Laundering?
  • The Cycle of Money Laundering
  • The Economic and Social Consequences of Money Laundering
  • The Methods of Money Laundering
  • Non-Financial Businesses & Professions
  • Trade-Based Money Laundering
  • Informal Value Transfer Systems
  • New Payment Methods & Corporate Vehicles
  • Terrorist Financing & Money Laundering
Day Two

International Anti-Money Laundering (AML) Standards

  • Financial Action Task Force – FATF
  • 40 Recommendations of FATF
  • Regional FATF Style Bodies
  • The Basel Committee
  • Customer Due Diligence for Banks
  • Consolidated KYC Risk Management
  • The Wolfsberg Group
Day Three

International Anti-Money Laundering (AML) Standards

  • Wolfsberg AML Principles on Private Banking
  • Wolfsberg AML Principles for Correspondent Banking
  • Egmont Group
  • 3rd & 4th EU Directives
  • Key US PATRIOT Act Sections
  • Office of Foreign Assets Control – OFAC
Day Four

AML/CFT Compliance Programs

  • The Basic Elements of an AML/CFT Compliance Program
  • Compliance Culture
  • CDD & Beneficial Ownership
  • Transaction Monitoring and Reporting
  • AML/CFT Program Objectives
  • A Risk-Based Approach
  • Products and Services
  • Geography
Day Five

Conducting and Supporting Investigations

  • Common Investigation Initiators
  • Responding to a Law Enforcement Investigation
  • Subpoenas
  • Search Warrants
  • Internal Investigations
  • Investigations Initiated by Law Enforcement
  • International Cooperation of FATF
  • Financial Intelligence Units (FIU)


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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