Table of Contents - ACAMSfiles.acams.org/pdfs/ACAMS_handbook_Apr_07.pdfTable of Contents Contact Information ... – Banks, trust companies ... The CAMS Examination is designed to

About ACAMS® . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I Who should join? . . . . . . . . . . . . . . . . . . . . . . . . . . . . I

About This Handbook . . . . . . . . . . . . . . . . . . . . . . . . . . II

About the CAMS Examination . . . . . . . . . . . . . . . . . . . II

Testing Agency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . II

Eligibility Requirements and ACAMS Membership . . . . II

Statement of Nondiscrimination . . . . . . . . . . . . . . . . . . II

2007 CAMS Examination Paper & Pencil Schedule . . III

2007 Examination Preparation Seminar Schedule . . . . IV

Examination Eligibility . . . . . . . . . . . . . . . . . . . . . . . . . . V

Examination Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . VI

How to Apply . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . VI

Background Verification Check . . . . . . . . . . . . . . . . . . . VI

Inquiring About Your Application . . . . . . . . . . . . . . . . . . VI

Requests for Special Examination Accommodations . . VI

Reschedule/Cancel Policy . . . . . . . . . . . . . . . . . . . . . . . VI

Scheduling Online . . . . . . . . . . . . . . . . . . . . . . . . . . . VII

What to Bring to the Test Center . . . . . . . . . . . . . . . . VII

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

Examination Procedures . . . . . . . . . . . . . . . . . . . . . . . VII

Items Not Permitted . . . . . . . . . . . . . . . . . . . . . . . . . . VII

Integrity of the Examination . . . . . . . . . . . . . . . . . . . . VII

Inclement Weather . . . . . . . . . . . . . . . . . . . . . . . . . . . VII

Report of Results . . . . . . . . . . . . . . . . . . . . . . . . . . . . VIII

Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . VIII

Re-Examination . . . . . . . . . . . . . . . . . . . . . . . . . . . . VIII

Appeals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . VIII

General Examination Preparation . . . . . . . . . . . . . . . . VIII

Examination Content . . . . . . . . . . . . . . . . . . . . . . . . . . . IX

Sample Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . IX

ACAMS Detailed Content Outline . . . . . . . . . . . . . . . . . X

Answer to Sample Questions . . . . . . . . . . . . . . . . . .XV

ACAMS Membership Application . . . . . . . . . . . . . . . .XVI

CAMS® Examination Application . . . . . . . . . . . . . . . . . . 1

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Copyright © 2007, Association of Certified Anti-Money Laundering Specialists®.

Table of Contents

Contact Information

For information about your examination application or your examination, please contact ACAMS at Brickell Bayview Center, 80 Southwest 8th Street, Suite 2350, Miami, FL 33130, Tel . +1-305-373-0020 or +1-866-459-CAMS (toll free), fax +1-305-373-7788 or +1-305-373-5229, or via info@ACAMS .org .

3/07

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About ACAMSThe number of people who devote their careers to the detection and control of money laundering are growing around the world and will continue to grow as the expectations of their organizations, and of the governments that enforce the laws, increase . The 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 .

ACAMS endeavors to advance the detection and prevention of money laundering by supporting the professional development of persons in the private and public sectors who lead those efforts .

ACAMS provides high quality, industry-relevant member education and benefits .

Guided by an Advisory Board of distinguished experts, ACAMS is dedicated to providing its members with top quality education and career development programs, information exchange and peer networking that advance their skills . Through professional certification, ACAMS members will stand out as leaders in the field .

To achieve this goal, ACAMS:

Provides a certification and re-certification program for anti-money laundering practitioners based on professional competence, knowledge, ethics, study and experience .

Advances standards of ethics and professional practice .

Enhances collegial and professional relationships among members and with members of other professional organizations .

Enhances public awareness of the Association and of the benefits that its members bring to their organizations and sectors .

Who should jo�n?Any individual with an active interest in the prevention and detection of money laundering should join ACAMS . They include people who have responsibility for preventing money laundering in:

– Banks, trust companies– Money remittance companies– Credit unions– Securities dealers– Insurance companies– Casinos– Notaries– Government agencies– Law firms– Accounting firms– Consulting companies

Since February of 2002, professionals have joined ACAMS from countries around the globe . They include bankers in Switzerland, United States, Bermuda, Cayman Islands, Colombia, Russia and Saudi Arabia; Special Agents of the United States Internal Revenue Service (IRS), Customs Service, and the U .S . Drug Enforcement Agency (DEA); risk managers in China, money transmitters throughout Latin America and U .S .; bank examiners from several countries, broker-dealers in London and New York, insurance fund directors in Tanzania, and compliance officers from more than 90 countries . About 100 new members join ACAMS every month .

For more information about ACAMS, please visit www .ACAMS .org or www .ACAMS .org/espanol .

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About This HandbookThis handbook provides information that you will need to register for the Cert�f�ed Ant�-Money Launder�ng Spec�al�sts® (CAMS) Exam�nat�on, including eligibility requirements, examination policies, an examination content outline and an examination application . Be sure to keep the handbook unt�l after you have taken the exam�nat�on; you may w�sh to refer to �t later.

About the CAMS ExaminationThe CAMS Examination is designed to test a well-defined body of knowledge representative of professional practice in the discipline . Successful completion of a certification examination verifies broad-based knowledge in the discipline being tested .

The content of the CAMS Examination has been defined by an international role-delineation study . The study involved surveying practitioners in the field to identify tasks that were performed routinely and considered important to competent practice . The examination was developed through a combined effort of qualified subject-matter experts and testing professionals who constructed the examination in accordance with the CAMS Examination content outline .

Testing AgencyACAMS has contracted with Prometric to assist in the administration, scoring and analysis of its examination . Prometric services also include reporting of scores to candidates who take the examination . This ensures a standardized process free from bias .

The CAMS Examination consists of 120 multiple-choice questions . Each question consists of a stimulus with four response alternatives (A, B, C, D), with one of those being the correct response . Candidates are permitted three and a half hours to complete the examination . Those who meet the eligibility requirements and achieve a passing score will be awarded the designation of Cert�f�ed Ant�-Money Launder�ng Spec�al�st® or CAMS .

This handbook provides specific information related to the CAMS Examination . To apply for the examination, complete the application included with this handbook and mail it to the address provided . This handbook and application can also be printed from www.ACAMS.org or www.ACAMS.org/espanol .

Eligibility Requirements and ACAMS MembershipCandidates wishing to sit for the CAMS Examination must 1) document a minimum of 20 qualifying points based on education, other professional certification and professional experience in the field, 2) submit supporting documents, and 3) provide three professional references . The table on page 5 represents the ACAMS Credit Award System for examination eligibility . The table also appears in the application which you will be asked to complete . Cand�dates who pass the CAMS Exam�nat�on also must be act�ve ACAMS members to ma�nta�n, use and d�splay the CAMS credent�al.

*The ACAMS Membership application is solely for membership purposes . The CAMS Exam application is the only authorized application that can be submitted for exam candidacy . To apply for membership, please visit www .ACAMS .org or www .ACAMS .org/espanol .

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

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2007 Paper and Pencil Examination Dates and Application Deadline

Exam�nat�on Date Locat�on Appl�cat�on Deadl�ne

Sunday, October 7, 2007 Grand Cayman, Cayman Islands August 24, 2007

This examination schedule is subject to change . For the latest update on the examination schedule, visit www .ACAMS .org .

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2007 CAMS Examination Preparation Seminar Schedule Date Locat�on

August 3, 2007 New York, NY, United States

August 10, 2007 Washington, D .C ., United States

August 10, 2007 Bogota, Colombia

August 27, 2007 Toronto, Canada

September 6, 2007 Dubai, U .A .E .

September 21, 2007 Singapore, Singapore

September 23, 2007 Las Vegas, NV, United States

October 6, 2007 Grand Cayman, Cayman Islands

October 12, 2007 Miami, FL, United States

October 26, 2007 New York, NY, United States

November 2, 2007 Panama City, Panama Conducted in Spanish

November 6, 2007 Amsterdam, The Netherlands

December 8, 2007 Dubai, U .A .E .

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Examination EligibilityCandidates wishing to take the CAMS Examination must have a minimum of 20 qualifying points 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:

� EDUCAT�ON

*Select highest level of education Assoc�ate Degree 5 po�nts _________ Bachelor’s Degree 10 po�nts _________ Masters Degree/PhD/JD or Equ�valent 15 po�nts _________ *Supporting documentation must accompany information submitted .

�� PROFESS�ONAL EXPER�ENCE

Each year of full-time experience in anti-money laundering or related duties 5 po�nts/year _________ (**complete the Professional Experience Section of the exam application)

�� TRA�N�NG

Professional Certification (Financial Related) - (CPA, CPP, CRCM, CFE, CPE, NASD Series, etc .) (The 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) 5 po�nts/cert�f�cat�on _________

Attendance at a course/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 po�nt per half day of attendance _________

Attendance at a webcast/ e-learning course/telephone briefing of 1 hour or more in length on the subject of money laundering control and/or related subjects (includes CD-ROM’s) (***provide statement or certificate of attendance)

1 po�nt each _________

�V OTHER

Testimony in a court as an expert witness on money laundering control and/or related topics(***provide statement indicating case number(s), case caption and judicial district) 5 po�nts _________

Participation as a delegate to an international body (i .e . FATF, CFATF, etc) on the subject of money laundering control and/or related topics . (***provide statement confirming participation, indicating dates and country represented)

5 po�nts _________

Authorship of a published article or booklet on the subject of money laundering and/or related topics

1 po�nt eaach _________

Service as an instructor, speaker, panelist or moderator at a conference, workshop, seminar, symposium, educational and/or training session on the subject of money laundering control and/or related topics

1 po�nt per 1/2 day of �nstruct�on or 1/4 po�nt per hour of �nstruct�on _________

Your Total # of Cred�ts _________ at least 20 are required

*Only one degree may be used toward the 20 qual�fy�ng po�nts for the CAMS exam�nat�on.

**The Profess�onal Exper�ence Sect�on may be found on page 3 of the CAMS Exam�nat�on Appl�cat�on, wh�ch follows th�s El�g�b�l�ty Page.

***Support�ng documentat�on (�f necessary accompan�ed by a translat�on �n Engl�sh) must accompany �nformat�on subm�tted to meet m�n�mum po�nt cr�ter�a �n order to s�t for the CAMS Exam�nat�on (�.e., cop�es of degree, cert�f�cates of complet�on). Please subm�t all requ�red documentat�on w�th your completed appl�cat�on and fee.

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Examination FeesCandidates must submit the appropriate fee, with a complete exam�nat�on appl�cat�on. Payment may be made by credit card, personal check, cashier’s check, money order or wire transfer . Checks should be made payable to ACAMS .

Exam�nat�on Fee: ACAMS Members – private sector $550ACAMS Members – public sector $400Non Members $750

All fees must be received by ACAMS with the application . Applications that are incomplete, received late, or without the proper supporting documentation and/or fee will not be processed until complete . You will be notified of missing documents and any outstanding fees . Prices are subject to change .

Declined credit cards and/or returned checks are subject to a $25 penalty . Repayment of a declined credit card/returned check and the penalty must be made with a cashier’s check or money order . Applicants are not permitted to take the examination until all fees have been paid in full .

How to ApplyTo apply for the CAMS Examination, complete the appli-cation 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 Coordinator

Brickell Bayview Center80 Southwest 8th Street, Suite 2350

Miami, FL 33130, USAFax: +1-305-373-7788 or +1-305-373-5229

1-866-459-CAMS (toll free)

Background Verification CheckACAMS will conduct a background check, including a criminal records check, on all people wishing to take the CAMS Examination . Candidates are required to fill out the Background Verification Authorization Form included in this handbook and submit it along with their completed application . Examination candidates will receive correspondence from ACAMS regarding the status of their application upon passing the background check .

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.

Inquiring About Your ApplicationIf you submit application materials, but do not hear from ACAMS within one week, please email ACAMS at info@acams .org .

Requests for Special Examination AccommodationsACAMS and Prometric comply 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 accommoda-tion is submitted by to ACAMS along with the examina-tion 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 accommoda-tion, please contact ACAMS at info@acams .org or (305) 373-0020, Option 7 .

Reschedule/Cancel Policy Regarding Your Examination DateRefunds 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 30 days before the day of your scheduled examination using the Reschedule/Cancel option at www .prometric .com/acams, or by calling 1-800-503-8991 . Any cancellations or rescheduling anywhere from 29 to 48 hours prior to your scheduled examination date will incur a $100 fee, which must be paid directly to Prometric online . You must use the Confirmation Number received from Prometric . Only credit cards are accepted for payment .

If you cancel or reschedule within 48 hours of your scheduled appointment you will forfeit your examination fees . You must re-establish eligibility with ACAMS by contacting ACAMS at info@acams .org or 305-373-0020, Option 7 . ACAMS will then charge the following fees:

A . $275 for professional members

B . $200 for government members

C . $375 for non-members

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Scheduling OnlineIn order to schedule online at www .prometric .com/acams, you must provide a valid e-mail address . Prometric will send you an e-mail confirming your appointment . If you do not have an e-mail address, please contact ACAMS at info@acams .org or 305-373-0020, Option 7 .

What to Bring to the Test CenterCandidate must provide one form of a current and valid government-issued identification, bearing a photograph and a signature . Acceptable forms of primary identification include: driver’s license, state-issued identification card, or military identification . The name on the identification must match the name used for registration .

What Time to Arrive at the Test CenterPlan 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 .

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:

1 . If the candidate’s admission to the examination 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 examination room

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

Items Not Permitted1 . No electronic devices are permitted in the examination

room, including telephones, digital watches, PDA’s or signaling devices such as pagers and alarms . Calculators are not permitted in the examination room . Examination questions are designed so that computations can be completed without a calculator within the time permitted .

2 . 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 .

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

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

*Fingerprinting - Fingerprints will be taken upon entry to the testing center, as well as before and after any restroom breaks .

*Video Cameras - There are high-tech video cameras 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 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 and Prometric 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 .

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Report of ResultsCandidates will be able to view their examination results on computer screen immediately after taking the examination . Final score results will automatically print at the proctor station . Upon exiting the testing room, candidate will receive a printout of their score . If a candidate is an ACAMS member, they will receive a CAMS Certificate as well as their Certification Kit 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 .

Re-ExaminationRetaking the Examination

If a candidate does not pass the examination, they will have the opportunity to retake the examination . The candidate must contact ACAMS at info@acams .org or 305-373-0020, Option 7 to pay the examination fee and to receive their new Examination ID number .

The Examination Retake fees are:

A . $275 for professional members

B . $200 for government members

C . $375 for non-members

After paying the examination fee and receiving a new Examination ID number, candidates contact Prometric testing center online at www .prometric .com/acams or 1-800-503-8991 to choose a new examination date . The candidate can reschedule 48 hours after taking the examination, but must wait at least 2 months before actually retaking the examination .

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 .

If a candidate fails the examination, they will be able to take the examination again . There is no limit to the number of times the examination may be repeated . ACAMS: 305-373-0020 Option 7, or info@ACAMS .org

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 .

AppealsACAMS provides the appeal mechanism for challenging denial of admission to the examination or revocation of the certificate . Failure of the examination is not a circumstance for review and appeal . 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 .

General Examination PreparationThe study and test-taking advice described here may be helpful as you prepare for the examination . Try to be objective about yourself and your individual learning needs when you are deciding how best to proceed with your study .

Determine how you study best . Some individuals learn best by hearing the information, while others need to see it written or illustrated, and still others prefer to discuss material with colleagues . A combination of these alternatives can often produce the most effective study pattern .

The CAMS Exam�nat�on Preparat�on Gu�de is a professionally developed study guide covering content areas on the CAMS Examination . Included is the chapter “Study and Test Taking Tips and Techniques” to further assist you in the preparation process .

To order the CAMS Exam�nat�on Preparat�on Gu�de, contact ACAMS at +1-305-373-0020, www .ACAMS .org or www .ACAMS .org/espanol, or order online at http://acams .org/amlstore/ .

For information on examination preparation seminars and other material offered by ACAMS, please visit the ACAMS website www .ACAMS .org or www .ACAMS .org/espanol .

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Examination ContentTo begin your preparation in an informed and organized manner, you should know what to expect in terms of examination content . Information regarding the content of the examination is presented in this handbook . The content outline will give you a general impression of the examination and, with closer inspection, can give you specific study direction by revealing the relative importance given to each category on the examination .

The content of the examination is directly linked to job analysis results that identified activities performed by anti-money laundering specialists . Only those activities that were judged by anti-money laundering specialists to be critical to practice are included on the examination content outline . Each question on the examination is linked to the examination content outline and is categorized according to the level of complexity or the cognitive level that a specialist would typically use to respond . The following types of questions are included:

Recall: The ability to recall or recognize specific information .

Appl�cat�on: The ability to comprehend, relate, or apply knowledge to new or changing situations .

Analys�s: The ability to analyze and synthesize information, determine solutions, and/or evaluate the usefulness of a solution .

The following outline gives candidates an overview of the topics included in the examination, along with the number of questions included for each topic .

Sample Questions

The following three sample questions are provided to give candidates some idea of the format for the multiple-choice examination:

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

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

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

C . are not accepted, and must be closed .D . can be kept open if the account already exists,

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?

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

2 . The check written by an unknown company .3 . The purchase request of the weak stock in

spite of risks .4 . The broker’s hefty commission .

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?

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

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

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

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

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© 2007 ACAMS. All rights reserved.

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X�V


XVXV

Answers

1 . B

2 . C

3 . D

After pass�ng the CAMS exam, one must also be an act�ve member of our organ�zat�on to ma�nta�n, use and d�splay the CAMS credent�al. �f you are not currently a member, you may f�ll out and subm�t the Membersh�p Appl�cat�on

on the follow�ng two (2) pages along w�th your CAMS Exam�nat�on Appl�cat�on.

Answers to Sample Questions from Page X

ACAMS Handbook, page XVI of 6

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ACAMS Handbook, page XVII of 6

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Wire transfer to Association of Certified Anti-Money Laundering Specialists (ACAMS)JP Morgan Chase Bank, New York, New York, USA, ABA Routing#: 021000021 Account Number: 708-334925

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 .

ACAMS Handbook, page 1 of 6

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 . Prices are

subject to change .

Exam�nat�on Fee:

ACAMS Members – private sector $550

ACAMS Members – public sector $400

Non members $750

Bill my company (important: the fee must be received by ACAMS before

the examination application deadline)

Check payable to ACAMS

Wire transfer to Association of Certified Anti-Money Laundering Specialists

JP Morgan Chase Bank, New York, New York, USA,

ABA Routing#: 021000021 Account Number: 708-334925

Credit Card:

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) _____________________

Personal Information (please pr�nt us�ng black or blue �nk)

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

Sunday, October 7, 2007

Grand Cayman, Cayman �slands

Appl�cat�on Deadl�ne: August 24, 2007

This examination schedule is subject to change .

For the latest update on the examination schedule,

visit www .ACAMS .org .

2007 Paper and Pencil Examination Dates and Application Deadline


Eligibility

Candidates wishing to take the CAMS Examination must have a minimum of 20 qualifying points 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:

� EDUCAT�ON

*Select highest level of education Assoc�ate Degree 5 po�nts _________ Bachelor’s Degree 10 po�nts _________ Masters Degree/PhD/JD or Equ�valent 15 po�nts _________ Supporting documentation must accompany information submitted .

�� PROFESS�ONAL EXPER�ENCE

Each year of full-time experience in anti-money laundering or related duties 5 po�nts/year _________ (**complete the Professional Experience Section of the exam application)

�� TRA�N�NG

Professional Certification (Financial Related) - (CPA, CPP, CRCM, CFE, CPE, NASD Series, etc .) (The 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) 5 po�nts/cert�f�cat�on _________

Attendance at a course/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 po�nt per half day of attendance _________

Attendance at a webcast/ e-learning course/telephone briefing of 1 hour or more in length on the subject of money laundering control and/or related subjects (includes CD-ROM’s) (***provide statement or certificate of attendance)

1 po�nt each _________

�V OTHER

Testimony in a court as an expert witness on money laundering control and/or related topics(***provide statement indicating case number(s), case caption and judicial district) 5 po�nts _________

Participation as a delegate to an international body (i .e . FATF, CFATF, etc) on the subject of money laundering control and/or related topics . (***provide statement confirming participation, indicating dates and country represented)

5 po�nts _________

Authorship of a published article or booklet on the subject of money laundering and/or related topics

1 po�nt eaach _________

Service as an instructor, speaker, panelist or moderator at a conference, workshop, seminar, symposium, educational and/or training session on the subject of money laundering control and/or related topics

1 po�nt per 1/2 day of �nstruct�on or 1/4 po�nt per hour of �nstruct�on _________

Your Total # of Cred�ts _________ at least 20 are required

*Only one degree may be used toward the 20 qual�fy�ng po�nts for the CAMS exam�nat�on.

**The Profess�onal Exper�ence Sect�on may be found on page 3 of the CAMS Exam�nat�on Appl�cat�on, wh�ch follows th�s El�g�b�l�ty Page.

***Support�ng documentat�on (�f necessary accompan�ed by a translat�on �n Engl�sh) must accompany �nformat�on subm�tted to meet m�n�mum po�nt cr�ter�a �n order to s�t for the CAMS Exam�nat�on (�.e., cop�es of degree, cert�f�cates of complet�on). Please subm�t all requ�red documentat�on w�th your completed appl�cat�on and fee.


*** PROFESS�ONAL EXPER�ENCE SECT�ON: TO BE F�LLED �N ONLY FOR THOSE CAND�DATES WHO CLA�M CRED�TS FOR EACH YEAR OF PROFESS�ONAL EXPER�ENCE �N THE AML F�ELD:(Use space prov�ded and attach add�t�onal pages �f necessary.)

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

Name of Employer:____________________________________________________________________________________________

Address: _____________________________________________________________________________ Country: ______________

Position/Title/Rank: _____________________________________________________ Total Months �n th�s Ass�gnment: _______

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: ______________






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

___________________________________________________________________________________________________________

___________________________________________________________________________________________________________

___________________________________________________________________________________________________________

___________________________________________________________________________________________________________


Name of Employer:____________________________________________________________________________________________

Address: _____________________________________________________________________________ Country: ______________






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

Background Verification Authorization Form(Must be submitted with the application .)

For our members’ and association’s safety, ACAMS will conduct background checks, including criminal records checks, on all people who intend to take the CAMS Examination. Upon passing the background check, and after verification of the other documents submitted in the examination application process, examination candidates will receive an admission ticket for the examination.


AUTHORIZATION: I authorize ACAMS and Prometric to verify all information . I have provided on the Examination Application and to conduct a comprehensive background investigation, including criminal records, and to check personal and employment references . A photocopy of this authorization may be considered as valid as the original .

Signature: __________________________________________ Date: ___________________________________

First Name: _________________________________________ Middle Name: ____________________________

Last Name: __________________________________________________________________________________

Street Address: _______________________________________________________________________________ (This must be your home address, not your company address . No PO Boxes .)

City: ________________________________________________________________________________________

Zip Code: ___________________________ State: _______________ Country: __________________________

Date of Birth: Year__________Month______________Day__________

Social Security Number: ________________________________________________________________________

Passport Number: _____________________________________________________________________________

National Registration Number: ___________________________________________________________________

E-mail: _____________________________________________ Tel: ____________________________________

Criminal/Disciplinary HistoryApplicant must not have been convicted of any criminal offense which would reflect negatively on the AML profession and ACAMS .1 . If you have ever been convicted of a crime (or in a military service convicted by a general court martial) or if there are any

criminal charges now pending against you, please contact the ACAMS office for instruction before applying to take the CAMS Examination .

2 . If you have ever had a professional membership, license, registration or certification denied, suspended or revoked (other than for lack of minimum qualifications or failure of examination), please contact the ACAMS office for instruction before applying to take the CAMS Examination .

3 . If you have ever been censured or disciplined by any professional body or organization, please contact the ACAMS office for instruction before applying to take the CAMS Examination .


Professional References (Requ�red for all cand�dates)

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 REQU�RED.)

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: ________________________________________________________________________________________________


Mail or fax completed application AND supporting documentation (copies of diplomas etc .) to demonstrate the 20 credits to:

ACAMSAttn . Certification CoordinatorBrickell Bayview Center80 Southwest 8th Street, Suite 2350Miami, FL 33130United StatesFax: +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, Prometric 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, Prometric 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 ... Example: To complete the el�g�b�l�ty table? (Candidates wishing to sit for the CAMS Examination must have a minimum of 20 qualifying points)

To �nclude support�ng documentat�on, such as cop�es of d�plomas? To order off�c�al college transcr�pts, �f requ�red? To complete the profess�onal exper�ence sect�on? (Only for candidates who claim credits for each year of professional experience within the anti- money laundering field)

To �nclude payment w�th appl�cat�on? To f�ll out the Background Ver�f�cat�on Author�zat�on Form? To �nclude 3 profess�onal references? To �nclude your s�gnature and date on the appl�cat�on?

QUESTIONS?

Call ACAMS Member Serv�ces: +1-305-373-0020E-ma�l: �[email protected]�s�t: www.ACAMS.org or www.ACAMS.org/espanol

REQUEST FOR SPECIAL EXAMINATION ACCOMMODATIONS FORM – PART I

If 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 INFORMATION

Name: Organization

Address:

City: State: Country Zip Code:

Phone: Email:

SPECIAL ACCOMMODATIONS

Please 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:

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 Prometric 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 Disibility:

Signed: Title:

Printed Name:

Address:

Telephone Number: Fax Number:

Date:

License# (if applicable):

Return this form with your examination application and fee to: ACAMS, Brickell Bayveiw Center, 80 SW 8th Street, Suite 2350, Miami, Fl 33130, USA, or fax +1-305-373-7788

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Documents

Table of Contents - ACAMSfiles.acams.org/pdfs/ACAMS_handbook_Apr_07.pdfTable of Contents Contact Information ... – Banks, trust companies ... The CAMS Examination is designed to