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Recertification

Individuals must get recertified every three years if they wish to maintain their CAMS certification. To get recertified, individuals must have maintained their ACAMS membership, provide proof of having continued their professional education, and submit an online application along with a recertification fee.

Reference: https://www.acams.org/sites/default/files/2024-02/EN-CAMS_011924.pdf

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ACAMS CAMS Korean Exam Syllabus Topics:

SectionObjectives
Topic 1: Customer Due Diligence (CDD) and KYC- Enhanced due diligence for high-risk customers
- Beneficial ownership and PEP screening
- Customer identification and verification
Topic 2: AML Compliance Framework- Internal controls and governance
- Regulatory obligations and enforcement expectations
- AML compliance program structure
Topic 3: Transaction Monitoring and Reporting- Suspicious activity detection and monitoring systems
- Suspicious Activity Reports (SAR) / STR filing
- Case management and investigation processes
Topic 4: AML and CTF Fundamentals- Money laundering and terrorist financing concepts
- Stages and typologies of money laundering
- International AML/CTF standards and FATF recommendations
Topic 5: Financial Crime Typologies and Risk- Sanctions and embargo compliance
- Risk assessment methodologies
- Common money laundering typologies across industries

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