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Test Name : Certified Anti-Money Laundering Specialist (6th edition)
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CAMS test Format | CAMS Course Contents | CAMS Course Outline | CAMS test Syllabus | CAMS test Objectives

The Certified Anti-Money Laundering Specialist (CAMS) credential is the gold standard in AML certifications and recognized internationally by financial institutions, governments and regulators as a serious commitment to protecting the financial system against money laundering.

Institutions with CAMS-certified compliance teams can:
Drive a culture of compliance from the top down by building highly skilled teams staffed with subject matter experts Demonstrate to regulators and examiners their dedication to a standardized risk-based approach for protecting against money laundering threats and financial crime risks Meet mandated AML training requirements through preparation and study and satisfy ongoing training through recertification and advanced certification activities Safeguard more effectively against financial and reputational damage

The 6 virtual sessions of 2hours each, will cover the following:
- An in-depth explanation of the study material in detail
- Additional material where necessary to provide deeper insight
Practical issues
- What you need to know about the exam, format, scheduling and location
- What to bring on test day, Exam Center and what to expect after the exam
Study methods
- Study tips and test taking strategies for multiple choice
- How to overcome the anxiety

- Introduction to the exam
- Overview of available study materials
- Pages 40 73 of Chapter 2 Risks and Methods of Money Laundering and Terrorist
Financing of the Study Guide for the CAMS Certification Exam
o What is money laundering
o 3 stages
o Economic and social consequences
o Banks and other depository institutions
- Practice questions
- Assignments for next session
Non-bank financial institutions
o Non-financial businesses and professions
o New technologies
o ML risks of structures designed to hide beneficial ownership
o Terrorist financing
- Practice questions
- Assignments for next session
Financial Action Task Force
o Basel Committee on Banking Supervision
o European Directives on Money Laundering

Money laundering risks and methods, such as Black Market Peso Exchange and import and export price manipulation
The Financial Action Task Force (FATF) Recommendations, the Basel Committees Report on Customer Due Diligence and the Wolfsberg Group Principles
Important elements of an Anti-Money Laundering (AML) program
How to conduct and support a money laundering investigation

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Air energy convention 2016: suggestion and Innovation | CAMS examcollection and test Questions

The Royal Air drive’s 2016 Air power conference will draw upon a high degree international audience to seriously investigate the theme of inspiration and innovation.

The conference will discover what has inspired airmen and pushed them to innovate right through air energy’s comparatively short heritage, agree with how this might alternate in the future, and what it potential for the start of air vigor. the usage of examples from the industrial and armed forces sectors, SMEs, academia and govt, their leading topics:  technology, ‘fighting methods’, leadership, and organisational way of life will frame the high-degree debate.  in addition a collection of pre-convention shoulder sessions will determine two connected issues in additional detail: ideas and emerging technologies.

Jim Pennycook, Centre for Defence commercial enterprise, Defence Science & know-how Laboratory

I’d want to begin by paying tribute to CAS on the grounds that here's his remaining convention in put up.

i know he’d quite I kept quiet however I are looking to placed on listing my appreciation for his enormous leadership over the past three years.

He led the RAF into Shader most effective 2 years in the past – he led frivolously, without fuss.

I wish to thank him for his leadership to the drive and repair to the State.

He leaves a proud legacy.

A RAF enhanced, greater ready to face the challenges to come back.


final week they venerated the Somme.

anyway the contribution of their troops within the trenches, that lengthy drawn out battle witnessed a revolution in air vigor, from intelligence gathering to manage of the air.

again then, the perils of aviation had been basically not possible.

Your forebears fought in canvas and timber, carried no parachutes, and had minimal practising.

by contrast, you benefit from the form of precision, pace and reach they might best dream of.

Yet you too continue to run hazards to supply protection to their freedom.


And nowhere is that this truer than in their fight towards Daesh.

Two years on from Parliament’s vote to authorise airstrikes in Iraq, seven months since the extension of that authorisation to Syria, we've over 600 air and ground crews in RAF Akrotiri.

It’s been humbling to satisfy these men and ladies on the frontline and to look how comfortably they’re getting the job done.


Our aircrew have flown greater than 2800 missions in Iraq and Syria.

They’ve conducted 865 airstrikes in Iraq and, when you consider that December, 50 in Syria – more than every other nation apart from the U.S..

considering the fact that December’s vote, the RAF has more than doubled its effort against Daesh.

closing month saw the top-quality number of bombs dropped and missiles fired since January.

in the meantime, RAF E-3D Sentry aircraft are co-ordinating Coalition aircraft over the complete operational area.

Our Voyager tankers are extending their reach and persistence.

Our intelligence gathering aircraft – similar to Airseeker – are featuring a big quantity of the Coalition’s ISR.

collectively they’re guaranteeing their Tornados, Typhoons and Reapers can clear a path for courageous Iraqi troops.

And their planes are making a decisive change in assist of local floor forces.

Daesh is on the back foot. it's a failing business enterprise.

In Iraq it has lost around forty% of the territory it as soon as held.

ultimate week noticed a major milestone– the liberation of Fallujah.

another time the RAF’s efforts highlight the precision nature of their operation.

Our quickly jets struck greater than one hundred objectives as Iraqi ground forces fought their method into the city.

It was their jets that destroyed bunkers housing anti-tank weapons, weapons factories, ammunition dumps, and artillery.

They additionally provided important intelligence to establish talents threats even within the demanding circumstances of road-combating in an city atmosphere.

Our efforts, alongside their Coalition companions, helped liberate Fallujah whereas limiting the lengthy-term damage to the metropolis and saving many brave Iraqi lives.

The symbolism of this latest success is inescapable in view that Fallujah became the first city seized with the aid of Daesh in Iraq in January 2014.

The center of attention is now on stabilisation so americans suppose secure to come back domestic.

in the meantime, in Syria the RAF is making inroads into Daesh’s command, control and concentrated on their oil infrastructure, a major supply of salary.

The RAF has now not operated at this sustained operational tempo in a single theatre of conflict for a quarter of a century.

And this tempo and dedication – their precision concentrated on, their ISR, and their basic guide for the coalition – suggests no sign of abating.

global reach

Operation Shader may be their greatest operational focus but it’s most effective part of the RAF’s global activity.

closing year their pilots and aircrew deployed to greater than 60 countries.

They’re in japanese Europe for the third year running a keeping their NATO allies against Russian aggression.

on account that April 29 they’ve been scrambled on 15 occasions to intercept 32 aircraft.

besides targeting Daesh, their people are flying in Afghanistan as part of NATO’s Resolute aid Mission.

It is still a tricky and unhealthy job.

and i’d want to pay tribute in to the personnel, in particular the two RAF Puma crewmembers, who tragically misplaced their lives in Afghanistan in October ultimate year.

anyway the RAF’s work remote places you continue to be a constant presence in UK as well because the Falklands skies featuring brief reaction Alert to supply protection to their security.

even if at domestic or overseas, you continue to tug out the entire stops.

The nation is pleased with your provider.

thank you.

preserving A excessive TEMPO

in the coming year I expect their RAF to proceed, as you could say ‘kicking the tyres and lights the fires’.

The outcomes of the referendum will now not change their international outlook.

Nor the shared threats they face.

To counter those overseas challenges…we have to work even tougher with their allies and partners, fitting, in the phrases of their SDSR, international-with the aid of-design.

And while we’ve opted out of 1 certain union, they take their global tasks critically, as members of NATO, the organisation for security and Cooperation in Europe, the Northern group of European countries, the 5 power Defence arrangements in the some distance East and permanent contributors of the UN protection Council.

however the RAF wants no reminding of its international tasks.

You’ve at all times been an instinctively overseas entity.

SDSR good news

but your challenge is to dwell ahead of the curve.

Our opponents are striving to close the ability gap.

Russia is exploiting forward-swept wing technology, North Korea “miniaturising” nuclear weapons, others are benefiting from cyber and fifth generation know-how.

In response, their SDSR gives us a RAF that packs a greater powerful punch, expanding its capital funding programme to greater than £6Bn, so it will probably spend on their future air fleet.

For a sign of what’s to come seem to be no additional than their fifth era F-35, which crossed the Atlantic remaining week, in time for RIAT and Farnborough.

The F-35 both land and sea-primarily based can be the fulcrum of a brand new air fleet, together with, 2 extra hurricane squadrons, 9 Maritime Patrol plane, 14 Voyager air-to-air refuelling plane by way of conclusion of year, upgraded helicopter fleets, greater than double the variety of drones and investments in innovations like the photo voltaic-powered Zephyr.

We’re now not simply investing in the structures but the weapons themselves.

these days i will announce a contract price about £28 million to keep their state-of-the-paintings Storm Shadow missile for the next 5 years.

This lengthy-latitude high efficiency cruise missile is already in carrier with their Tornados and is being built-in with their Typhoons.

closing week it was deployed for the primary time in western Iraq…destroying Daesh ammunition dumps in a large concrete bunker.

jointly, these belongings make their future air fleet among the many most adaptable and agile on earth.

Yet, if we’re to trap the opportunities opened up by means of this new capacity, the RAF need to adapt in 3 ways.

1. advice

First, by way of responding to the transforming into tips challenge.

What distinguishes the air expertise we’re developing nowadays is an expanding skill to soak up guidance.

From the pictures captured by means of the twister’s Raptor pods, to their AWACS, fusing and disseminating records.

From the continuous surveillance of Reaper, to their F-35.

Let’s believe F-35 for a moment.

The most powerful and finished built-in sensor kit of any fighter aircraft in background, a core processor that may function more than four hundred billion operations per second and 360-diploma entry to “real-time” battlefield suggestions.

It immeasurably improves their situational attention.

but to get to grips with all the facts it offers their people should be trained to sift it, take into account it, and make the most it, to deliver a quicker reality to the general public, and a knock-out blow to their adversaries.

2. individuals

This brings me to element two.

Our individuals should be in a position to sustain with the sophistication of their systems.

That means working towards their crews to make judgements concerning the intelligence in entrance of them.

It ability making their organisation as an entire, greater streamlined and extra responsive, so that information distilled on the battlefield is interpreted by using the analysts returned domestic, all in real time.

That’s why we’ve brought components of Defence Intelligence community collectively at Joint Forces Intelligence neighborhood Headquarters alongside the imagery intelligence skill of the Defence Geospatial Intelligence Fusion Centre.

however they don’t just need to Excellerate their assistance handling talents.

As they strengthen their disruptive means, even if in artificial intelligence, miniaturisation, or huge statistics, the RAF would require a good extra diverse palette of abilities.

Yet nowadays the nation is facing a expertise deficit.

To bridge that hole we’re backing apprenticeships

The RAF presently has 2700 apprentices on its books – over half in aircraft engineering.

We’re also participating with Primes to create engineering pathways between public and private sector.

We’ve appointed a Defence Engineering Champion, Air -Marshal Julian young to strengthen talent across the one features and the Civil provider.

And we’re opening up a brand new Air & Defence career college in Lincoln, so budding engineers or desktop scientists can have unrivalled entry to the RAF and Air Defence trade.

three. PUBLIC attention

My third element is they need to help the public as well as their individuals modify to this new phase in air vigor.

With greater insurance on their use of UAVs like Reaper and their plans for Protector, with methods reminiscent of Zephyr and Taranis in building, there's problem concerning the degree of automation.

So they need to explain obviously the merits of the potential we’re investing in and the safeguards in place.

We don’t want to get rid of people from the technique but using unmanned systems minimises the hazard to operators and aircrew in excessive threat environments.

ultimately, they need to put extra vigor into the hands of their people by means of giving them better counsel to make greater advised choices.

Human beings might lack the computational vigor of a laptop, however they are greater than machines at understanding human motivation in all its chaotic and complex unpredictability.

Our individuals will always be their most suitable disruptive skill.

And that’s why we've a transparent UK policy on automation of weapons programs: the operation of weapons methods will at all times be beneath human manage.

we are committed to using remotely piloted systems as an absolute guarantee of oversight and authority for weapons liberate.

And their Science and expertise Programme does not fund analysis into absolutely independent weapon programs.

despite the fact people will continue to be in handle of their future weapons programs, new know-how is increasing the physical distance between man and desktop.

Take their pilots controlling their RPAS remotely heaps of miles away.

Yet they remain field to the ethical and psychological burden of fight as well as rules of Engagement and the laws of Armed conflict.

That capacity they ought to ensure practising, strategies, and doctrine meet the wants of the twenty first century pilot.


So we’re making ready their people and the general public to face the new daybreak of airpower.

For the next generation, this can be a brand new age of chance.

Yet to benefit from it, they need to be sure future talent keeps coming through the door.

In a way. it’s the identical attraction as Trenchard as soon as made: “We desire the mathematic genius - there is work for him. They need the scientific mind - there is greater than ample work for him. They want the person of brains and they desire the man of standard feel. They want the man of initiative and the man of motion”.

but that changed into in 1925 in the infancy of air energy.

you could now look again on a century of miraculous achievement and innovation.

From the tactical ingenuity on the Somme, to the feats of daring in the battle of england.

From the breakthrough of the jet engine, to the building of an air-breathing rocket propulsion device that can enter earth’s orbit.

From the fifth-technology F-35, to the solar vigor zephyr that can loiter in the higher environment.

Our people have helped to change this nation. They’ve helped maintain the realm safe too.

in order they tell this story, as they attraction, let’s take to heart the theme of this convention and inspire the subsequent era.

They might be the ones to write down the subsequent chapter within the glorious history of their nation.

A heritage during which we’ll fly further and higher and longer than ever earlier than, as they offer protection to their country and retain their americans secure.

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