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2015-06-21
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Cost: $1,790 (thankfully paid by my employer) which included one year of membership in ADAMS ($295) and $1,495 for the standard prep course/ exam fee. There is a higher-end prep course that includes live instruction for an additional $385.
What is the cost to obtain an anti-money laundry certificate? The cost is approximately $1500.00 for individual unless you are working for a company that has an enterprise license. The cost includes all your study materials. To be able to sit for the exam, you must meet certain qualifications in advance.
The cost to attend ADAMS Association of Certified Anti-Money Laundering Specialists ranges from $299 to $2,220 depending on the qualification, with a median cost of $1,500. When asked how they paid for their training, most reviewers responded, “My company paid for my training”.
The designation is awarded by the Association of Certified Anti-Money Laundering Specialists (ADAMS) to professionals who pass the exam, earn 40 qualifying credits based on education, other professional certification and work experience, and who provide three professional references.
CAMS (Certified Anti-Money laundering Specialist) is the most prestigious and coveted certification for AML professionals not only in India, but the world. This certificated is gold standard for someone who aspires to make a career in AML and to stand out in this field.
Minimum of 12 months of onsite property management experience. Successful completion of all CAM coursework (totaling 40 hours) Meet all examination standards within 12 months of declaring candidacy.
What is the duration of the CAMS exam? Test takers will have 210 minutes (3.5hours) to complete the CAMS Examination.
Cost: $1,790 (thankfully paid by my employer) which included one year of membership in ADAMS ($295) and $1,495 for the standard prep course/ exam fee. There is a higher-end prep course that includes live instruction for an additional $385.
A total of sixty (60) Continuing Education Credits must be earned within a three-year cycle from the year of certification. Certificate are required to earn twelve (12) of the total credits from attending ADAMS training events.
In order to maintain the integrity of the CAMS credential, graduates must undergo recertification every three years. During that three-year period, each candidate must prove a commitment to his/her continued education by earning 60 CAMS credits within that time in the areas of AML/CTF/financial crime prevention.
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