
Design and implement an anti-financial crime compliance program by defining the risk appetite statement, establishing three lines of defense roles, and applying KYC, CDD, and EDD across onboarding and monitoring.
Identify who qualifies as a PEP under FATF and apply diligence to source of wealth and funds; examine life insurance, MSB, prepaid access, and real estate as money laundering vehicles.
Explore domain a risks and methods of financial crime, including real estate integration schemes, bearer shares, shell companies, beneficial ownership, CDD, red flags, and FATF recommendations.
Outlines FATF's global framework with 40 recommendations across seven categories. Shows how countries are judged by technical compliance and effectiveness, graylist and blacklist, and the risk-based approach.
Examine the FATF 40 recommendations, focusing on risk-based AML/CFT frameworks and governance for regulating money laundering and terrorism financing. Learn CDD, STR, asset tracing, and international cooperation to enforce controls.
Explore the U.S. Patriot Act and its sections on correspondent banking, shell banks, and information sharing, plus FinCEN and OFAC roles, and compare to the EU Fourth AML directive.
Build an anti-money laundering program using a three lines of defense framework. Define the responsibilities of the first line, second line, and third line, with board oversight and independent testing.
Calibrate and validate the monitoring system, ensure independent testing, and uphold AML governance through risk-based audits and ongoing model calibration to address drift and topology shifts.
Are you preparing for the CAMS (Certified Anti-Money Laundering Specialist) exam?
This free course touches sections A B and C of the CAMS exam. It is explains the toughest questions in the CAMS Exam.
CAMS Exam Prep (Unofficial): Pass the Exam is designed to help you master all three domains of the ACAMS exam quickly and effectively.
This course condenses essential exam topics into just 2 hours of targeted video content — perfect for compliance professionals, AML analysts, and risk officers who need to pass the CAMS exam on their first attempt.
What you will learn:
Domain A – Risks & Methods of Financial Crime: Understand money laundering stages, terrorist financing methods, fraud schemes, and emerging financial crime risks.
Domain B – Global AFC Frameworks, Governance & Regulations: Master the FATF’s 40 Recommendations, the role of the Egmont Group, the USA PATRIOT Act, EU Directives, and global AML standards.
Domain C – Building an Anti-Financial Crime Compliance Program: Learn how to design, implement, and test an effective AFC program including customer due diligence (CDD), enhanced due diligence (EDD), suspicious activity reporting (SARs), and independent audits.
Why take this course?
Concise 2-hour curriculum — no wasted time
Covers all three CAMS exam domains (A, B, and C)
Practical examples and exam-style reasoning
Taught by an experienced compliance instructor
Ideal for both beginners and experienced professionals seeking certification
Whether you are new to AML or a seasoned professional, this course gives you the confidence and knowledge to pass the CAMS exam.