CAME Examination is the final stage in completion of the certification. Students are encouraged to take up the examination only after reading the study material specially designed for the examination. The study material is changed frequently. However, CAME examination is not limited to the professionals who purchase the study material.
Certified Anti Moneylaundering Expert program provide the detailed overview of Laundering related transactions. From traditional methods to technology methods of laundering, this certification covers many facets of laundering transactions.
Following are the topics covered under the AML courseware.
- Definition, size of Money Laundering
- Reasons of Money Laundering by criminals.
- Consequences of Money Laundering.
- Essentials of Money Laundering
- Risk of KYC to mitigate
- Origin of Money laundering transactions
- Indian Laws of Money Laundering
Additionally, you can also check regular updates on Money Laundering in the specially created members zone Final examination of the Certified Anti Money Laundering Expert program covers wider range of topics.
The course regulations were revised in the year 2015, to cover the global laws and developments in the Anti Money Laundering. This revision also opened the doors for the compliance professionals to take up certification examination directly, without registering for the complete course. (Though this is not recommended, aspirants can register directly for the exams at their own cost)
You can try the mock exams on Anti Money Laundering
Direct CAME Examination Route
Certification in Anti- Money Laundering emphasize on a passing level of 75%. From the year 2015, students are allowed to take up the direct examination route. We strongly encourage the aspirants to study the course and take up the examinations. However, direct examination route helps the aspirants to speed up the process of certification.
The examination is Multiple Choice Questions. It focus more on the Transaction analysis approach rather than the compliance approach to the analysis of susceptibility of bank to Money Laundering.