Cams Recertification Form – Fill Out and Use This PDF

CAMS Recertiication Guide

and Application

www.acams.org

CAMS RECERTIFICATION NARRATIVE

The purpose of the CAMS recertiication requirements is to ensure that Certiied Anti-Money Laundering Specialists (CAMS) continue, maintainandenhancetheiranti-moneylaunderingexpertise. Therefore,CAMSprofessionalsarerequiredtoearncontinuingeducation credits through training, education and other professional development activities as outlined below.

CONTINUING EDUCATION CREDIT REQUIREMENTS

A total of sixty (60) continuing education credits must be accumulated within a three-year cycle

PleaserefertothedocumententitledCAMSRECERTIFICATIONACTIVITIESforacompletelistofacceptableactivitiesandtheirassigned credits

CandidateswillnotbegrantedcontinuingeducationcreditsforactivitiescompletedpriortoobtainingtheirCAMScredentialortheir most recent recertiication

All continuing education credits must be earned prior to the December 31st deadline

DEADLINE FOR CAMS RECERTIFICATION

Recertiication candidates are required to submit a completed CAMS RECERTIFICATION APPLICATION and evaluation fees postmarked no later than December 31st of the third year after receiving their initial certiication or their most recent recertiication, otherwise a late fee is applied and will be accepted for only 90 days after the deadline date. Examples of recertiication schedules are provided below:

SUPPORTING DOCUMENTATION

CAMS recertiication candidates should retain original copies of their supporting documents in their iles in the event that ACAMS should ind it necessary to audit their records.

Recertiication Evaluation Fees

ACAMS will not accept recertiication applications postmarked after March 31st (90 days after the recertiication deadline)

Checks, credit cards and wire-transfers are acceptable forms of payment

INTERIM REVIEW OF CONTINUING EDUCATION CREDITS

Upon request, ACAMS will review continuing education activities submitted for approval free of charge

All supporting documents submitted for interim review must be accompanied by a CAMS CONTINUING EDUCATION INTERIM REVIEW REQUEST FORM

DECERTIFICATION

Failure to recertify by the late application deadline (March 31st, 90 days after the recertiication deadline) will result in decertiication

Failure to maintain ACAMS membership in good standing for the entirety of the recertiication cycle will result in decertiication

CAMS professionals that are decertiied may recertify only by successfully completing the CAMS examination

MEMBERSHIP STATUS

Upon recertiication, ACAMS members will retain their “Certiied Member” status

CAMS members whose memberships have expired must renew their memberships before they may recertify

Non-members who pass the CAMS Exam will not be considered certiied until they join ACAMS, at which time they will be reclassiied as “CAMS Certiied” from the date they initially passed the exam

CAMS RECERTIFICATION INTERIM REVIEW

REQUEST FORM

YOUR INFORMATION (* Indicates required field)

ACTIVITIES FOR REVIEW

INSTRUCTIONS:

The following materials are required to ensure a timely and accurate review of your recertiication activity:

Certiicate or proof of attendance (e.g. letter from supervisor on oicial letterhead)

Program agenda or outline

Please list if the activity has been approved for any other designation (e.g. CPE, CLE, CRCM, etc.)

Note: Any recertiication activity completed through the Association of Certiied Anti-Money Laundering Specialists (ACAMS) or Alert Global Media are automatically granted recertiication eligibility.

Fax or e-mail completed forms and supporting documentation to Giovanna Oquendo, Certiication Manager at (305) 373-7788 or e-mail to goquendo@acams.org. Please allow 6 - 8 weeks for review.

CAMS RECERTIFICATION WORkShEET

RECERTIFICATION ACTIVITIES

A total of sixty (60) Continuing Education Credits must be earned within a three-year cycle from the year of certiication. Please refer to table below for guidance on applicable continuing education and applied credits. Please see the CAMS RECERTIFICATION NARRATIVE for complete instructions (available online at www.acams.org/Certiication/RecertiicationActivities.aspx).

CAMS RECERTIFICATION WORkShEET CONT.

*Examples include fraud prevention, risk management, regulatory compliance, terrorist inance control, security, technology (as it relates to any of the aforementioned topics), and/or other related subjects. The credits awarded for activities under this matrix are subject to change without notice. Please see www.ACAMS.org for current details.

CAMS RECERTIFICATION APPLICATION

The CAMS recertiication application and evaluation fees must be postmarked no later than the deadlines shown:

Early Application (October 1, 3rd year after receiving the initial certiication)

Regular Application (December 31st, 3rd year after receiving the initial certiication)

Late Application (March 31st, of the year following the recertiication deadline)

YOUR INFORMATION (* Indicates required ield)

BUSINESS INFORMATION (* Indicates required ield)

MAILING ADDRESS 1 (NO P.O. BOxES, PLEASE)*

The CVV (CreditVeriicationValue) code is usually a 3-digit code located on the back of your card, inside the signature area. On AMEx cards, it is a 4-digit code located on the front above the account number. Orders without the CVV code will cause processing delays. Visit ww.acams. org/policies.aspx for our cancellation/refund policy.

Please bill me (If needed, your corporate purchase order number: ___________)

Check enclosed, made payable to ACAMS

Brickell Bayview Center, 80 Southwest 8th Street,

Suite 2350, Miami, FL 33130

Wire transfer to Comerica Bank, San Jose, CA 95113, Routing number: 121-137522.

Account number: 1894064128. Swift Code: MNBDVS33

BACkGROUND VERIFICATION AUThORIZATION AND AFFIDAVIT

I hereby authorize ACAMS to conduct a comprehensive investigation and inquiry into my background, including and not limited to, criminal records and references of my work, character and reputation.

I hereby swear and airm that I have never been convicted of a felony or a crime of moral turpitude, as deined by ACAMS. I understand I must conirm my compliance with the ACAMS Bylaws and ACAMS Membership Standards to maintain my membership and certiication.

I herby certify that I have completed a minimum of 60 approved continuing education credit hours within the applicable recertiication period. I understand that although no supporting documentation of the required continuing education is required to be submitted with this application, ACAMS reserves the right to request and audit documentation conirming the information submitted and veriication of the continuing education.

I understand a signed photocopy of this authorization may be considered as valid as the original. In the event my reactivation is not approved, the recertiication fee, less $100 for administrative costs, will be refunded

CAMS RECERTIFICATION POLICY CONT.

Those not eligible for an extension:

Certiicants who have not accrued the required 60 recertiication credits by their expiration date and who have not experienced extenuating circumstances or have simply not submitted a recertiication application on or before their expiration date are not eligible for an extension.

CAMS Certiication Dormant State

Certiicants who are not able to recertify by the Late Application deadline of March 31st of the year following the certiicant’s recertiication period, can request to have their CAMS certiication placed in a “Dormant State“.

After the Late Application deadline, a member must take the CAMS examination in order to regain the CAMS designation. By selecting to have the CAMS certiication placed in a Dormant State, the CAMS designation will be inactive until the member is able to provide us with the required Recertiication Application and supporting documentation of the 60 continuing education credits received within the three year preceding period of the year of submission to reinstate the CAMS certiication.

The fee to request a Dormant State of the CAMS designation is $50 per year. The Late Application Fee at the time of request to reinstate will apply, which for 2008 is $300. Note that before the CAMS designation can be placed in a Dormant State, the $50 fee must be paid in full before the March 31st Late Application deadline.

Lapsed Certiications

CAMS certiicants who do not submit an application within 3 months after their recertiication deadline (March 31st of the year following the recertiication deadline) will be considered lapsed and no longer certiied. ACAMS will notify certiicants if their certiication expires and will also provide certiication status to employers who request it. Certiied memberships will be downgraded to Professional memberships for individuals whose CAMS certiication has lapsed. They must cease using the CAMS designation immediately. To become certiied, they must retake the CAMS examination.

CAMS certiicants who do not recertify or whose recertiication applications do not meet the established recertiication criteria are considered lapsed and no longer certiied. They must cease using the CAMS designation. To become certiied, they must retake the CAMS examination.

Recertiication by Examination

Those who opt to recertify by examination must submit a written request with payment by the Regular Application deadline (December 31st, 3rd year after receiving the initial certiication). The cost to retake exam is $250.00 plus a $25.00 background veriication fee. This fee is subject to change without notice. Applicants who submit applications with the inappropriate payment amount will be invoiced the diference and will remain unprocessed until the amount is paid in full. Fees can be paid by credit card, wire transfer, or by check made payable to ACAMS. Please do not send cash. The certiicant’s name and company must appear on all payments made by check. This fee is nonrefundable.

The CAMS Examination Application may be found online. Examination registration must be for a CAMS examination in the year following the recertiication deadline. Applicants who do not successfully pass the CAMS examination by December 31st of the year following the recertiication deadline will be considered lapsed and no longer certiied (please refer to “Lapsed Certiications” for more information.)

Applicants that fail to submit a written request to retake the exam by the regular deadline date of December 31st of the year to recertify will be required to proceed through the regular CAMS examination process and pay the applicable regular fees at the time of submission of the CAMS Examination application.

Reminders and Application Submission

Certiicants should keep track of their recertiication cycles and submit a completed application on or before their recertiication deadline. As a professional courtesy, ACAMS will send at least two reminder e-mails or mailings to all certiicants before the end of their recertiication cycles: one approximately six months before the expiration date and one approximately 3 months before the recertiication deadline. ACAMS will send the reminders to the e-mail address and home or oice address on ile, so it is important to make sure you notify ACAMS of all address changes. Recertiication cycles and submission requirements will not be changed because a certiicant did not receive reminders that were sent to the addresses on ile.