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ACAMS CAMS7 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Building and Managing Anti-Financial Crime Compliance Programs	28%	- Audit, testing and continuous improvement - Monitoring, reporting and record keeping 1. Suspicious activity reporting (SAR/STR) 2. Transaction monitoring and alert management 3. Legal record retention requirements - Training, awareness and internal communication - Customer due diligence and know-your-customer 1. politically exposed persons and high-risk clients 2. CDD, EDD, beneficial ownership identification - Program framework and policies 1. Risk assessment and risk-based approach 2. Policies, procedures and controls design
Topic 2: Tools, Technologies and Investigations	22%	- Remediation and response 1. Corrective actions and regulatory engagement - Technology and systems 1. Cryptoasset and virtual asset compliance 2. Monitoring systems, screening tools, data analytics - Investigation processes and evidence handling 1. Cooperation with authorities and information sharing 2. Case management and escalation
Topic 3: Global Anti-Financial Crime Frameworks, Governance and Regulations	24%	- Regional and national regulations 1. EU AML Directives 2. USA PATRIOT Act and extraterritorial laws - Governance, accountability and ethics 1. Roles of board, senior management and compliance function 2. Ethical obligations and professional standards - International standards and bodies 1. Basel Committee, Wolfsberg Group, UN conventions 2. FATF 40 Recommendations
Topic 4: Understanding Risks and Methods of Financial Crime	26%	- Terrorism financing and proliferation financing 1. Sources and mechanisms 2. Distinctions from money laundering - Financial crime risks and consequences 1. Institutional, individual, economic and social impacts - Sanctions regimes and compliance risks 1. UN, EU, OFAC frameworks 2. Risk identification and mitigation - Money laundering stages and techniques 1. Placement, layering, integration 2. Methods across financial sectors and businesses

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The Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) certification has become very popular to survive in today's difficult job market in the technology industry. Every year, hundreds of ACAMS aspirants attempt the CAMS7 exam since passing it results in well-paying jobs, salary hikes, skills validation, and promotions. Lack of Real CAMS7 Exam Questions is their main obstacle during CAMS7 certification test preparation.

ACAMS Certified Anti-Money Laundering Specialist (CAMS7 the 7th edition) Sample Questions (Q280-Q285):

NEW QUESTION # 280
The law enforcement agency (LEA) of a foreign jurisdiction contacts a financial institution (FI) regarding one of the FI's clients. The LEA advises that the client is currently wanted for prosecution as a result of a series of human trafficking charges.
What should the FI do? (Select Two.)

A. Comply immediately with the foreign jurisdiction and turn over all client information
B. Review the client's activity, determine if suspicious activity exists, and report accordingly
C. Inform local LEA and regulator of the request for awareness
D. Advise the LEA that the government needs to be contacted for extradition
E. Close the client's accounts immediately to avoid any undue risk

Answer: B,C

NEW QUESTION # 281
Which section of the USA PATRIOT Act relates to forfeiture of funds and allows for extraterritorial reach?

A. Section 319(b)
B. Section 314(a)
C. Section 319(a)
D. Section 314(b)

Answer: A

NEW QUESTION # 282
Artificial intelligence (AI) and machine learning (ML) procedures help in applying a risk-based approach in AML compliance through: (Select Three.)

A. Automatically generating Suspicious Activity Reports (SARs) without the need for human review
B. Automatically adapting risk thresholds for customers without any human intervention
C. Identification of links among apparently unrelated clients who have established complex networks for money laundering
D. Detection of complex money laundering patterns in transactions
E. Advanced customer risk assessments that synthesize client background information with additional data

Answer: C,D,E

Explanation:
Artificial intelligence and machine learning technologies support the risk-based approach (RBA) to AML compliance by enhancing an institution's ability to identify, assess, and prioritize financial crime risks. Regulatory guidance emphasizes that these technologies should augment--not replace--human judgment.
One key benefit is advanced customer risk assessment. AI and ML can synthesize large volumes of customer data, including background information, transaction behavior, and external risk indicators, allowing institutions to develop more accurate and dynamic risk profiles.
AI and ML also enable the identification of complex networks among seemingly unrelated clients.
Through network analytics and pattern recognition, these tools can uncover hidden relationships used in layering and structuring activities.
Additionally, AI-driven systems excel at detecting complex money laundering patterns within transaction data that may not trigger traditional rule-based alerts, improving effectiveness and efficiency.
Automatically generating SARs or adapting thresholds without human oversight is inconsistent with regulatory expectations. Human review and governance remain essential components of AML compliance.

NEW QUESTION # 283
A large financial institution (FI) is considering expanding business to an area of the world with weak AML laws. The risk-based assessment indicates that the location will increase the FI's risk appetite beyond the stated acceptable amount. Which risk factors should be used to identify the priority of the FI?

A. Cash-intensive businesses risks
B. Anonymous transactions risks
C. Geographic risks
D. Unknown third-party risks

Answer: C

NEW QUESTION # 284
Which techniques would be most efficient for a complex investigation of unusual patterns of activity involving multiple businesses, triggered by an automated monitoring system alert? (Select Two.)

A. Use social media platforms to connect with the businesses and request details about the account activity
B. Review the information presented in the automated monitoring system's alert description and decline any future transactions
C. Contact local law enforcement and request that they assist in the analysis and investigation
D. Contact the account manager and ask for the reasons behind the patterns of activity highlighted in the AML alerts
E. Perform a control and ownership assessment of the businesses involved, using the information available in the client files

Answer: D,E

NEW QUESTION # 285
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