The purpose of the CAMS recertification requirements is to ensure that Certified Anti-Money Laundering Specialists (CAMS) continue, maintain and enhance their anti-money laundering expertise. Therefore, CAMS professionals are required to earn continuing education credits through training, education and other professional development activities as outlined below.
Download complete CAMS Recertification Brochure
Continuing Education Credit Requirements
- A total of thirty (30) continuing education credits must be accumulated within a three-year cycle
- Please refer to the document entitled CAMS RECERTIFICATION ACTIVITIES for a complete list of acceptable activities and their assigned credits
- Candidates will not be granted continuing education credits for activities completed prior to obtaining their CAMS credential or their most recent recertification
- All continuing education credits must be earned prior to the December 31st deadline
Deadline for CAMS Recertification
Recertification candidates are required to submit a completed CAMS RECERTIFICATION APPLICATION, evaluation fees, and any supporting documents postmarked no later than December 31st of the third year after receiving their initial certification or their most recent recertification. Examples of recertification schedules are provided below:
Date of Certification or Most Recent Recertification |
Recertification Deadline |
Applicant passes CAMS Examination January 15, 2003 |
December 31, 2006 |
Applicant passes CAMS Examination May 25, 2004 |
December 31, 2007 |
Applicant passes CAMS Examination November 17, 2005 |
December 31, 2008 |
Applicant recertifies December 31, 2006 |
December 31, 2009 |
Applicant recertifies December 31, 2007 |
December 31, 2010 |
Supporting Documentation
- Copies of supporting documents must be submitted with the CAMS RECERTIFICATION APPLICATION
- Please refer to the CAMS RECERTIFICATION APPLICATION for complete details on acceptable forms of supporting documents
- CAMS recertification candidates should retain original copies of their supporting documents in their files in the event that ACAMS should find it necessary to audit their records
Recertification Evaluation Fees
Early Application |
$200 |
The CAMS RECERTIFICATION APPLICATION, evaluation fees, and supporting documents must be postmarked no later than October 1st (90 days before the recertification deadline) |
Regular Application |
$250 |
The CAMS RECERTIFICATION APPLICATION, evaluation fees, and supporting documents must be postmarked no later than December 31st (the recertification deadline) |
Late Application |
$300 |
The CAMS RECERTIFICATION APPLICATION, evaluation fees, and supporting documents must be postmarked no later than April 1st (90 days after the recertification deadline) |
- Certificants who are not able to recertify by the Late Application deadline of April 1st of the year following the certificant’s recertification period, can request to have their CAMS designation placed in a “Dormant State”.
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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 2007 is $300. Before the CAMS designation can be placed in a Dormant State, the $50 fee must be paid in full before the April 1st Late Application deadline.
- ACAMS will not accept recertification applications postmarked after April 1st (90 days after the recertification deadline)
- Checks, credit cards and wire-transfers are acceptable forms of payment
Interim Review of Continuing Education Credits
Decertification
- Failure to recertify by the late application deadline (April 1st, 90 days after the recertification deadline) will result in decertification
- Failure to maintain ACAMS membership in good standing for the entirety of the recertification cycle will result in decertification
- CAMS professionals that are decertified may recertify only by successfully completing the CAMS examination
Dormant policy
Certificants who are not able to recertify by the Late Application deadline of April 1st of the year following the certificant's recertification period, can request to have their CAMS designation 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 designation placed in a Dormant State, the CAMS designation will be inactive until the member is able to provide us with the required Recertification Documentation.
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 2007 is $300. Note that before the CAMS designation can be placed in a Dormant State, the $50 fee must be paid before the April 1st Late Application deadline.
Please submit a written request via email to info@acams.org or fax to +1.305.373.7788.
Membership Status
- Upon recertification, ACAMS members will retain their “Certified Member” status
- CAMS whose memberships have expired must renew their memberships before they may recertify
- Non-members that pass the CAMS Exam will not be considered certified until they join ACAMS, at which time they will be reclassified as “CAMS Certified” from the date they initially passed the exam
For additional questions regarding recertification, please contact Xaila Navarro at 305-373-0020 x 3065 or xnavarro@acams.org |