CAMS + Singapore AML Regime Exam

The CAMS+SGP Package has been accredited under the Skills Framework for Financial Services.

It is eligible for funding under the IBF Standards Training Scheme (IBF-STS). Subject to all eligibility criteria being met, IBF-STS provides funding for this program. Before applying, candidates should assess the suitability and relevance of the program to their job role and the activities of their organization.

Topics Covered

Topics covered include:

- Risks and methods of money laundering and terrorist financing
- International anti-money laundering (AML) and counter-terrorist financing (CTF) compliance standards
- AML and CTF compliance programs
- Conducting or supporting the investigation process
- Singapore MAS Notice 626 and associated AML related industry guidelines

Application Requirements

To apply, candidates must:

- Have documented proof of Singapore citizenship or permanent residency status
- Hold an active ACAMS membership
- Have the required 40 qualifying ACAMS credits, based on education, training, and professional experience

This exam focuses on Singapore MAS Notice 626 and Associated Singapore AML Regulations, as well as AML-related industry guidelines from the Monetary Authority of Singapore. You can also visit www.mas.gov.sg to prepare for the exam.

Upon registration and payment for the CAMS + SGP Package, you will be provided with the Singapore AML Regime Exam study guide. You can access the study guide via the ACAMS learning management system (LMS).

The ACAMS Singapore AML Regime Exam is conducted in English. It is 90-minutes long, with 40 multiple-choice questions.

Once you have passed, an e-Certificate will be sent to you within two weeks. No hard copy will be provided. You will also be able to earn four ACAMS Credits for your CAMS recertification.

This program is eligible for funding under the IBF Standards Training Scheme (IBF-STS). The IBF-STS provides funding for training and assessment courses accredited under the Skills Framework for Financial Services. Visit the IBF website to find out more about the funding.

In order to apply for the IBF-STS Funding, you must comply with the ACAMS Terms & Conditions at acams.org/singaporeterms.

The Institute of Banking and Finance Singapore (IBF) was established in 1974 as a not-for-profit industry association to foster and develop the professional competencies of the financial sector. IBF represents the interests of close to 200 member financial institutions including banks, insurance companies, securities brokerages, and asset management firms.

In partnership with the financial industry and training providers, IBF is dedicated to empowering members, promoting a high standard of excellence, and supporting the growth of the Asian financial industry – working hand-in-hand with both individual members and the industry at large.

About IBF Certification

IBF Certification is an industry endorsed mark of quality for finance professionals in Singapore. The IBF Certification is awarded to practitioners who have attained the required skills for the selected industry segment and function, and are expected to uphold values of professional excellence, integrity, and commitment to the industry.

Practitioners who successfully complete the CAMS + Singapore AML Regime Exam, the CTMA and the Advanced-CAMS-RM and fulfil the eligibility criteria for IBF Certification may apply for the IBF Advanced (level 2). To find out more about the requirements and the other ACAMS programs, visit https://www.acams.org/en/certifications/ibf-level-2-certification-requirement-update.

To be eligible for IBF Advanced (Level 2), applicants should currently be in a compliance role in a financial institution and have at least three years of AML/CFT related experience.

To find out more about IBF certification and the application process, please visit https://www.ibf.org.sg/home/for-individuals/ibf-certification/why-be-ibf-certified