Funded by The Regtechtimes AML Academy (RT Academy), Certified Anti Money Laundering Investigation (CAMI) is the leading AML enforcement certification program. It is an anti-money laundering certificate that two young Europeans created with support from Regtechtimes, an ultimate alternative media project in the Regtech space. Both founders of the program were specialists in anti-money laundering. They started with Europe and then spread to the Middle East with this certification. Because of its wide range of subjects, the certification became common during the COVID-19 period. The priority in the Middle East is mainly on trade, while in Europe, it is nearly entirely on cryptocurrencies. Oil trading and migrant worker facilities dominate the Middle East. Europeans, on the other hand, are captivated by Bitcoin, digital currencies, and technological tools. CAMI certification is the result of this commitment. These topics caught the attention of the target audiences more than ever before, allowing them to receive the "CAMI" for the so-called certificate.
The CAMI Certification program is intended to provide applicants with a thorough understanding of the pragmatic implications of becoming an AML investigator when doing transaction analysis. This training is beneficial for both AML experts and security officers who investigate alarms and red flags.
CAMI Certification from RT Academy
The CAMI certificate course is a comprehensive training program that aims to prepare applicants for a career in the AML field. The course is designed to equip students with the knowledge and skills necessary to effectively respond to questions during a work interview, including the all-important question, "Why should you be recruited for employment in the AML field with no previous experience?"
One of the main focuses of the course is the AML Case Investigation Process, which is explained in detail by CAMI Certification. This includes an in-depth discussion of the various stages of the investigation process and the tools and techniques used to uncover financial crime. The course also covers the most recent AML and compliance events from around the world, including the FinCEN Files commentary, and highlights the importance of risk assessment in the digital currency world. With the rise in illegal activity, it is more important than ever to consider the risk and enforcement framework, and CAMI Certification addresses this issue head-on.
CAMI certificate course provides a hands-on learning experience. Students have the opportunity to work with real-life case studies and write investigative documents, which helps them develop their analytical and research skills. By completing case write-ups, students are able to further hone their AML case analysis skills, and mock tests allow them to assess their understanding of the subjects discussed.
The course is delivered through a video learning platform, which means that students can access the training materials from anywhere in the world at any time. This makes it a convenient and flexible option for anyone looking to pursue a career in the AML field. In addition to the video learning course, students are required to write three case notes, which come with model responses to help them better understand the material. At the end of the course, there is a qualification test, and any applicant who receives 75 percent or more on the final examination will receive a certificate of merit.
The CAMI certificate course is also unique in that it covers some of the most high-profile money laundering cases in recent history, including the Commonwealth Bank Laundering and Troika Laundering cases. By studying these cases in detail, students are able to gain a deeper understanding of how money laundering and terrorism finance activities take advantage of the financial system.
What Are the Topics Covered in The CAMI Training Program?
The CAMI Training Program provides an extensive and diversified curriculum that covers every aspect of the anti-money laundering investigation process. The program comprises eight modules that provide a comprehensive understanding of the AML/CFT compliance framework, risks, and methods of money laundering
and terrorist financing, and the investigation and response to inquiries.
- The first module of the CAMI Training Program focuses on the AML/CFT International Standards that provide the basis for the development of AML compliance programs globally. The second module is dedicated to Compliance Programs for AML/CFT and elaborates on how to develop and implement an effective compliance program to detect, prevent, and mitigate money laundering and terrorist financing risks.
- The third module covers Money Laundering and Terrorist Financing Risks and Methods and provides a comprehensive overview of the latest trends and techniques used by criminals to launder money and finance terrorist activities. The fourth module of the program is dedicated to Investigating and Responding to Inquiries and trains the participants on how to conduct effective investigations, identify red flags, and respond to inquiries from regulatory authorities.
- The fifth and sixth modules, Software 1 and Software 2, provide hands-on training on the latest software and tools used in AML investigations, including transaction monitoring, case management, and regulatory reporting. The seventh module of the CAMI Training Program is focused on Processes and operational partnerships on a global scale, which explains the role of financial institutions, regulators, and law enforcement agencies in the AML/CFT ecosystem.
- The final module of the program, MLRO Assistance, is specifically designed for individuals who aspire to become MLROs or AML Compliance Officers. The module provides an in-depth understanding of the MLRO role, its responsibilities, and best practices for fulfilling its obligations.
It is an extensive and comprehensive training program that provides participants with the necessary skills, knowledge, and expertise to become effective AML/CFT professionals.
What Are the Benefits of the CAMI Program?
The CAMI program offers a wide range of benefits to those seeking to develop their knowledge and expertise in AML/CFT investigations. Participants can gain a comprehensive understanding of money laundering, the international AML/CFT standards used, and the role of an AML investigator during the investigation process. The program also covers important topics such as AML transaction monitoring overview and sanction screening, enabling candidates to gain awareness of executive management roles and the responsibilities of the board of directors. Additionally, the CAMI program provides a thorough understanding of global mechanisms, including Wolfsberg, Egmont, and others. By completing the CAMI program, aspirants can gain the skills and knowledge necessary to become certified AML investigators, enhancing their career opportunities and making them more attractive to potential employers.