Globally Certified Anti Money Laundering Officer (G-CAMO)

This certificate is bestowed by the Global Association of Certified KYC Specialist (Go-AKS) which is a globally recognized association, acknowledged in over 180 countries.

Enrolment and Access Procedure:

1. Payment and Course Access:
   • Upon payment, candidates gain access to the course materials.
   • This includes the ability to download the study e-booklet that covers the full syllabus for G-CAMO.
2. Study Materials:
   • The e-booklet provided contains comprehensive information on all topics required for the Certified Anti Money Laundering Officer (G-CAMO).
3. Final Exam Details:
   • After studying, students can attempt the final exam.
   • The final exam consists of multiple-choice questions (MCQs) and can be taken online at any time convenient to the student.
   • Candidates have two attempts to pass the final exam.
4. Scoring and Retakes:
   • A passing score of 85% is required.
   • There are no negative marks for incorrect answers.
   • However, skipping questions will result in negative marks.
   • If all two initial attempts are exhausted, each subsequent exam attempt will incur a fee of $19 USD.

Curriculum: Globally Certified Anti Money Laundering Officer (G-CAMO)

1. Understanding the Evolution of AML/KYC Practices

• Historical Context
• Key Milestones
• Impact on Financial Institutions

2. Risks and Methods of Money Laundering and Terrorist Financing

• Overview of Money Laundering
• Defining Money Laundering and Its Stages
• Economic and Social Impacts
• Detailed Case Examples

3. Emerging Trends in Global Financial Crimes

4. Dynamic Risk Assessment in AML/KYC

• Principles of Risk Assessment
• Tools and Technologies in Risk Assessment

5. Techniques of Money Laundering

• Money Laundering Through Financial Institutions
• Money Laundering Through Nonbank Financial Institutions

6. Advanced Techniques for Detecting Illicit Activities

• Pattern Recognition
• Machine Learning Applications
• Behavioral Analysis

7. Comprehensive Analysis of Financial Institutions in Money Laundering

• Banking Sector Vulnerabilities and Mitigation
• Non-Bank Financial Institutions and Risk Management

8. AML/KYC Challenges in High-Risk Industries

• Identifying High-Risk Sectors
• Tailored Compliance Strategies
• Challenges in Implementation
• Case Studies

9. Enhanced Due Diligence (EDD) for High-Risk Customers

• Key Components of Enhanced Due Diligence
• Implementation of Enhanced Due Diligence

10. Advanced Suspicious Activity Reporting (SAR) Processes

• SAR Decision-Making
• Technological Innovations and Case Studies

11. Terrorism Financing and Financial Crimes Nexus

• Interconnections and Case Studies
• Detection and Disruption Strategies

12. Detecting Terrorist Financing

• Detection Techniques and Case Examples
• Informal Value Transfer Systems
• Use of Nonprofit Organizations and Social Media

13. Red Flags in Money Laundering and Terrorist Financing

• Unusual Customer Behavior
• Unusual Customer Identification Circumstances
• Unusual Transactions

14. Trade-Based Money Laundering (TBML)

15. Human Smuggling and Human Trafficking

16. Potential Terrorist Financing

17. Cyber Criminal Activity

18. Monitoring and Screening

• Automated AML/CFT Solutions
• Adverse Media Screening
• Economic Sanctions
• Sanctions List Screening
• Politically Exposed Persons Screening
• Know Your Employee (KYE)
• Suspicious and Unusual Transaction Monitoring and Reporting

19. International AML/CFT Standards

• Financial Action Task Force (FATF)
• Basel Committee on Banking Supervision (BCBS)
• European Union Directives
• Regional Bodies and Other Influencing Organizations

20. Conducting and Responding to Investigations

• Investigations Initiated by Financial Organizations
• Investigations Initiated by Law Enforcement
• Communicating with Law Enforcement on SARs
• Decision to Prosecute a Financial Organization
• Responding to a Law Enforcement Investigation
• Monitoring and Cooperating with Law Enforcement

21. KYC for Different Corporate Structures and Entity Types

• Detailed understanding of KYC requirements for various corporate structures and entity types.

22. KYC Attributes

• Comprehensive knowledge of all key attributes required in Corporate KYC.

23. Introduction to Risk Assessment in KYC/AML

This syllabus outlines the comprehensive range of topics that candidates need to study to prepare for the Globally Certified Anti Money Laundering Officer (G-CAMO) Certification, ensuring they possess a deep understanding of KYC processes, regulatory frameworks, risk assessment techniques, and the application of technology in enhancing KYC and AML procedures.