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Exam Information
Official specifications published by ACAMS
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CAMS-RM Exam Topics and Domains
CAMS-RM is organized into 4 weighted domains.
Risk Framework and Governance
International Policies and Procedures
Understand how international policies and procedures influence risk management frameworks
Governing Documents and Their Relation to International Guidance, Laws, and Regulations
Understand how institutional governing documents relate to international guidance, laws, and regulations
International Standards for Data Sharing, Data Protection, Privacy and Relevant Jurisdictional Legislation
Understand international standards for data sharing, data protection, and privacy and how jurisdictional legislation affects compliance programs
Key National and International Financial Crime Regulations
Understand key national and international financial crime regulations and their application to risk assessments, including extraterritorial reach
Risk Management Components
Understand risk management components including risk-based approach, risk appetite, control effectiveness, regulatory and business risk, mitigating factors, and residual risk
Risk Appetite and Its Impact on Client and Product Portfolio
Understand how risk appetite drives client and product portfolio decisions and associated risk mitigation
Impact of Risk Assessment Results on Financial Crime Program Management
Understand how the results of risk assessments affect the management of financial crime programs, including transaction monitoring typologies
Jurisdiction-Based Regulations and Institutional Risk
Understand how jurisdiction-based regulations impact institutional risk
Jurisdictional Risk Assessments and Enterprise-Wide Risk Assessment
Understand how jurisdictional risk assessments impact the enterprise-wide risk assessment
Varying Risk Management Strategies
Understand varying risk management strategies including accept, avoid, treat, and control
Model Validation and Model Risk Management
Understand the need for model validation, how to implement model risk validation, and how to manage data
Issue Management and Incident Management
Understand issue management including logs and databases, and knowledge of the incident management process including maintaining event and loss databases
Elements of an Effective Program Management Feedback Loop
Understand the elements of an effective program management feedback loop
Importance of Company Culture of Compliance
Understand the importance of company culture of compliance including code of ethics, code of conduct, and tone from the top
Risk Identification and Assessment
Common Risk Areas
Identify and understand common risk areas in financial crime compliance
Relationship Among Financial Crimes and Impact on Risk Assessment
Understand the relationship among financial crimes and financial crime methodologies/typologies and how they impact the risk assessment process
How Risk Differs Across Compliance Programs
Understand how risk differs across compliance programs including anti-bribery and corruption, sanctions, fraud, and AML
Key Concepts Related to Bribery and Corruption
Understand key concepts related to bribery and corruption including active and passive bribery and facilitation payments
Inherent Risk Indicators
Identify inherent risk indicators related to clients, products and services, delivery channels, and geographies
Basic Concepts and Trends of Terrorist Financing
Understand basic concepts and trends of terrorist financing including funding, risks, and red flags
Assessing Layered Risk
Understand how to assess layered risk where multiple risks are associated with a single account or transaction
Different Beneficial Ownership Structures
Understand different beneficial ownership structures including effective control via ownership, effective control without ownership, and hybrid effective control
Emerging Risks
Understand emerging risks including FinTech, cyber, and cryptocurrency
Information Sharing Opportunities and Emerging Risk Identification
Understand information sharing opportunities such as 314(b) and financial crime working groups and their impact on identifying emerging risks and financial crime trends
Customer Risk Score Calculation
Understand how the customer risk score is calculated
Risks Associated with Punitive Action/Enforcement
Understand risks associated with taking punitive action and enforcement
Impact of Regulatory and Independent Reviews on Risk Assessments
Understand how regulatory and independent reviews such as enterprise-wide AML regulatory exams, control assessments, and audit reports impact risk assessments
Mergers and Acquisitions Impact on Financial Crime Compliance
Understand how mergers and acquisitions affect financial crime compliance programs, including relevant data points, metrics, program information, and due diligence to be conducted prior, during, and after M&A
Monitoring, Controls and Mitigation
Internal Controls Based on Risk Assessment
Understand internal controls including group-wide, local, process-embedded, and manual controls based on risk assessment
Impact of Financial Crimes on the Risk Framework
Understand the impact of financial crimes on the risk framework
Detecting and Using Preventative Internal Controls
Understand how to detect and use preventative internal controls to manage financial crime risk and mitigate risk of customers, products, and jurisdictions
Emerging Technologies for Financial Crime Risk Management
Understand emerging technologies such as artificial intelligence, machine learning, and robotics and how they can be applied to monitor, control, and mitigate financial crime risk
Measuring Effectiveness of KYC, CDD, and EDD
Understand how to measure the effectiveness of Know Your Customer, Customer Due Diligence, and Enhanced Due Diligence research
Media Screenings, Risk Ratings, and Ongoing Monitoring
Understand how media screenings influence risk ratings and when to conduct ongoing due diligence and monitoring based on risk, including customer screening, transaction monitoring, periodic reviews, and event-driven reviews
Controls for Complex Products
Understand controls for complex products including payment intermediaries, foreign correspondent banking, private banking, and mobile banking
Documentation for High-Risk Product Transactions
Understand documentation requirements to evidence legitimate transactions regarding high-risk products
Incorporating Risk Assessment into Transaction Monitoring
Understand how to incorporate risk assessment into transaction monitoring tools
Drivers of Relevant Metrics and Risk Reporting
Understand drivers of relevant metrics and how KPIs, KRIs, and other relevant metrics relate to risk management and their appropriate use in reporting
Evaluating Data Integrity for Risk Purposes
Understand the process for evaluating the integrity of relevant data including data sources and completeness, and how to interpret the data for risk purposes
Methods of Incorporating Analytics into Risk Management
Understand methods of incorporating analytics into risk management
Communications and Training
Evaluating Training Program Effectiveness and Communication
Understand how to evaluate the effectiveness and communication of the training program
Assurance, Regulatory Exams, Testing Programs, and Their Impact on Training
Understand how assurance incorporating regulatory exams and testing programs drives training requirements and changes to the program
Communication Techniques for Company Leadership and Stakeholders
Understand communication techniques appropriate for company leadership and other stakeholders
How do I earn this certification?
Passing CAMS-RM earns the Certified Advanced AML Risk Management Specialist (CAMS-RM) certification. It sits in the Anti-Money Laundering / Financial Crime Risk Management track.
- CAMS-Audit - Advanced CAMS-AuditFor professionals focused on AML audit and independent testing rather than risk management
- CAMS-FCI - Advanced CAMS-Financial Crimes InvestigationsFor professionals focused on financial crimes investigations rather than risk management
Practice with Precision
The PlanetCert Simulator mirrors the real exam environment with authentic questions and timed pressure.
How to study for this exam?
The most effective way to prepare for CAMS-RM is by using the PlanetCert Simulator to practice questions and review detailed explanations.
What's changed on this exam?
- ACTIVE
- Last content update: 2026-01-01
- Artificial Intelligence and Machine Learning in AML Core tested topic on how emerging technologies monitor, control, and mitigate financial crime risk
- Cryptocurrency and Virtual Assets Tested as an emerging risk area requiring integration into existing risk assessment frameworks
Who should take this exam?
- Minimum 3 years of professional experience in AML, financial crime prevention, or related fields
- Mid-to senior-level experience in risk management or compliance roles
Related practice tests
- CAMS-FCIAdvanced CAMS-Financial Crimes Investigations
- Advanced-CAMS-AuditAdvanced Certified Anti-Money Laundering Specialist - Audit
- CAFCACertified AML FinTech Compliance Associate
- CAFSCertified Anti-Fraud Specialist
- CAMSCertified Anti-Money Laundering Specialist (6th edition)