Application deadline approaching for course on March 25-27
MIAMI, Jan. 28, 2013 /PRNewswire-USNewswire/ -- The Association of Certified Anti-Money Laundering Specialists (ACAMS) has announced the dates for the next class of the ACAMS Advanced AML Audit Certification (CAMS-Audit). Held March 25-27 in Leesburg, VA – a suburb of Washington, DC – the three-day course builds upon current CAMS graduates' expert AML knowledge and further develops the candidates' specialized ability in performing an AML audit, one of the cornerstones of every AML program.
"In light of the recent failures of AML audit and independent testing cited in multiple enforcement actions in 2012, it was only logical that ACAMS provide the compliance community a means to further enhance their skills in an area in such an urgent need of improvement," said John Byrne, CAMS, Executive Vice President of ACAMS.
Building a comprehensive, audit program is one of the four pillars of every AML program. Recent enforcement actions against high-profile institutions cite a lack of proper audit and associated training, and highlight the growing need for organizations to establish systems that are valid, functional, and sufficient to prevent non-compliance
When asked about the impetus behind the program, Byrne explains, "Balancing independent and internal auditing procedures can be one of the most challenging aspects of a solid compliance program. The program was created to satisfy demand from regulators and address the lack of targeted training and education surrounding auditing deficiencies." Byrne adds, "We are pleased by the extremely positive response this program has received from the compliance community; it reaffirms that financial institutions are seeking internal and independent audit specialists and the growing necessity of adopting an aggressive approach to compliance."
Candidates must meet certain standards to be considered for admission, according to a formula based on such criteria as professional experience, continuing education, and audit certifications. To see if you qualify, or to register for the class, visit www2.acams.org/audit or contact ACAMS directly at +1 305.373.0020 or by email at firstname.lastname@example.org.
About the Association of Certified Anti-Money Laundering Specialists® (ACAMS®)
ACAMS is the largest international membership organization dedicated to enhancing the knowledge and skills of AML and financial crime professionals from a wide range of industries with extensive resources designed to develop and sharpen the skills required for superior job performance and career advancement. Its CAMS certification is the most widely recognized AML certification among compliance professionals worldwide. Visit www.acams.org for more information.
SOURCE Association of Certified Anti-Money Laundering Specialists