(CNS Business): The Cayman Islands Compliance Association (CICA) is offering six scholarships to promising Caymanians working in the Cayman financial industry towards the CAMS Examination of the Association of Certified Anti-Money Laundering Specialists (ACAMS). The CAMS Examination is an internationally recognized examination that rigorously tests for aptitude and expertise in anti-money laundering detection, prevention and enforcement. Each person who passes the exam becomes a Certified Anti-Money Laundering Specialist® (CAMS), a designation that denotes one as an authority in the AML field.

ACAMS is a premier membership organization devoted to professionals in the anti- money laundering field. The mission of ACAMS is to advance the professional knowledge, skills and experience of those dedicated to the detection and prevention of money laundering and other financial crimes around the world.

The CAMS Examination requires a minimum of 40 qualifying credits based on education, other professional certification, and professional experience in the anti-money laundering field. (The tables representing the ACAMS credit award system for examination eligibility are attatched.)

CICA says candidates will be selected on meeting or exceeding the eligibility requirements and the recommendations made by their employer. Candidates may be interviewed for final selection.

The examination will take place on island early March 2013 (date to be confirmed).

Recipients will have access to an Online and Live Preparation Seminar (2 days).
 
Interested candidates should send his/her most up-to-date CV and a recommendation letter issued by the candidate’s Manager to Wiekert Weber at wweber@citco.com by 9 November 2012.

For more information, contact Wiekert at 914-8471.