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” CAMS is regarded as the global gold standard for AML certifications and is internationally recognized by financial institutions, governments and regulators.
Those who gain CAMS position themselves as industry leaders and are highly valued by their employers with salaries 42 percent higher than non-certified colleagues, according to the 2015 ACAMS AML/CFT/FCP Compensation Survey.
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The event, which combined an evening of anti-money laundering/counter-terrorist financing (AML/CTF) networking with keynotes from Stelios Georgakis, assistant director of the Central Bank of Cyprus, and Andreas Andreou, vice chair of Cyprus Securities and Exchange Commission (Cy SEC), coincided with the eight evaluation visit by the troika of international lenders responsible for Cyprus’ original financial bailout.
Overall, the level of interest shown in registering to study for the globally respected Certified Anti-Money Laundering Specialist (CAMS) designation and applications to join the ACAMS Cyprus Chapter, provided a clear indication that professionals in the Cyprus anti-financial crime (AFC) professional community are keen to invest in developing their skills and knowledge to help with the country’s overall focus on improving banking transparency and implementing the structural reforms required under the terms of the Troika’s financial support.
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Furthermore, as the Cyprus ACAMS training partner, the EIMF will always provide its support to the local ACAMS chapter.” EIMF will be running the country’s first live CAMS prep course in Cyprus in March 2016.