CGSS Exam: Everything You Need To Know About It And How To Pass It
CGSS Exam: Everything You Need To Know About It And How To Pass It The ACAMS credential certification The Association of Certified Anti-Money Laundering Specialists (ACAMS)
The Association of Certified Anti-Money Laundering Specialists (ACAMS) is an international organization which geared in improving professional skills, knowledge, and experience in order to detect and further prevent the laundering of money around the world. Basically, it’s a global association for Anti-Financial Crime professionals. In addition, its advocacy is to implement and develop sound anti-money laundering procedures and policies through providing a strong network where professionals can interact and collaborate, promote global standards against terrorist financing, educate professionals about best practices against money laundering, and finally certify achievements of its members.
The Certified Global Sanctions Specialist (CGSS) is one type of ACAMS certification. Having this certification equips any organization with the necessary credential which is a clear and solid indication as to its level of commitment with its strict compliance to laws and regulations. We are now living in a highly regulated society. It is only but right and fitting that an organization must adhere to standard compliance in order to compete effectively in their field of work. Apply CGSS exam at the officai site: acams.org
As mentioned, CGSS will enable entities to make use of the dynamic network of ACAMS. Thus, your knowledge and skills will be enhanced especially if it is geared in detecting and preventing financial crimes.
The following are the competencies that one may earn with CGSS which will greatly help and contribute in your workplace:
Those who have passed the CGSS Exam are equipped with the necessary skills that are critical for the following field of work. One may be able to gain promising career opportunities in the following areas:
Now, one may be able to apply for the CGSS examination online so there won’t be any hassle and inconvenience on the part of the applicant.
The first thing to do is to apply online then the next step is to choose the membership and the CGSS package- the cost of which will be provided here on. Next, one should submit the necessary payment fees and documents wherein you will automatically access the reading materials and reference required. After your membership is approved and payment already facilitated, wait for the email so that ACAMS will inform you of your scheduled exam.
Candidates may be able to sit for a CGSS examination provided he has the following requisites:
Educational background | Corresponding credit |
Associates | 10 credits |
Bachelors | 20 credits |
Masters | 30 credits |
JD | 40 credits |
1 year of related experience | 10 credits |
1 hour of relevant training | 1 credit |
However, there are requisites that must be met. Candidates who intend to take the examination must be able to have at least 40 units credited. This number of credit shall serve as a qualifying element which can be based on education, other professional qualification or experience in the field of financial crime compliance.
The CGSS Exam is a multiple choice type question which consists of 100 items. There are 2 types of exam that will be provided here. One is the type of multiple choice type that presents 1 valid answer out of the 4 options. There is also one type of question here where out of the 4 options, there will be 2 or 3 options that are valid and correct.
The applicants will be provided a total of 175 minutes for them to finish the exam. It is a pass/ fail rate wherein the score will be displayed immediately upon the submission of the exam. Subsequently, an email will be sent to the test takes informing them of their score.
The examination fee will depend whether or not you will avail the CGSS standard package or the CGSS virtual classroom bundle. For the CGSS standard package, the cost is $1,695 for the private sector and $1,295 for public sector. If you avail the CGSS classroom bundle, it will cost $2,180 for private sector or $1,790 for private sector.
The CGSS examination contains 5 main domains. These are the following:
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CGSS Exam: Everything You Need To Know About It And How To Pass It The ACAMS credential certification The Association of Certified Anti-Money Laundering Specialists (ACAMS)
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