{"id":86823,"date":"2023-03-15T04:10:29","date_gmt":"2023-03-15T04:10:29","guid":{"rendered":"http:\/\/kuwaitnewsgazette.com\/?guid=d4654528a76a1b419c2ca8522ff9f535"},"modified":"2023-03-15T04:10:29","modified_gmt":"2023-03-15T04:10:29","slug":"acams-launches-scholarship-program-for-korean-professionals-seeking-anti-money-laundering-training","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/acams-launches-scholarship-program-for-korean-professionals-seeking-anti-money-laundering-training\/","title":{"rendered":"ACAMS Launches Scholarship Program for Korean Professionals Seeking Anti-Money Laundering Training"},"content":{"rendered":"
\n

CAMS Scholarship recipients will train on strategies to identify, trace, and report criminal activity threatening financial institutions across the globe<\/h4>\n

WASHINGTON, March 14, 2023 (GLOBE NEWSWIRE) — As part of its efforts to support the fight against financial crime throughout the Asia Pacific region, ACAMS is launching a new scholarship program for South Korean compliance professionals seeking to become Certified Anti-Money Laundering Specialists (CAMS). Under the initiative, ACAMS will award the CAMS Scholarship to 10 Korean compliance practitioners in the anti-financial crime (AFC) space, granting them a one-year membership to the association and a full waiver of all fees for the CAMS exam package.<\/p>\n

As part of the program, scholarship winners will train on a broad array of skills and strategies to detect, track, and report illicit financial activity, including global best practices on the effective implementation of anti-money laundering (AML) and counterterrorism financing (CTF) policies and procedures, risk-mitigation controls, and suspicious transaction reporting. Widely recognized as the global standard for AML\/CTF credentials, the CAMS program helps to shield financial institutions around the world from criminal exploitation, regulatory fines, and reputational harm.<\/p>\n

\u201cThis scholarship is a reflection not only of our mission to fight illicit finance around the globe, but also of our commitment to the talented professionals in Korea\u2019s dynamic anti-financial crime sector,\u201d said ACAMS CEO Scott Liles. \u201cAs South Korea\u2019s financial markets continues to grow, it\u2019s critical that compliance professionals are prepared to meet evolving regulatory expectations and face emerging criminal threats.\u201d<\/p>\n

\u201cFor compliance practitioners, CAMS is pathway to becoming part a global community of dedicated men and women around the world who are applying their knowledge and skills to protect the private sector and save lives,\u201d said ACAMS Advisory Board Member Jean Chung who is also Managing Director, Asia Head over Conduct, Financial Crime and Compliance Advisory for Corporate, Commercial and Institutional Banking at Standard Chartered Bank. \u201cThis is a credential that will open doors for professional development throughout a recipient\u2019s career.\u201d<\/p>\n

The initiative is the third of its kind for ACAMS following the launch in 2021 of the CAFCA Scholarship and CCAS Scholarship in 2022. The CCAS Scholarship attracted entries from AFC professionals from over 100 countries around the world.<\/p>\n

Applicants can apply for the CAMS Scholarship through 11:59 pm GMT April 28, 2023. Winners will be announced in June.<\/p>\n

Find out more about the scholarship\u2019s criteria and application process here:
\nhttps:\/\/www.acams.org\/cams-scholarship<\/a><\/p>\n

About ACAMS\u00ae<\/strong><\/p>\n

ACAMS is a leading international membership organization dedicated to providing opportunities for anti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally. With over 100,000 members across 180 jurisdictions, ACAMS is committed to the mission of ending financial crime through the provision of anti-money laundering\/counterterrorism-financing and sanctions knowledge-sharing, thought leadership, risk-mitigation services, ESG initiatives, and platforms for public-private dialogue. The association\u2019s CAMS certification is the gold-standard qualification for AFC professionals, while its CGSS and CCAS certifications are for sanctions professionals and AFC practitioners working in the crypto space, respectively. ACAMS\u2019 60+ Chapters globally further amplify the association\u2019s mission through training and networking initiatives. Visit acams.org<\/a> for more information.<\/p>\n

Media Contact:<\/strong>
\nLashvinder Kaur
\nlkaur@acams.org
\n<\/a>+44 7388 264478<\/p>\n

GlobeNewswire Distribution ID 8788561<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

CAMS Scholarship recipients will train on strategies to identify, trace, and report criminal activity threatening financial institutions across the globe WASHINGTON, March 14, 2023 (GLOBE NEWSWIRE) \u2014 As part of its efforts to support the fight against financial crime throughout the Asia Pacific region, ACAMS is launching a new scholarship program for South Korean compliance [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nACAMS Launches Scholarship Program for Korean Professionals Seeking Anti-Money Laundering Training - Kuwait News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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