u003cpu003eu003cstrongu003eMauritius needs to rely on a pool of specialists in money laundering in line with its ambition to be an international financial centre. In this context, Temple Professionals has introduced the CAMS certification courseu003c/strongu003eu003c/pu003eu003cpu003eTemple Professionals, the training limb of the Temple Group, has introduced the Certified Anti-Money Laundering Specialist (CAMS) certification course, which is a product of ACAMS (Association of Certified Anti-Money Laundering Specialists), scheduled to start from the beginning of June. It is internationally recognised as a leading standard for professionals in the field of anti-money laundering.u003c/pu003eu003cpu003eAccording to the Manager of Temple Professionals, Ajam Joomun, having the certification can benefit anyone who is in charge of accepting new clients and monitoring transactions and activities, with special targeting of compliance officers, money laundering reporting officers and any individual who has (executive) authority on the internal due diligence in banking institutionsu0026nbsp; and non-banking financial institutions. It is also useful to officers of all regulatory and investigatory bodies such as the Bank of Mauritius, the Financial Services Commission, the Independent Commission against Corruption and the Financial Intelligence Unit, among others.u003c/pu003eu003cpu003eThe CAMS certification will put them in a better position to identify and mitigate risk. u0026ldquo;u003cemu003eIt also acts as an assurance to the regulators that the company has properly invested in the compliance function and on a broader level, sends out the right signals to potential investors that the Mauritian jurisdiction understands the risks involved in global business tran-sactionsu003c/emu003e,u0026rdquo; he highlights.u003c/pu003eu003cpu003eAjamJoomun states that there exists today a lack of consistent interpretation and application of what is required of the compliance role. u0026ldquo;u003cemu003eWith the global financial crisis, it is important to build on strong foundationsu003c/emu003e,u0026rdquo; he says…u003c/pu003eu003cpu003eu003cemu003eu003cstrongu003eRead furthermore in Business Magazineu003c/strongu003eu003c/emu003eu003c/pu003e
CAMS Certification: Giving the financial sector an edge over money laundering
