New version equips Middle East and North Africa region financial centers and institutions with robust compliance training programs
MIAMI — The Association of Certified Financial Crime Specialists (ACFCS), a Professional Association within the BARBRI legal education family of companies, today announced its Arabic translation of the Certified Financial Crime Specialist (CFCS) exam and related preparation and practice materials.
The release of the Arabic translation marks the third language in which the CFCS exam is now available. English and Spanish versions were released in 2013 and 2014, respectively.
The CFCS designation is the only credential that validates a professional’s demonstrated knowledge and skill in all areas of financial crime compliance, investigations and enforcement. The examination covers 12 key content areas, including money laundering, fraud, corruption, tax evasion, cybersecurity and others. The breadth of the prep materials and exam fosters a more complete understanding of the entire financial crime compliance landscape.
“Several countries and cities in the Middle East and North Africa (MENA) region are fast rising as important regional and international financial services centers,” said Brian Kindle, ACFCS executive director. “As they expand, robust financial crime compliance programs are becoming increasingly critical. These programs provide the means and tools to equip professionals to protect the integrity of the financial system and protect institutions from reputational and regulatory harm. We’re excited to support these institutions that are focused on not only achieving compliance with global standards on financial crime detection and prevention, but getting ahead of the curve.”
ACFCS is partnering with Kryterion, an international psychometric and test administration firm to offer the Arabic CFCS exam at testing centers throughout the MENA region. The Arabic CFCS package includes registration for the CFCS exam, the Study Manual, practice test questions, and an eight-hour online prep seminar, along with one year of membership in ACFCS. Live preparation and training classes will also be offered later in 2016 in select cities within the region.
The Association of Certified Financial Crime Specialists (ACFCS) is a worldwide organization for private and public sector professionals who work in diverse financial crime disciplines, including anti-money laundering, fraud, tax evasion, anti-corruption, cybersecurity, compliance, regulation, enforcement and more. ACFCS awards the Certified Financial Crime Specialist (CFCS) certification to qualified candidates who pass a proctored examination offered at authorized testing centers around the world. Professionals in the financial crime field from more than 75 nations have already obtained the CFCS certification.