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08/24/2017 | Press release | Distributed by Public on 08/24/2017 08:02

ACAMS and RTU Riga Business School Announce CAMS® Certified Anti-Money Laundering Specialist Qualification Training Partnership

CHICAGO--(BUSINESS WIRE)-- The Association of Certified Anti-Money Laundering Specialists (ACAMS) and RTU Riga Business School (RBS) are pleased to announce the formation of a strategic training partnership to support Latvian AML professionals preparing for the Certified Anti-Money Laundering Specialist (CAMS®) qualification, widely regarded as a global gold standard in the area of anti-money laundering certifications and recognized internationally by financial institutions, governments, regulators and standard setters. This training partnership aims to offer international AML/CTF best practice education to professionals working in AML and financial crime prevention and detection in Latvia.

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The inaugural CAMS Preparation training courses run jointly by RBS and ACAMS will be held on October 17 and 18, 2017 with the first course graduates expected to take the examination locally in Riga in November. In support of this strategic partnership, RBS also plans to offer a program of specialized seminars and conferences designed to help professionals in the Latvian financial services sector expand their anti-financial crime knowledge and maintain their CAMS certification through continuing professional education.

'We are delighted to include RBS in ACAMS' network of international training partners, and look forward to working closely with RBS to deliver this important initiative to strengthen professionals' anti-money laundering knowledge through CAMS certification in Latvia,' said Mrs. Angela Salter, ACAMS Head of Europe.

Speaking on behalf of RBS, Mr. Janis Grevins commented, 'By becoming one of the world's financial and FinTech centers, the requirement for RBS to be able to offer training on products and services that are not only innovative but also comply with internationally accepted principles is growing. That is why co-operation between state and industry regulatory bodies and educators with internationally recognized training providers such as ACAMS is commendable. And RTU Riga Business School has also fulfilled the accreditation requirements for providing CISI (Chartered Institute for Securities & Investment) training in Latvia.'

Sanda Liepina, Chairman of the Management Board of the Association of Latvian Commercial Banks, welcomes ACAMS/RBS strategic partnership as this will further facilitate the international integration of AML training programs and the educational preparation of high quality specialists in Latvia. 'The Latvian banking industry is actively working to strengthen its AML/CFT compliance function and has already undertaken significant steps to implement enhanced standards. One of the key pillars here is a regular training of personnel to improve the professional competency and awareness of the latest global trends among the specialists of various levels,' added Liepiņa.

About Adtalem Global Education

The purpose of Adtalem Global Education is to empower students to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading global education provider and the parent organization of Adtalem Educacional do Brasil, American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Carrington College, Chamberlain University, DeVry University and its Keller Graduate School of Management, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit adtalem.com.

About the Association of Certified Anti-Money Laundering Specialists® (ACAMS®)

ACAMS is a member of Adtalem Global Education (NYSE: ATGE), a global education provider headquartered in the United States. The organization's purpose is to empower students to achieve their goals, find success and make inspiring contributions to our global community. ACAMS is the largest international membership organization dedicated to enhancing the knowledge and skills of anti-money laundering (AML) and financial crime professionals from a wide range of industries, with extensive resources designed to develop and sharpen the skills required for superior job performance and career advancement. Its CAMS certification is the most widely recognized AML certification among compliance professionals worldwide. Visit acams.org for more information.

About RTU Riga Business School (RBS)

RTU Riga Business School is the premier business school in Latvia, which has been providing international standard of education to professionals for over 25 years. The School provides high quality Professional and Executive MBA programs as well as a Bachelor of Business Administration program. RBS is also the accredited training partner of CFA® Institute and The Chartered Institute for Securities & Investment.

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Adtalem Global Education
Media Contact:
Ernie Gibble
[email protected]
630-353-9920
or
Adtalem Global Education
Investor Contact:
Joan Walter
[email protected]
630-353-3800
or
Association of Certified Anti-Money Laundering Specialists® (ACAMS®)
Angela Salter, Head of Europe
[email protected]
+44 20 3755 7401

Source: Adtalem Global Education