Free CAFCA Exam Prep
ACAMS Certified AML FinTech Compliance Associate (CAFCA)
Prepare for the CAFCA exam without spending hundreds on expensive prep courses. Free study guides, practice questions, flashcards, and related exam resources.
Quick Facts
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CAFCA ACAMS Financial Crime Certifications: Study Roadmap
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Governance, Guidance, and Regulation (20%)You are here
Learn how neobanks, payment processors, BNPL lenders and BaaS programmes create AFC risk, which licences and sandboxes apply, how the risk management framework and MLRO role work, and what partner banks expect of FinTechs.
Due Diligence Across Customer Types (20%)
Study CIP, the FinCEN CDD Rule and EDD, eKYC and biometric checks, how reliable each data source is, device signals, onboarding sanctions, PEP and fraud screening, and customer risk-rating models.
Payment Screening and Transaction Monitoring (25%)
Practise OFAC screening and the 50% Rule, real-time screening and fuzzy matching, rules and machine learning monitoring, payment-method and crypto risk, alert handling, audit trails, and monitoring KPIs.
Investigations, Inquiries, and Reporting (20%)
Cover customer contact without tipping off, evidence and open-source review, cognitive bias, SAR and STR duties and narratives, 314(a) and 314(b), law enforcement requests, and partner terms of service.
Scaling Anti-Financial Crime Strategies (15%)
Review new product risk assessments, refreshing the risk assessment as the firm grows, review triggers, record retention and legal holds, outsourcing and RegTech oversight, and independent testing.
Can You Take the CAFCA Exam?
Check if you meet the basic eligibility requirements
- •Active ACAMS membership to earn and keep the credential
- •Schedule and sit the exam within 6 months of application acceptance
- •Answer at least 70% of scored questions correctly
CAFCA Quick Facts
Time to Get Licensed
4-6 weeks typical study time
From start to license in hand
Retake Policy
Candidates can retake the CAFCA exam after a 30-day wait for a US$199 retake fee. An exam extension costs US$100.
Total Cost Breakdown
Free CAFCA Prep Tools
Reported exam pass rate: ACAMS does not publish official CAFCA pass rates. These figures describe exam candidates, not OpenExamPrep user outcomes. Check the exam sponsor’s website for published statistics.
120 Practice Questions
FinTech AFC governance, onboarding due diligence, payment screening, transaction monitoring, investigations, SARs, and scaling controls
AI-Powered Learning
Detailed explanations with citations to the BSA, FATF Recommendations, OFAC rules, the EU AML package, and UK POCA
2026 Updated
Covers FinCEN's October 2025 SAR FAQs, the GENIUS Act, the CTA interim final rule, and the Van Loon Tornado Cash ruling
Free Access
No signup required — drill all 120 questions free
What You'll Study
18 chapters covering the exam topics in this guide
Chapter 1: CAFCA Exam Overview and Study Strategy
1 sections
Chapter 2: Domain 1: FinTech Business Models and Their Vulnerabilities
4 sections
Chapter 3: Domain 1: Financial Crime Types and the Regulatory Perimeter
3 sections
Chapter 4: Domain 1: Global AML Frameworks and Sources of Guidance
4 sections
Chapter 5: Domain 1: Risk Management Framework, Risk-Based Approach, and Data Protection
3 sections
Chapter 6: Domain 1: Bank Partners and Internal Threats
3 sections
Chapter 7: Domain 2: CIP, KYC, CDD, and EDD
3 sections
Chapter 8: Domain 2: Identity Verification, Data Sources, and Device Data
4 sections
Chapter 9: Domain 2: Onboarding Screening, Risk Ratings, and Fraud Red Flags
4 sections
Chapter 10: Domain 3: Payment Screening
3 sections
Chapter 11: Domain 3: Transaction Monitoring Systems and Red Flags
4 sections
Chapter 12: Domain 3: Payment Methods and Transaction Risk Characteristics
4 sections
Chapter 13: Domain 3: Monitoring Crypto Transactions
3 sections
Chapter 14: Domain 3: Alert Investigation, Audit Trails, and Monitoring MI
3 sections
Chapter 15: Domain 4: Investigations and Customer Communication
3 sections
Chapter 16: Domain 4: SARs and STRs
2 sections
Chapter 17: Domain 4: Law Enforcement, Regulators, and Banking Partners
4 sections
Chapter 18: Domain 5: Scaling Anti-Financial Crime Strategies
5 sections
CAFCA Exam Details
ACAMS Certified AML FinTech Compliance Associate (CAFCA)
Administered by ACAMS
Exam Content Breakdown
Based on the official ACAMS content outline
FinTech types and vulnerabilities, financial crime types, licensing and sandboxes, risk management framework, data privacy, risk-based approach, sources of guidance, bank partner relationships, insider threat, and risk types
CIP, KYC, eKYC, CDD and EDD; identity verification; data sources and their reliability; device data; sanctions, PEP and fraud screening at onboarding; customer risk ratings; onboarding fraud red flags
Purpose of monitoring, payment screening, red flags, payment methods including crypto, alert investigation, audit trails, transaction risk characteristics, monitoring systems and thresholds, and KPIs and OKRs
Customer communication and tipping off, evidence review, analytical bias, SARs and STRs, working with law enforcement, bank partners and regulators, law enforcement requests, and bank partner terms of service
New product and feature risk assessment, refreshing the risk assessment as the business grows, triggers for review, record retention and data storage, and outsourcing, RegTech and independent testing
What's Included
18 Chapters
Complete exam coverage
Practice Quizzes
With detailed explanations
Free to Start
No credit card required
Quality Exam Prep Shouldn't Cost Hundreds
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What's Next After the CAFCA?
After passing the CAFCA, you can pursue these career paths
CAFCA Exam FAQ
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