Bradley Arant Boult Cummings LLP is pleased to announce that Jackson attorney Stuart P. Lott has been awarded the Certified Anti-Money Laundering Specialist (CAMS®) credential by the Association of Certified Anti-Money Laundering Specialists (ACAMS), the world’s leading organization of professionals in the anti-money laundering (AML) field.
“The establishment and execution of effective anti-money laundering programs as required by the Bank Secrecy Act continues to be critical to an increasing number of financial service providers,” Mr. Lott said. “The CAMS designation will enable me to add value to the firm as we assist banks and other types of financial services providers with their AML compliance needs.”
The CAMS designation is awarded to professionals who successfully complete a rigorous examination demonstrating their aptitude in anti-money laundering detection and enforcement. The examination covers relevant topics such as money laundering and terrorist financing methods, best practices to stop these and other financial crimes, as well as key legislation in place worldwide, global AML standards, the development of defenses for financial institutions to stop money laundering and terrorist financing, and compliance management.
In order to qualify for the CAMS certification, individuals must first meet significant experience, education and training thresholds. Designees are also required to satisfy annual continuing education requirements in the field of AML and terrorist financing.
Mr. Lott is a member of the Banking and Financial Services and the Financial Services Litigation and Compliance groups at Bradley. His practice focuses on advising banks and financial services companies on regulatory compliance and enforcement matters. Before joining the firm, Mr. Lott worked in compliance at a large regional bank. He earned his J.D. from Cornell Law School and his B.B.A. (summa cum laude) from Jackson State University.
Contact: Vivian Hood