A US-based anti-money laundering training firm is suing a Bermuda firm with a similar name for alleged breach of intellectual property.Cheryl-Ann Mapp, the corporate secretary and general counsel of Ascendant Group, set up CAMS Ltd (Compliance And Anti-Money Laundering Solutions) back in 2008.She is the former president of the Association of Bermuda Compliance Officers, former senior legal counsel of the Bermuda Monetary Authority and a former magistrate.Miami-based ACAMS (Association Of Certified Anti-Money Laundering Specialists) filed the writ against CAMS in the Bermuda Supreme Court.ACAMS is seeking an injunction to prevent “further breaches” of the plaintiff’s intellectual property rights. ACAMS’ claim is also for interest on damages and costs.In the legal action, first reported by Offshore Alert, ACAMS accused CAMS of “passing off” its services as those of the plaintiff and of breaching a written agreement allegedly entered into on September 5, 2008 — after CAMS Ltd was formed in Bermuda — “whereby the Defendant agreed to cease using the name and mark CAMS Ltd and to refrain from using any mark similar to the Plaintiff’s trademark/service mark CAMS and ACAMS”.ACAMS describes itself on its website as “the largest international membership organisation dedicated to enhancing the knowledge and expertise of AML/CTF and financial crime detection and prevention professionals, from a wide range of industries, in both the public and private sectors.”ACAMS, which is Delaware-domiciled, is represented in the action by Bermuda law firm Cox Hallett Wilkinson.CAMS and Ms Mapp could not be reached for comment.Local telephone numbers listed for CAMS were no longer in service.ACAMS did not respond to a request for comment.