Certificate Course on Anti Money laundering Laws (Anti- Money Laundering Specialist)

• Module-I : Anti Money Laundering Laws, Treaties, Regulations and Nodal Authorities – An Overview
• Module-II : Overview of the Allied laws
• Module-III : Jurisprudence
• Module-IV : Identifying, dealing and reporting with suspicious transactions & Money Laundering Test
• Module-V : Emerging Modus Operandi for Money Laundering / Sector Specific issues of Money laundering and Global Trends (with reference to Case Studies and Case Laws )

Module- I: Anti Money Laundering Laws, Treaties, Regulations and Nodal Authorities – An Overview

Origin and legislative background of Anti Money Laundering Laws, Definition, Size & reasons for Money Laundering, Origin of Money Laundering Transactions, Methods of Money Laundering, International Initiatives & Indian Laws of Money laundering

• Overview of International Conventions and Resolutions (Vienna Convention/ Starsbourg Convention/OECD Convention on Corruption/ United Nations Convention against Corruption)
• Overview of the Prevention of Money Laundering Act, 2002 (PMLA 2002) and the Prevention of Money Laundering Rules 2005
• Overview of the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (COFEPOSA)
• Over view of the Benami Transactions (Prohibition) Act, 1988
• Over view of the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988

• Banking Regulation Act ,1949
• Chit Funds Act ,1982
• Reserve Bank of India (RBI) Act, 1934
• Securities and Exchange Board of India (SEBI) Act, 1992
• Insurance Act, 1938
• Insurance Regulatory and Development Authority (IRDA) Act 1999
• Foreign Exchange Management Act (FEMA), 1999
• Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015
• Prevention of Corruption Act, 1988

• Indian Penal Code
• Code of Criminal Procedure, 1973
• Civil Procedure Code, 1908
• The Indian Evidence Act, 1872

Module- IV : Identifying, dealing and reporting with suspicious transactions & Money Laundering Test 

• Designing a comprehensive AML framework
• Risk based customer due diligence (CDD), customer risk profiling and on- going monitoring
• Suspicious activities/ suspicious transactions reporting and dealing with entities
• Client Due Diligence, Know Your Customer Guidelines & Practical Aspects related to KYC
• Recommendations of FATF, Financial Intelligence Units and the Basel Statement of Principles
• Role of Financial Intelligence Unit of India (FIU-Ind) and the Directorate of Enforcement

• Trade Based Money Laundering
• Money Laundering Risk in Capital Markets
• Money Laundering Risk in Banking, Insurance and NBFC Sectors
• Money Laundering Risk in Real Estate Sector
• Money Laundering Risk in Not for Profit Sectors