• Certificate Course Details
• Registration Link
• Program Structure
  
  

• Module- I: Introduction and Legislative Background
• Module- II
• Module- III: Overview of Allied Laws w.r.t. AML compliances
• Module- IV: Interplay of other Laws in AML - Compliances & Procedures
• Module- IV: Interplay of other Laws in AML - Compliances & Procedures
• Module- V: KYC, Customer Profiling & Regulatory Framework in India
• Module- VI: Management Obligations & the Risk Based Approach for AML
• Module- VII: Money Laundering in specific sectors and Evolution of Virtual Money & Assets
• Module- VIII: Global Legal and Regulatory Structures for AML
• Module- IX: Practice Development & Advocacy for Chartered Accountants

Module- I: Introduction and Legislative Background

• Origin and Legislative background of Anti Money Laundering Laws
• Definition, Size & reasons for Money Laundering
• Origin of Money Laundering Transactions
• Methods of Money Laundering and Terror Financing
• International Initiatives to curb Money laundering
• Overview of International Conventions and Resolutions (Vienna Convention/ Strasbourg Convention/OECD Convention on Corruption/ United Nations Convention against Corruption)
• Sanctions

• Detailed Understanding of the Prevention of Money Laundering Act, 2002 including Rules & Regulations framed thereunder with case laws

• The Prohibition of Benami Property Transactions Act, 1988
• The Black Money (Undisclosed Foreign Income and Assets) And Imposition of Tax Act, 2015
• The Fugitive Economic Offenders Act, 2018
• The Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988
• The Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (COFEPOSA)
• The Prevention of Corruption Act, 1988
• The Central Vigilance Commission Act, 2003
• The Banking Regulation Act ,1949
• The Reserve Bank of India (RBI) Act, 1934
• The Securities and Exchange Board of India (SEBI) Act, 1992
• The Insurance Act, 1938
• The Insurance Regulatory and Development Authority (IRDA) Act 1999
• The Foreign Exchange Management Act (FEMA), 1999
• Any new legislation having impact on AML, introduced from time to time

Module- IV : Interplay of other Laws in AML - Compliances & Procedures

• Bharatiya Nyaya Sanhita (BNS), 2023 (Formerly Indian Penal Code, 1860)
• Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023 (Formerly Code of Criminal Procedure, 1973)
• The Civil Procedure Code, 1908
• Bharatiya Sakshya Adhiniyam, 2023 (BSA) (Formerly Indian Evidence Act, 1872)

• Identifying, dealing and reporting with suspicious transactions & Money Laundering Test
• Designing a comprehensive AML framework
• Risk based customer due diligence (CDD) including Enhanced Due Diligence (EDD) and Unwrapping Beneficial Ownership, 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
• Politically Exposed Persons (PEPs)
• Client confidentiality & handling risk of tipping off
• Regulatory Requirements for Designated Non-Financial Business and Professions (DNFBPs) under PMLA
• Financial Intelligence Units and the Basel Statement of Principles
• Combating Terror Financing and understanding related laws in India
• Role of Financial Intelligence Unit of India (FIU-Ind) and the Directorate of Enforcement

• Understanding Risk based approach
• Formulating AML Policies and Procedures within organisation
• Monitoring and compliance
• Resources
• Risk assessment of banks

• Emerging Modus Operandi for Money Laundering/Sector Specific issues of Money laundering and Global Trends (with reference to Case Studies and Case Laws)
• Emerging technologies and new payment methods
• Trade Based Money Laundering
• Money Laundering Risk in Capital Markets, Banking, Insurance and NBFC Sectors, Real Estate Sector, Not-for-Profit Sectors
• Understanding virtual currencies & virtual assets
• Establishment of Money & Fund Trail and Forensic Analysis & Audit Aspects
• Modern Methodology of Evidence Gathering in cases of fraud / PMLA

• Economic Sanctions
• Global Regulations- Overview of regulations in US, UK, UAE and other countries
• Foreign Account Tax Compliance Act - What is FATCA, Objective, Overview of FATCA provisions, FATCA Joint Statement and Non-Compliance with FATCA
• Recommendations of FATF

• Practice Opportunities after certification
• Practical, relevant topics with industry applications
• Overview of industry size, scope, and emerging areas
• Accreditation and Empanelment with Arbitration Institutions
• Ethical practice, pro bono services, community contribution
• Use of social media, branding, and digital networking for practice expansion
• Presentations before adjudicating bodies
• Interacting with authorities and regulators