Certificate Program on Anti-Money Laundering

Program

To provide an understanding of:

  • Understand your legal and regulatory obligations.
  • Acquire a knowledge of the MLRO/NO role in practice.
  • Gain essential perspective on the broader agenda of financial crime.
  • Understand how to put in place a risk-based customer due diligence regime.
  • Identify where risk-based requirements end and mandatory requirements begin.
  • Explore the challenge of managing the whole AML/CTF process.

  • Who should attend?

    Senior Executives from Banks, Corporate Executives, Banks, Treasury Managers, Insurance Companies, New/recently-appointed NOs, Compliance officers, Internal auditors, Financial crime and risk officers, Capital Market Intermediaries. Students and Investors

    THE CURRENT LEGAL & REGULATORY FRAMEWORK
  • Law: POCA, TACT, CTA, MLR.
  • Industry guidance – the JMLSG.
  • Wolfsburg Principles.
  • A practical explanation for the non-lawyer.

  • THE MLRO ROLE IN PRACTICE
  • Policy issues.
  • Assessing vulnerabilities and risks.
  • Designing risk-based CDD, initially and ongoing.
  • Implementing effective risk-based activity monitoring.
  • Assessing compliance.
  • Management information and the MLRO annual report.

  • IMPLEMENTING A RISK-BASED DUE DILIGENCE REGIME
  • Achieving the optimum balance of ID&V and KYC.
  • Meeting the differing requirements of POCA, the MLR, CTA and a risk- sensitive approach.
  • Applying the “does it make sense?” test.
  • A series of interactive, table-top exercises to demonstrate practical realities.

  • MANAGING AN EFFECTIVE RECOGNITION & REPORTING REGIME
  • Achieving the optimum of ID&V and KYC.
  • Meeting the differing requirements of POCA, the 2007 Regulations and a “risk sensitive” approach.
  • Applying the “does it make sense?” test.
  • A series of table top case studies to demonstrate the practical realities.

  • FINANCIAL CRIME – THE BROADER PERSPECTIVE
  • Market abuse.
  • Insider dealing: case studies and discussion of key lessons from FSA enforcement.
  • UK and international sanctions.
  • Bribery and corruption.
  • Misuse of customer data/IS issues.


  • Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.

    6 full days (Saturdays & Sundays)
    10.00 am to 5.30 pm

    Rs. 18,000.00 + Applicable Taxes per participant inclusive of tuition fees, reference material and (morning / evening) refreshments only

    For further details regarding contents,
    E-mail: training@bseindia.com