Summary

Learning Outcomes 

• Participants would be made aware of the potential and dimensions of Money Laundering threat in the financial sector
• The program would also highlight the menace of Money Laundering for local banks on account
• Forex & Trade Transactions - anti Trade Bas Money Laundering
• Discussion on the various levels of Defence in AML - all about CDD and EDD
• Detailed awareness on the Red Flags to keep an eye out for
• Discussion on how ARC’s can implement an effective AML policy
  

Who should attend?

• All officials of ARC’s including Internal Audit, Compliance, Risk, Sales, Product teams
  

Course Structure

Day 1

Session 1

Building blocks for an effective KYC - AML - CFT regime (based on the The World Bank guidelines) 

• Process of money laundering and financing of terrorism
• Impact of money laundering on the system
• Brief description of the measures taken by the United Nations
  

Session 2

The Financial Action Task Force (FATF) on Money Laundering 

• The Forty Recommendations on Money Laundering
• Monitoring Members’ Progress
• Reporting Money Laundering Trends and Techniques 

Session 3

Brief explanation of regulatory guidelines

• The Basel Committee on Banking Supervision
• The International Association of Insurance Supervisors Guidelines 
• International Organization of Securities Commissioners Guidelines 
  

Day2

Session 4

Criminalization of Money Laundering 

• Defining the Crime
• Scope of the Predicate Offense
• Cross Border Considerations for International Cooperation
• State of Mind-Knowledge or Intent
  

Session 5

Suspicious transaction reporting 

• Suspicious Transaction Reporting
• Suspicious Transactions: What is involved
• Safe Harbor” Provisions for Reporting
• Scope of Reporting Obligation
  

Session 6

Regulations relating to purchase of stressed assets

• What transaction monitoring entails - Transaction type, velocity, quantum
• Areas where transaction monitoring needs to be implemented
• KYC and CDD check points - Profiling, Relationship, and Business linkages 

Session 7

Implementation of effective KYC - AML - CFT regime - Use Case Examples & Best Practices from around the world

Trainer Profile

He is a senior ex-banker with more than 25-year experience in banking industry working with Public & private sector banks. He started his career with State Bank of India & has worked extensively in Credit Assessment for Small and Medium Enterprises (SME). He was also posted for more than 2 years at SBI’s prestigious Tokyo Branch in Japan where he was responsible for Trade Finance and Treasury Back-Office for both money market and forex dealing room.

Training dates - August 18-19, 2025

Training fees - ₹ 10,000 + applicable taxes