Anti-Money Laundering – English Version
Any customer to a financial institution has to be aware of the AML policy of the bank. Hence, this is potentially a key area for questions in interviews and discussions.
Anti-Money Laundering or AML Process is an important banking procedure that enables banks to be alert for money laundering methodologies and to be able to track and monitor potential laundering accounts and relationships.
‘Know Your Customer’ (KYC) is the guiding principle behind Anti-Money Laundering (AML) measures. In other words, KYC-AML are main building blocks for the compliance in any financial institution.
This course will introduce you to money laundering which means transforming the proceeds of crime and corruption into ostensibly “legitimate” assets. It is primarily committed in order to conceal the origins of illicitly obtained money from law enforcement agencies and financial institutions. Money laundering can be done through the following steps: placement, layering and integration.
This course also explains entities and processes related to Anti-Money Laundering processes and various factors which are critical to them. You will be able to demonstrate competency in the use of language and terminology appropriate to Anti-Money Laundering.
You will also get to learn about the Prevention of Money Laundering Act (PMLA), 2000 which was enacted by Parliament in 2002 to address money laundering in India and its financing of terrorism.
Anti-money Laundering Course online – What you’ll get?
- E-learning course (duration 1 hour),
- Online Test (20 questions randomly selected out of a large question bank),
- TrainingCentral Certificate on getting passing marks (60%)
Anti money laundering course online
It is designed to provide you with a thorough understanding of the laws, processes, and regulations that are essential in preventing the entry of illegally obtained funds into the financial system. With our expertise and commitment to excellence in training, we ensure that you are equipped with the necessary tools to tackle this serious financial crime.
- Our online AML course covers all aspects of money laundering, from the fundamental concepts to the advanced techniques used by criminals. Through engaging and interactive modules, you will learn about the three-step process of money laundering, which includes placement, layering, and integration.
- Our course also focuses on the importance of compliance and the role it plays in the fight against money laundering. You will gain insights into the best practices for implementing robust Anti-Money Laundering (AML) and Know Your Customer (KYC) programs.
- By understanding the regulatory landscape and the obligations placed upon financial institutions, you will be better prepared to align with industry standards and prevent money laundering activities.
- At TrainingCentral, we understand that practical learning is key to mastering any subject. That’s why our anti-money laundering course online incorporates real-life case studies and simulations that mirror actual scenarios faced by professionals in the field.
- Through these practical exercises, you will develop the skills needed to apply your knowledge effectively and make informed decisions when it comes to identifying and reporting suspicious transactions.
- Our online platform offers you the flexibility to learn at your own pace and convenience. You can access the course materials from anywhere, at any time, allowing you to fit your studies around your busy schedule.
- Upon successful completion of our anti money laundering course online, you will receive a certificate which will serve as proof of your expertise, enhancing your professional reputation and opening doors to exciting career opportunities in banks, financial institutions, regulatory bodies, and more.
Don’t miss out on this invaluable opportunity to enhance your skills and knowledge in combating money laundering. Enroll in our anti money laundering course online today and take the first step towards becoming a trusted professional in the fight against financial crimes.
If you wish to subscribe to this course for you or employees of your organisation, please share your contact details at https://trainingcentral.co.in/contact/
|Mode of Learning
This course is essential for any professional wishing to work in the banking and finance domain – be it someone currently working in the domain or someone wishing to be employed in the industry.