Certificate Examination in AML/KYC

Overview:

Banks have set up specialized departments to attend to functions like credit card business, housing loans, vehicle loans, trade finance, consumer loans, Bancassurance etc. Of late some of the banks have floated subsidiaries to take up these functions.

Though banks offer some training to their staff to impart essential knowledge to handle these portfolios as per their requirements, there is a need for an educational programme considering the vast area of knowledge essential for such activities.

Compliance with ‘Know Your Customer’ guidelines and ‘Anti-Money Laundering’ standards has become necessary for healthy financial relationships both by the banks / financial institutions in India.

The course aims to provide a comprehensive coverage of the various guidelines / standards / guidance notes issued by RBI / IBA / International bodies etc.