Certified AML- KYC Compliance Officer
Course
Online
*Indicative price
Original amount in USD:
$ 125
Description
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Type
Course
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Level
Intermediate
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Methodology
Online
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Duration
Flexible
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Start date
Different dates available
This certification in KYC (Know Your Customer) and Anti Money Laundering Operation, is one of the first certifications in this area of banking sector. A Vskills Certified AML/KYC Officer finds employment in banking and banking ancillary firms, security and audit firms, and other small and medium enterprises.
Facilities
Location
Start date
Start date
About this course
KYC and Anti Money Laundering certification is being increasingly taken by a large number of working professionals in banking and finance field. Also, students desirous of entering banking and finance sector, find this certification as a useful addition to their CV.
Reviews
Subjects
- IT risk
- Banking
- Audit
- Anti-money Laundering
- Compliance
- Accounts
- Risk
- Monitoring
- Technology
- Legislation
- Money laundering
- International Cooperation
- Global Phenomenon
- Process & Methods
- IBA Working
- AML Measures
- Combating Financing
Teachers and trainers (1)
Name Name
Teacher
Course programme
Introduction
- What is Money Laundering?
- Prevention of Money Laundering Act, 2002
- Global Phenomenon
- Tainted Money or Dirty Money
- Washing of “Dirty” Money
- Money Laundering – Case Studies
Money Laundering - Process & Methods
- Process of Money Laundering
- Process of Money Laundering – Case Studies
- Methods used for Money Laundering
- Role of Technology
- Sources of Tainted Money
Legislation & International Cooperation
- Legislations against Money Laundering
- Financial Action Task Force (FATF)
- Anti-Money Laundering Measures in India
- RBI Guidelines regarding AML
- Role of IBA Working Group
- Technology in AML Measures
Role of Correspondent Banking
- Introduction
- Policies and Measures
- Wire Transfer
- Role of Ordering, Intermediary and Beneficiary banks
KYC – Know your customer
- Basic Definitions
- Customer Profile
- BASEL Committee on KYC Policies
- KYC Policies and RBI’s Initiative
- Organizational Structure in Banks
KYC - Operating Guidelines
- Customer Profiling
- Opening of Accounts
- Suggested Safeguards
- Closure of Accounts
- Monitoring of Accounts
- Credit Cards/Debit Cards/Smart Cards/Gift Cards
- ‘At Par’ Cheque Facility
- Combating Financing of Terrorism
- Jurisdictions to not apply the FATF Recommendations
Internal Controls and Structure In Banks
- Roles and Responsibilities of the Staff
- Roles and Responsibilities of Board of Directors and Senior Management
- Role and Responsibilities of the Principal Officer
- Role and Responsibilities of the Internal Audit/Internal Control Teams
- Role and Responsibilities of the Business Groups
- Designated Director
Customer Risk Categorization (CRC)
- Customer Risk
- Need for Risk Categorization
- Customer Acceptance Policy (CAP)
- Customer Identification Procedure (CIP)
- Customer Due Diligence (CDD)
Reporting Obligations
- Cash Transaction Reporting (CTR)
- Counterfeit Currency Reporting (CCR)
- Suspicious Transaction Report (STR)
- Non-Profit Organization Transaction Reports (NTRs)
Transaction Monitoring
- Approach of Banks for Monitoring of Transactions
- Essentials of Transaction Monitoring process
- Methods of Monitoring Suspicious Transaction
- Name Screening
Staff and Customer Awareness
- Training Methods
- Records of training
- Customer Awareness on AML
KYC – Updation
- Need for KYC Updation
- Approach for KYC Updation
- Scope of KYC Updation
Additional information
Certified AML- KYC Compliance Officer
*Indicative price
Original amount in USD:
$ 125