Certified AML-KYC Compliance Officer Este curso é ministrado em inglês

Course details

Vskills 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.

Why should one take this certification?
The certification is aimed at enhancing the quality of compliance with the directions of RBI in combating illegal operations and movement of funds through the use of banking channels. KYC and Anti Money Laundering operations have assumed added importance owing to the security risk that it poses to the country, and also to maintain the financial health of the institutions.

Who will benefit from taking this certification?
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.

Companies that hire Vskills AML- KYC Compliance Officer
Vskills Certified AML- KYC Compliance Officer can find employment in all kind of finance and banking companies, big or small, since maintaining AML and KYC compliance is a crucial part for them.

Table of Contents

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
• Effects of Money Laundering
• Economic Effects
• Terrorist Financing
• Informal Value Transfer Systems
• Suspicious Conduct and Transactions
• Unusual Transactions
• Non-Face-to-Face Customers
• Politically Exposed Persons

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
• BASEL Committee
• European Union Directives on Money Laundering
• UK Regulatory Framework
• UN RESOLUTIONS
• The Wolfsberg Principles
• US Regulatory Framework
• Other Global Initiatives
• Money Laundering Avoidance Software

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
• Internal Investigations
• Closing the Account
• Mutual Legal Assistance Treaties
• Financial Intelligence Units

Customer Risk Categorization (CRC)

• Customer Risk
• Need for Risk Categorization
• Customer Acceptance Policy (CAP)
• Customer Identification Procedure (CIP)
• Customer Due Diligence (CDD)
• Risk Scoring Model

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
• Training Program

KYC – Updation

• Need for KYC Updation
• Approach for KYC Updation
• Scope of KYC Updation

Ultima actualização em  06 July, 2019