Certified AML KYC Compliance Officer
4.7 /5- Offered byVSkills
Certified AML KYC Compliance Officer at VSkills Overview
Duration | 14 hours |
Total fee | ₹3,499 |
Mode of learning | Online |
Credential | Certificate |
Future job roles | Business Law, Business Strategy, Business Writing |
Certified AML KYC Compliance Officer at VSkills Highlights
- Earn a certificate of completion from Vskills
- Get Lifelong e-learning access
Certified AML KYC Compliance Officer at VSkills 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
- Vskills Certified AML/KYC Officer finds employment in banking and banking ancillary firms, security and audit firms, and other small and medium enterprises
- 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
Certified AML KYC Compliance Officer at VSkills Curriculum
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
Other courses offered by VSkills
Student Forum
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