Certified Anti-Money Laundering Manager (CALM)

An eLearning course in Anti-Money Laundering and Combating the Financing of Terrorism

About the Course


Money laundering is a growing menace and it is the biggest concern for governments around the world. Global measures taken to combat drug trafficking, terrorism and other organized and serious crimes have all emphasized the need for financial institutions, including securities market intermediaries, to establish internal procedures that effectively serve to prevent and impede money laundering and terrorist financing. To be in compliance with these obligations, the senior management of a registered intermediary shall be fully committed to establishing appropriate policies and procedures for the prevention of ML and TF and ensuring their effectiveness and compliance with all relevant legal and regulatory requirements.

Anti-Money Laundering (AML) includes policies, rules, and regulations. These are designed to prevent financial crimes. AML is a global acronym for preventing money laundering. To prevent financial crimes, global and local authorities are created around the world. All these agencies develop AML policies. Companies must follow these AML regulations, but doing so can be a difficult task. Companies have AML compliance departments in place to ensure AML compliance.

To address this important issue of Money Laundering and Financing Terrorism, NISM is offering a self-paced eLearning certification course, which will help the intermediaries and the professionals working in this area to be fully aware of the concepts, regulatory framework, money laundering vulnerabilities, risk & governance etc.

Learning these will help professionals working in Financial Intermediaries and MIIs to learn “what” and “how” aspects of Anti Money Laundering.

This course offers approx. 60 hours of online learning through video lectures and text material for reference (in soft form); candidates who participate in this program will be issued the CALM certificate by NISM, once they clear a proctored test.

Why you should take this course?


The most important weapon in combating financial crimes is awareness. A comprehensive and a holistic awareness course which will enable the participants to identify potential and suspicious transactions and clients which helps in identification and prevention of financial crimes. Certified Anti-Money Laundering Manger (CALM) addresses this need and helps financial intermediaries to be fully cognizant of their challenges and regulatory expectations. To this effect, the CALM course blends concepts, regulations and practical experience, so as to offer a path-breaking and unique solution to this problem. This course will help organizations to develop better AML Framework, create awareness amongst employees and can also be used for continuing education purposes.

Course Content

The course has 7 modules comprising of around 47 sessions. For detailed list of content download the course brochure.

Module 1

Introduction to AML/ CFT

Module 2

Legal & Regulatory Framework

Module 3

Core Concepts

Module 4

Money Laundering Vulnerabilities

Module 5

Transaction Monitoring & Reporting

Module 6

Other International Agencies

Module 7

Risk & Governance

Other Details


Fee Structure

For Individual Candidates, the Course fee would be Rs.9000/- plus taxes per candidate. Corporate entities representing intermediaries in Securities Markets, Banks, Financial Institutions, etc. with 2 or more candidates can avail bulk registration facility by paying the discounted Course fee of Rs.7500/- plus taxes per candidate.

Learning Mode

The Course is designed in an e-Learning mode so that working professionals can complete the same at their own pace and time. Access to course content will be valid for a period of 6 months from the date of registration. This access can be extended for a period of 3 more months by paying the course extension fee. The course can be accessed on desktop/ laptop/ tablet/ mobile.

Examination

The exams will be conducted online in proctored mode. It will be multiple choice based consisting 100 questions and 2 hours’ duration. There will be no negative marking. Exams are scheduled every quarter (March, June, September, December). The dates for the exam will be declared at least 15 days in advance.

Certificate

Upon successful completion of the examination candidates will receive the CALM certificate. The certificate will be emailed by NISM directly to the successful candidates.

Frequently Asked Questions


What does the course offer?

Course offers close to 60 hrs of learning in Anti Money Laundering (AML) and Combatting the Financing of Terrorism (CFT).

How much is the course fee?

For Individual Candidates, the Course fee would be Rs.9000/- plus taxes per candidate.

Corporate entities representing intermediaries in Securities Markets, Banks, Financial Institutions, etc. with 2 or more candidates can avail bulk registration facility by paying the discounted Course fee of Rs.7500/- plus taxes per candidate.

What is the time period for accessing the course?

Access to course content will be valid for a period of 6 months from the date of registration. If a candidate is unable to complete the course within this period, he/she can extend the access period for 3 more months by paying an additional fee of Rs.3000/- plus taxes.

What are the eligibility criteria for extension?

A candidate shall be eligible for extension upon payment of the extension fee, subject to the candidate’s initial six (6) months enrolment period in the course has not already lapsed. A course extension provides an additional three (3) months and will be calculated from the initial enrolment expiry date.

Is the course online only?

Yes, the course is in self-paced eLearning mode.

How can I access the online learning modules?

Once registered, the user id and password will be shared with the candidate. The online course can be accessed using the credentials.

Can I access the modules on my mobile/ tablet?

Yes, the course can be accessed on mobile/ tablet.

Can I download the modules?

No, the course modules are only accessible for reading/ watching/ listening.

How many times can I access the modules?

The modules can be accessed as many times within the validity period.

What is the exam schedule?

The exams are scheduled every quarter (March, June, September, December). The dates for the exam will be declared at least 15 days in advance. Those wishing to take the exam have to register for it. The minimum study period for the course is 45 days – which means the gap between course registration and exam has to be 45 days. All 7 modules must be completed before registering for the exam.

How will the exam be conducted?

The exam will be conducted online in proctored mode using your laptop’s webcam and microphone.

How to register and access the course?

Candidates can register for the course by clicking on the ‘register’ button/ link given on this page. Once registered by NISM, candidates will be given access to NISM’s eLearning platform for 6 months from the date of their registration. The access can be extended for an additional 3 months.

Is bulk registration possible?

Yes. For bulk registration, write to elearning@nism.ac.in

Will there be any contact classes for this course?

Depending on request from registered candidates, online interactive sessions shall be arranged by NISM.

What if a candidate does not clear the exam in the first attempt?

The candidate will have to re-appear for the exam.

How many re-attempts are allowed?

Only one re-attempt is allowed. In all candidate will have two attempts to clear the examination.

What is the passing percentage?

Minimum of 60% marks is required to pass.

Is there negative marking for wrong answers?

There is no negative marking.

What will be the exam duration?

Exam duration is 120 minutes and will have 100 Multiple Choice Questions.

What is the cancellation/ refund policy?

Cancellation/ refund is not permitted.

Is there an age limit?

No. There is no age limit.

How can I get help with technical issues while accessing the modules online?

For technical help you may call Kiran 022-66735153/ Vinay 022-66735142 (Monday to Friday 9:30 AM till 5:30 PM) or email at elearning@nism.ac.in

How will the certificate be awarded to candidates?

Upon successful completion, candidates will be able to download the CALM certificate from their dashboard. Alternatively, certificate will be emailed to the registered email ID of the candidates.

About NISM

The National Institute of Securities Markets (NISM) is an educational initiative of the Securities and Exchange Board of India (SEBI). A comprehensive understanding of activities of NISM can be formed by visiting www.nism.ac.in. NISM carries out a wide range of capacity building activities at various levels aimed at enhancing the quality standards of and increasing the participation in the securities markets.

Knowledge Partner: Kris Konsulting

Kris Konsulting® is a boutique Consulting focusing on Risk, Compliance of People and Process. Started in 2019, within a short span of time, has created a niche presence in the areas of advisory, training and mentoring, working with marquee domestic and global organisations.

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