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