30th Batch Certificate Course on Anti- Money Laundering Laws (AML) Specialist -12 Batch in online Mode from 25th May - 29th June 2026 , from 2:00 PM - 5:00 PM, organized by Commercial Laws & Economic Advisory Committee". - (Every Monday, Wednesday, Friday from 02:00PM - 05:00 PM)
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Archives
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Course Modules:
- Module- I: Introduction and Legislative Background
- Module- II
- Module- III: Overview of Allied Laws w.r.t. AML compliances
- Module- IV: Interplay of other Laws in AML - Compliances & Procedures
- Module- IV: Interplay of other Laws in AML - Compliances & Procedures
- Module- V: KYC, Customer Profiling & Regulatory Framework in India
- Module- VI: Management Obligations & the Risk Based Approach for AML
- Module- VII: Money Laundering in specific sectors and Evolution of Virtual Money & Assets
- Module- VIII: Global Legal and Regulatory Structures for AML
- Module- IX: Practice Development & Advocacy for Chartered Accountants
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Module- I: Introduction and Legislative Background
- Origin and Legislative background of Anti Money Laundering Laws
- Definition, Size & reasons for Money Laundering
- Origin of Money Laundering Transactions
- Methods of Money Laundering and Terror Financing
- International Initiatives to curb Money laundering
- Overview of International Conventions and Resolutions (Vienna Convention/ Strasbourg Convention/OECD Convention on Corruption/ United Nations Convention against Corruption)
- Sanctions
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Module- II
- Detailed Understanding of the Prevention of Money Laundering Act, 2002 including Rules & Regulations framed thereunder with case laws
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Module- III: Overview of Allied Laws w.r.t. AML compliances
- The Prohibition of Benami Property Transactions Act, 1988
- The Black Money (Undisclosed Foreign Income and Assets) And Imposition of Tax Act, 2015
- The Fugitive Economic Offenders Act, 2018
- The Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988
- The Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (COFEPOSA)
- The Prevention of Corruption Act, 1988
- The Central Vigilance Commission Act, 2003
- The Banking Regulation Act ,1949
- The Reserve Bank of India (RBI) Act, 1934
- The Securities and Exchange Board of India (SEBI) Act, 1992
- The Insurance Act, 1938
- The Insurance Regulatory and Development Authority (IRDA) Act 1999
- The Foreign Exchange Management Act (FEMA), 1999
- Any new legislation having impact on AML, introduced from time to time
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Module- IV : Interplay of other Laws in AML - Compliances & Procedures
- Bharatiya Nyaya Sanhita (BNS), 2023 (Formerly Indian Penal Code, 1860)
- Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023 (Formerly Code of Criminal Procedure, 1973)
- The Civil Procedure Code, 1908
- Bharatiya Sakshya Adhiniyam, 2023 (BSA) (Formerly Indian Evidence Act, 1872)
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Module- V: KYC, Customer Profiling & Regulatory Framework in India
- Identifying, dealing and reporting with suspicious transactions & Money Laundering Test
- Designing a comprehensive AML framework
- Risk based customer due diligence (CDD) including Enhanced Due Diligence (EDD) and Unwrapping Beneficial Ownership, customer risk profiling and on- going monitoring
- Suspicious activities/suspicious transactions reporting and dealing with entities
- Client Due Diligence, Know Your Customer Guidelines & Practical Aspects related to KYC
- Politically Exposed Persons (PEPs)
- Client confidentiality & handling risk of tipping off
- Regulatory Requirements for Designated Non-Financial Business and Professions (DNFBPs) under PMLA
- Financial Intelligence Units and the Basel Statement of Principles
- Combating Terror Financing and understanding related laws in India
- Role of Financial Intelligence Unit of India (FIU-Ind) and the Directorate of Enforcement
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Module- VI: Management Obligations & the Risk Based Approach for AML
- Understanding Risk based approach
- Formulating AML Policies and Procedures within organisation
- Monitoring and compliance
- Resources
- Risk assessment of banks
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Module- VII: Money Laundering in specific sectors and Evolution of Virtual Money & Assets
- Emerging Modus Operandi for Money Laundering/Sector Specific issues of Money laundering and Global Trends (with reference to Case Studies and Case Laws)
- Emerging technologies and new payment methods
- Trade Based Money Laundering
- Money Laundering Risk in Capital Markets, Banking, Insurance and NBFC Sectors, Real Estate Sector, Not-for-Profit Sectors
- Understanding virtual currencies & virtual assets
- Establishment of Money & Fund Trail and Forensic Analysis & Audit Aspects
- Modern Methodology of Evidence Gathering in cases of fraud / PMLA
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Module- VIII: Global Legal and Regulatory Structures for AML
- Economic Sanctions
- Global Regulations- Overview of regulations in US, UK, UAE and other countries
- Foreign Account Tax Compliance Act - What is FATCA, Objective, Overview of FATCA provisions, FATCA Joint Statement and Non-Compliance with FATCA
- Recommendations of FATF
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Module- IX: Practice Development & Advocacy for Chartered Accountants
- Practice Opportunities after certification
- Practical, relevant topics with industry applications
- Overview of industry size, scope, and emerging areas
- Accreditation and Empanelment with Arbitration Institutions
- Ethical practice, pro bono services, community contribution
- Use of social media, branding, and digital networking for practice expansion
- Presentations before adjudicating bodies
- Interacting with authorities and regulators
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Archives - Certificate Course on Anti Money laundering Laws (Anti- Money Laundering Specialist)
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Last Updated on 06th May, 2026
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