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Certified AML & Financial Crime Professional – India (Level 1)

This course provides a comprehensive foundation in Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and sanctions within the Indian and global regulatory context. It is designed to help learners understand how financial systems are used and misused, and the role of financial institutions as gatekeepers in managing financial crime risks. The program covers key concepts including money laundering stages, predicate offences, terrorist financing typologies, sanctions frameworks, and KYC/CDD controls. It emphasises a risk-based approach, professional judgement, and real-world application rather than rule-based compliance. By the end of the course, learners will be equipped to identify suspicious behaviour, assess risk, and contribute effectively to AML/CFT compliance frameworks.

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Course Overview

This Level 1 certification introduces the core principles of AML, CFT, and sanctions, with a focus on India’s evolving risk landscape. The course explores how financial crime occurs within modern financial systems and how institutions are expected to detect, assess, and manage these risks through risk-based controls, behavioural analysis, and informed decision-making.

Course Curriculum

5 Subjects

Module 1: Foundations of AML, CFT & Sanctions

14 Learning Materials

1. Origins and Purpose of AML & CFT Frameworks

Origins and Purpose of AML & CFT Frameworks

Video
00:01:18

2. Evolution of Global AML Standards

Evolution of Global AML Standards

3. India’s AML Journey and Risk Landscape

India’s AML Journey and Risk Landscape

4. Financial Systems as Enablers of Crime

Financial Systems as Enablers of Crime

5. Defining Money Laundering (Legal & Practical)

Defining Money Laundering: Legal and Practical Perspectives

6. Stages of Money Laundering (Deep Dive)

Stages of Money Laundering: A Deep Dive

7. Criminal Predicate Offences (India & Global)

Criminal Predicate Offences: India and Global Context

8. Terrorist Financing: Concepts and Contrasts

Terrorist Financing: Concepts and Contrasts with Money Laundering

9. Terrorist Financing Typologies

Terrorist Financing Typologies

10. Role of Financial Institutions in CFT

Role of Financial Institutions in Countering Terrorist Financing (CFT)

11. Sanctions: Objectives and Policy Rationale

Sanctions: Objectives and Policy Rationale

12. Types of Sanctions (UN, National, Sectoral)

Types of Sanctions: UN, National, and Sectoral

13. Financial Institutions’ Sanctions Obligations

Financial Institutions’ Sanctions Obligations

14. Sanctions Risk in a Globalised Ecosystem

Sanctions Risk in a Globalised Ecosystem

AML/CFT

Module 2: KYC, CDD & Onboarding Controls

14 Learning Materials

2.1 KYC as a Risk Management Control

KYC as a Risk Management Control

2.2 Regulatory Intent Behind KYC

Regulatory Intent Behind KYC

2.3 Customer Identification and Verification

Customer Identification and Verification

2.4 Risk-Based Approach to Customer Due Diligence (CDD)

Risk-Based Approach to Customer Due Diligence (CDD)

2.5 Customer Risk Factors Explained

Customer Risk Factors Explained

2.6 Individual vs Non-Individual Customers

Individual vs Non-Individual Customers

2.7 Beneficial Ownership: Concepts and Challenges

Beneficial Ownership: Concepts and Challenges

2.8 Enhanced Due Diligence (EDD)

Enhanced Due Diligence (EDD)

2.9 Politically Exposed Persons (PEPs)

Politically Exposed Persons (PEPs)

2.10 High-Risk Jurisdictions and High-Risk Products

High-Risk Jurisdictions and High-Risk Products

2.11 Source of Funds vs Source of Wealth

Source of Funds vs Source of Wealth

2.12 Ongoing Due Diligence and Continuous Monitoring

Ongoing Due Diligence and Continuous Monitoring

2.13 KYC Failures and Supervisory Findings

KYC Failures and Supervisory Findings

2.14 Technology, Automation and Human Judgement in KYC

Technology, Automation and Human Judgement in KYC

Module 3: Financial Crime Typologies

14 Learning Materials

3.1 Understanding Typologies as Risk Signals

Understanding Typologies as Risk Signals

3.2 Mule Accounts and Proxy Activity

Mule Accounts and Proxy Activity

3.3 Structuring and Threshold Avoidance

Structuring and Threshold Avoidance

3.4 Shell Companies and Front Entities

Shell Companies and Front Entities

3.5 Ownership, Control, and Abuse of Corporate Structures

Ownership, Control, and Abuse of Corporate Structures

3.6 Layering Through Corporate and Informal Structures

Layering Through Corporate and Informal Structures

3.7 Digital Payments and Fintech Typologies

Digital Payments and Fintech Typologies

3.8 Velocity, Volume, and Platform-Hopping Behaviour

Velocity, Volume, and Platform-Hopping Behaviour

3.9 Misuse of Wallets, BNPL, and Emerging Instruments

Misuse of Wallets, BNPL, and Emerging Instruments

3.10 Fraud–AML Overlaps and Convergence Risks

Fraud–AML Overlaps and Convergence Risks

3.11 Red Flags vs Suspicion

Red Flags vs Suspicion

3.12 Behavioural Indicators and Escalation Discipline

Behavioural Indicators and Escalation Discipline

3.13 Typologies in Indian Enforcement Actions

Typologies in Indian Enforcement Actions

3.14 Limits of Typology-Based Detection

Limits of Typology-Based Detection

Module 4: Regulatory Landscape (India & Global)

4 Learning Materials

4.1 India’s AML Legal Architecture

India’s AML Legal Architecture

4.2 Prevention of Money Laundering Act (PMLA)

Prevention of Money Laundering Act (PMLA)

4.3 Obligations of Regulated Entities

Obligations of Regulated Entities

4.4 Role and Function of FIU-IND

Role and Function of FIU-IND

Module 5: AML Governance, Roles & Professional Journey

1 Exercises • 4 Learning Materials

AML/CFT

5.1 AML Governance Structures

AML Governance Structures

5.2 Three Lines of Defence

Three Lines of Defence

5.3 Role of Frontline and Operations Teams

Role of Frontline and Operations Teams

5.4 Role of Compliance and the MLRO

Role of Compliance and the MLRO

Exam

Test

Exercise

Course Instructor