Money Laundering is emerging as one of the most serious operational risk issues with NBFCs . With money laundering assuming more and more sophisticated dimensions, financial intermediaries need to be well equipped with these new techniques being used by the perpetrators of money laundering.
The central bank has asked several non-bank finance companies (NBFCs), housing finance companies,co-,operative banks ,Commercial Banks and Financial Institutions to get their houses in order over theAnti Money Laundering Monitoring mechanism and risk based assessment by adhering to a strong KYC/AML/CFT Policy .
This workshop is to prepare the participants to understand the concept and the necessity to adhere to the guidelines of RBI in implementing Anti Money Laundering measures and follow the best practices by formulating the best KYC/CDD strateies.This will aid the participants to devise suitable policies, methodology and other risk mitigants associated with money laundering processes. The discussion will be on latest modifications in the guidelines issued by RBI which are in line with the amendments carried out in PMLA 2002.
Target audience
The programme is targeted towards the middle and senior level executives of NBFC-ND, NBFC-ND-SI , NBFC-D & IDF NBFC.
Programme highlights
Live lecture by subject expert
Participants join from their location
Graphs and charts explained by the expert on the whiteboard
Presentation and case studies shared by the trainer
Feedback uploaded by participants
Real-time Q&A session
Live chat facility for having individual /group conversations
