Iibf aml kyc

Will you please give here syllabus for Indian Institute of Banking & Finance (IIBF) AML (Anti-Money Laundering) - KYC Exam ?

[Kiran Chandar]

AML (Anti-Money Laundering) - KYC Exam provide advanced knowledge and understanding in AML / KYC standards. It develop the professional competence of employees of banks.

Eligibility for IIBF AML-KYC exam :

Employees of Banks / NBFCs / Financial Institutions / Insurance Companies etc.

Fee Structure:
Members of IIBF – Rs 1124,
Non-Members – Rs 1685/-

Syllabus:
AML – Anti Money Laundering
Money Laundering - Origin - Definition - Techniques Impact on Banks - Structuring; Integration, Preventive Legislations - International Co-operation -UK; USA; India - Basel Committee - PMLA Objectives - RBI Guidelines -System Adequacy to Combat Money Laundering - Antiterrorism finance - Financial Intelligence Unit (FIU), The Financial Action Task Force (FATF) - IBA Working Group - Software for AML Screening : Money Laundering and Correspondent Banking - Exchange Companies - Foreign Branches

Know Your Customer - Introduction and overview
Customer Profile - KYC Policies - Countries Deficient in KYC Policies,Initiatives by the RBI - Organised Financial Crimes Customer - Definition under the KYC Principles - Transaction Profile - Organisational Structure - Important KYC framework in RBI prescriptions - Operating Guidelines. Introduction of new accounts - Guidelines for Opening Accounts of Companies, Trusts, Firms, Intermediaries etc., Client Accounts opened by Professional Intermediaries - Trust / Nominee or Fiduciary Accounts - Accounts of Politically Exposed Persons (PEPs) Residing Outside India, Accounts of ‘non-face-to-face’ Customers - Qualitative data - Joint accounts - Minor accounts - KYC for existing accounts - KYC for low income group customers. Monitoring Accounts - Customer research - Suspicious transactions

Contact detail :
Indian Institute of Banking & Finance
Kohinoor City
Tower-I, 2nd & 3rd Floor
Kirol Road
Off-L.B.S Marg
Kurla- West
MUMBAI - 400 070
Phone : 91 - 022 - 25039746 / 9604 / 9907
Fax : 91 - 022- 25037332