SEBI Introduces Certification Courses on Anti-Money Laundering, Financing Terrorism

The Securities and Exchange Board of India (SEBI) has introduced two new courses on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) for the market intermediaries. According to a statement from Sebi, the training is intended to establish a basic level of awareness for workers and those connected to them regarding the principles of AML and CFT and linked topics, the PMLA and PML regulations, and scheduled offenses under the Companies Act and the Sebi Act.

According to the SEBI announcement, the seminars are designed to increase market intermediaries’ understanding of the rules pertaining to AML standards, CFT, and proliferation financing.

For the benefit of securities market intermediaries, SEBI has been conducting outreach programs centered on the Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations in an effort to improve the capital market.

Additionally, the SEBI is engaged in various initiatives to raise awareness about these provisions among participants in the securities market.

As part of this endeavor, the course named “AML and CFT Provisions in Securities Market Certification Examination” has been prepared by the Securities and Exchange Board of India (SEBI) in partnership with the National Institute of Securities Markets (NISM).

A state-of-the-art postgraduate diploma in Financial Economics and Management has been introduced by the Indian Institute of Management (IIM) Mumbai in collaboration with the edtech platform TalentSprint. A thorough grasp of key ideas, such as accounting, risk and investment management, macroeconomic trends, managerial and analytical frameworks, behavioral finance, and financial regulations, is given to participants in this program.

According to a statement from the institute, the National Stock Exchange (NSE) is the knowledge partner for this 45-credit program, which is intended for both new students and working professionals.

The program provides a combination of flexible online learning and an engaging on-campus experience at the IIM Mumbai campus. In-depth case studies, projects, and immersive learning sessions conducted by top-notch faculty will be presented to the attendees. IIM-M states that graduates who successfully complete the program will get an IIM Mumbai postgraduate degree, become alumni, and have access to a network of peers and professionals in the industry.

IIM Mumbai was earlier known as National Institute for Training in Industrial Engineering (NITIE). It was established in the year 1963. IIM Mumbai has secured sixth rank in the NIRF 2024, released by the Ministry of Education every year.