Prevention Of Money Laundering
Course Description
Find out what is money laundering and how to avoid falling prey to illegal practices through this e-Learning course on Prevention of Money Laundering. Visually enriching graphics and scenarios are used to explain the different concepts alongside an interactive evaluation at the end of course to check the learners knowledge. The topics covered under this course includes meaning and stages of money laundering, brief explanation on RFL and RBI, RFL KYC and AML program, sources of funds, importance of KYC, etc.
What You will Learn
Why this course is important?
As technology widens its scope, frauds are increasing too. It is thus, necessary to prevent oneself from such acts. Anti-money-laundering (AML) policies and procedures enable institutions to put an end to illegal transactions. The concept of money laundering, the PMLA Act, the need for KYC and due diligence are all explained with the help of infographic and scenarios on money laundering, It also highlights the importance of having an AML program and the need to maintain a risk profile of customers. This will help create awareness among employees and reduce the chances of unethical events. An interactive quiz and assessments for knowledge retention of learners ensure this course is as interesting as it is informative.
