Compliance Certification courses in India

There are many Compliance Certification courses in India. Some of them are global and some of them are local.Globally, there are several renowned certifications focusing on enriching AML or Compliance related topics. To confront a growing number of threats and more savvy criminals, professionals in anti-money laundering roles need training that goes beyond the basics. There are couple of online AML Certification courses which could be helpful for the aspirants looking to enter the domain of compliance. 

Online AML Certification courses

There are multiple short term online AML Certification courses offered by Indiaforensic.

  • Certification in Trade Based Money Laundering – This is one of the only global certification programs on the subject of Trade Based Money Laundering.
  • AML Certification for Money Service Businesses – This program is designed for the money changers, exchange houses, digital currency exchanges and money exchanges to identify the suspicious transactions.
  • Shell Company Investigations – This short term AML program helps the students to understand the different types of corporate structures.
  • Risk Based Money Laundering – This online learning course discuss different aspects of risk based kyc approach and identification of the high risk customers.
  • AML Certification for the Real estate – This certification program discuss different methods of laundering money through the real estate sector.

Most of the AML Certifications in India help the professionals to get their resume up skilled by adding the certifications such as Certified Anti Money Laundering Experts (CAME). These certifications are important milestone in professional development. Certifications show that professionals are out of the crowd and are equipped with the required knowledge to work in the AML and Compliance domain.

Contents of AML Certification courses

AML Certifications help the professionals to distinguish themselves from the crowd and it also adds the knowledge and value to the professional who is studying the subject of Anti Money Laundering. Globally, there are many certifications which offer a good curriculum.

However, Money Laundering is a technical subject, which needs to be understood in the local parlance. There are different financial crime challenges faced by different countries, Drug Trafficking may be the most popular crime in Columbia but Human Trafficking may be the biggest challenge before Thailand.

Financial Terms used in every country may also differ. In such scenario the professional actually gain the insights when they study the local laws. One of the most popular AML Certifications in India is Certified Anti Money Laundering Expert Program, which is designed for the Indian bankers and compliance professionals. This program emphasize on the local laws and the local terminologies which are used by the Law enforcement agencies and the compliance professionals.

Cost of AML Certifications

Ambitious professionals always look forward to go global, however the cost of the global certifications play a major barrier in completion of the Certification process. Online AML Certifications mentioned above are helpful to the aspirants to get their compliance knowledge updated. The online certifications are also combined with the online assessments and with the certifications from the course providers.

One should do the cost benefit analysis of completion of certifications. Some AML certifications in India are focused on KYC alone. It is necessary to understand that KYC is a very very small part of the Money Laundering Process. There are many other aspects involved in the process of money laundering and the cost of certifications vary when the practical case studies are discussed.

Certified Anti Money Laundering Expert syllabus covers KYC, Trade Based Money Laundering, Prevention of Money Laundering Act etc. This program is offered by Indiaforensic Center of Studies and the payments are required to be made in Indian Rupees. It costs Rs. 18500 for an individual to complete the certification.

Domestic Students International Students
Course Registration Rs.3500 $ 70
Curriculum Fees Rs.9500 $ 180
Examination Fees Rs.2500 $ 70
Certification Fees Rs.3000 $ 80
Total Cost of Certification Rs.18500 $ 400

Professionals interested in completion of the certification course in Anti Money Laundering can reach out to Vedant on +91-9766594401