Anti Money Laundering Certification in India

Certified Anti Money Laundering Expert is the person who completes the uniform examination offered by Indiaforensic. Certification is important for the professional development. AML Professionals play a crucial role in compliance.

Certified AML Experts help financial institutions to oversee anti money laundering policies and remain compliant with important regulations. RBI requires banks and financial institutions to appoint Compliance Officer to put in place anti money laundering compliance programs.

Implementing AML legislation is challenging. In India, for example, the Prevention of Money Laundering Act (PMLA), introduced in 2002, was amended many times.

As a result of these amendments, Indian financial institutions are required to navigate an increasingly complicated PMLA compliance landscape. Additionally, the events like demonetization of Currency Notes involve a significant administrative burden and serious legal consequences.

AML Compliance Officer is a principal figure responsible for overseeing the effective development and implementation of their institution’s AML program. Certification in anti money laundering becomes important factor connecting the alumni.

Anti Money Laundering Specialists discuss the challenges faced by them during the exceptional compliance events such as Demonetization. Financial crimes are evolving with the technology and compliance professionals are required to create the network of like minded professionals. The community of Certified AML Professionals is vital

  • for exchanging new ideas on compliance
  • to discuss the challenges
  • to identify the right candidates under budgetary constraints

The Certified Anti-Money Laundering Expert (CAME) is the gold standard in AML certifications and recognized by Outsourcing Giants, IT companies, financial institutions, governments and regulators as a serious commitment to protecting the financial system against money laundering.