Certified Anti Money Laundering Expert program is emerging as the first line of defense in the fight against financial crime risks. As financial crimes are evolving, the CAME program is changing its nature. This package is one of the Best AML certification bundles offered to AML compliance professionals.
The demand for compliance officers has increased exponentially in the finance sector because of numerous billion-dollar fines, the growing importance of data analytics, and fintech or regtech diversification in the financial services industry. There is an increase in the compliance budget and the demand for AML professionals is growing to run effective aml compliance programs. Although AML and compliance have created stable and fulfilling positions and career paths, they are not for everyone. This job is demanding. It requires special AML training. Considering the needs of the industry and the jobs, we have carved a special program for compliance aspirants.
Advanced AML Program for Compliance Professionals
The Certified Anti-Money Laundering Expert program is curated by Indiaforensic which is one of the leading certifications in India that consolidates various resources under one program.
In 2007, this course was launched by CA Mayur Joshi. It is the premier certification in India in the AML and Compliance domain. Additionally, the CAME course was a self-paced learning course. But as the education system changed and technology upgraded, classroom training became the need of an hour. Hence Indiaforensic has taken a step ahead to launch Online AML Training for the compliance domain.
The aspirants will develop the required skill set to become KYC AML Compliance officer. Certified Anti Money Laundering Expert is a program that helps people in banking, law enforcement, and compliance learn the right stuff. When they go to class, they pick up skills about Anti Money Laundering rules. That's why it's a program that gives you useful knowledge.
Modules covered in Online Live AML Training
This course has premier recognition. Because the syllabus of Certified Anti-Money Laundering is vast and dynamic. The Certified Anti-Money Laundering Expert training program also helps the aspirants to become AML Specialists. Following is the curriculum of the course:
- History of Anti Money Laundering and Terrorist Financing
- Customer KYC (First step towards AML)
- Transaction Monitoring
- Regulatory Reporting - Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) also known as Suspicious Transaction Report or STR in India
- Response to Law Enforcement Agency Notices and Investigations
- Red Flag Indicators
- How to conduct Enhanced Due Diligence (Risk based approach)
- Introduction to Shell Companies and How to Identify Ultimate Beneficial Owners
During the course, the mentor pauses between the learning parts to share real-life examples of various situations. This makes it easier for students to grasp how things actually happen in real life. The course deals with subjects like real estate and casinos and also includes important rules like the 40 recommendations from the Financial Action Task Force (FATF), along with laws like the Bank Secrecy Act and the Patriot Act.
It also talks about different rules like the Financial Crimes Enforcement Network and the International Monetary Fund (IMF). FINCEN works as a money detective for the United States. The IMF helps FATF check if countries follow AML rules and find ways they can do even better.
When we use AML/CFT controls the right way, they help us stop bad things from happening with money. These controls make sure that criminal activities with money don't hurt us. They also help keep our money system safe and steady.
Who is a Certified Anti-Money Laundering Expert?
A Certified Anti-Money Laundering Expert is a person who specializes in the prevention, detection, and also investigation of money laundering red flags and anti-money laundering regulations. It is also a person who has gained knowledge in the AML and compliance domain. Demand for CAME professionals is continuously growing.
By pursuing AML Training, banking professionals display their commitment to the development of their AML skills. Moreover, businesses are promoting their employees to take up CAME certification. Because it demonstrates the commitment of financial institutions that employ CAME professionals to combat financial crimes.
Learning Outcome from the AML Training
The Certified Anti-Money Laundering Expert is one of the premier certifications for AML professionals. Following are the learning outcomes from the certifications:
- 12+ Hours of Live Online Classroom Sessions for the CAME aspirants
- Exhaustive Curriculum providing in-depth knowledge on AML KYC.
- Discussion of Practical Scenarios through case studies.
- Assessment of Knowledge and skillsets through examination.
- Certification as an Anti-Money Laundering Expert
- Complimentary E-learning Certification on International AML Guidelines
Conclusion
So to conclude, in the words of Min Zhu, Deputy Managing Director of the IMF, "We need strong rules against money laundering and stopping the bad guys from funding terrorism. These rules are important to keep the financial system fair and safe. They help us stop people from doing bad things with money and keep our markets honest". CAME Is the first step in the right direction.
Contact us
Please feel free to contact us at +91-9766594401 to get more details about the Enhanced AML Certification Course offered by Indiaforensic. Additionally, you can also write to us on education@indiaforensic.com