Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT)
Dr Madhusoodanan PR
Programme Director
This training programme is aligned to the Karmayogi competency on AML & CFT
PROGRAMME OVERVIEW
Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT) is one of the major requirements by almost all central banks and other financial regulators. It is important to highlight the fact that just in the past 10 years the global banks paid over USD 300 billion in fines to various financial regulators. India, being a global power, has been active in various global AML/CFT agencies such as FATF, APG and EAG in fighting financial crimes. Our Prime Minister's long-term pledge to crackdown financial crimes also highlights the priority of AML/CFT in the country's policy framework. Against this backdrop, the current programme is designed to equip the executives from banks, financial institutions, and intermediaries etc. with all necessary understanding to evolve them as more effective AML/CFT leaders in industry.
IMPACT
• Understand the process and methods of Money Laundering and major risk areas.
• To be able to assess AML risks in the Fintech world.
• Understand the measures and actions taken by regulators and other organizations.
• To be aware of the monitoring, recording and reporting processes.
• Differentiate sanctions and penalties for investors, institutions and individuals.
• To have an exposure to money laundering investigations.
CONTENT
The programme will discuss the following areas:
Money laundering – Introduction, process and methods; International and national regulatory framework and cooperation; KYC, CDD guidelines and practices; Monitoring and Reporting; Record keeping; Financing of terrorism; Threats and red flags; Sanctions; Trade Based Money Laundering; Money Laundering Investigations; investor education and Cases.
PEDAGOGY
The programme will be delivered through lectures, case studies and practices. Sessions will be handled by seasoned experts from industry, regulators and investigators.
TARGET AUDIENCE
Practicing senior and middle level executives in banks, NBFCs, capital market intermediaries, regulators, management consultants and anyone in compliance departments of financial institutions.
Organisational sponsorship is essential
VENUE
The programme is fully residential and the participants will be accommodated in air conditioned single occupancy rooms. The college does not provide accommodation for the family. The college is Wi-Fi enabled in a comprehensive way.
DURATION
The programme duration is 3 days starting from July 02 - 04, 2025. The participants are expected to arrive aday before commencement and may leave after the conclusion of the programme.
PROGRAMME FEE
Residential Fee: Rs. 43,700/- (US $683 for foreigners) plus GST as applicable (presently 18%) per participant. The fee covers tuition, board and lodging, courseware (in electronic form) and other facilities of
the College including internet usage
.
Non-Residential Fee: Rs. 37,700/- plus GST as applicable (presently 18%) per participant. The fee covers tuition, course ware (in electronic form) working lunch and other facilities of the College including internet usage.
A discount of 10% on the Programme fee for three or more participants from the same organisation will be given, provided the payment is credited into our Bank account before June 30, 2025.
Note: Kindly forward us the details of Bank/Wire transfer of programme fee to poffice @asci.org.in for confirmation.
MEDICAL INSURANCE
The nominees are requested to carry with them the proof of Medical Insurance. The sponsoring agency is required to endorse the nominees' medical coverage in the event of hospitalization
LAST DATE FOR NOMINATION
Please use the prescribed/attached form. Last date for receiving nominations is June 19, 2025. Kindly contact Programmes Officer for further details (contact details are given at the end of the nomination form).
LAST DATE FOR WITHDRAWAL
June 26, 2025. Any withdrawals after this date will entail forfeiture of fee paid, if any.
ASCI ALUMNI ASSOCIATION
Participants of the College programmes will automatically become members of the ASCI alumni association.
CERTIFICATE OF PARTICIPATION
The College issues a Certificate of Participation on conclusion of the programme.
For Indian Participants:
| Bank Account Number | 62090698675 |
|---|---|
| Beneficiary Name | Administrative Staff College of India |
| IFSC Code | SBIN0020063 |
| Bank Name | State Bank of India |
| Branch Address | Bellavista Branch, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082. |
For Foreign Participants:
| Bank Account Number | 62090698675 |
|---|---|
| Beneficiary Name | Administrative Staff College of India |
| Swift Code | SBININBB327 |
| Bank Name | State Bank of India |
| Branch Address | Bellavista Branch, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082. |
| Country | India |
Administrative Staff College of India
Bella Vista, Raj Bhavan Road, Khairatabad, Hyderabad - 500 082, India.
Telefax (Programmes Office) : 0091-40-23324365
Mobile: 9246203535, Phone : 0091-40-66534247
Fax : 0091-40-66534356
ASCI is the first Management Development Institution set up in the country at the instance of the Government of India and industry in 1956 to impart state-of-the-art management education for practicing managers, a legacy that we proudly take forward with a strong alumni of over 1,63,000. We are proud of our alumni which includes the leaders of Indian industry and senior Civil Servants in the government, public sector undertakings to be a part of this unique organisation. We are thankful to you all for the support extended in the past and look forward to your continuing patronage in 2023-24.
Also, ASCI conducts customized programmes for Government of India, State Governments, Public Sector, Private Sector and various international organisations. Our experienced faculty bring to the table a wealth of academic credentials, rich industry exposure and act as a catalyst in the classroom discussions, case study analyses and tutorials. Our faculty also conduct international programmes which provide an exposure to the global best practices. In addition to this, faculty at ASCI also carry out large number of management research activities (typically about 100 each year) which helps them provide the much needed value addition in the training programmes. In addition, we conduct non-residential programmes at our New Delhi Centre as well as off-campus programmesat the venue of the client’s choice
College Park Campus
ASCI, Road No.3, Banjara Hills,
Hydeabad-500 034, Telangana, India
+91-40-66720700/01/02/05
+91-40-66720725
Delhi Campus
ASCI, C-24,Institutional Area, South of IIT
Behind Qutub Hotel, New Delhi-110016.
+91-11-26962204,26961750,26961850
+91-11-26866097