PROGRAMME OVERVIEW

Know Your Customer (KYC) norms are evolving rapidly and are now integral to strategic business decisions in the financial sector. KYC refers to verifying customer identities to prevent financial institutions from being misused for money laundering or other illicit activities. It also helps institutions understand their customers better, enabling them to offer more tailored and secure services.

The Reserve Bank of India (RBI) has issued detailed compliance guidelines, mandated their implementation and subjected them to comprehensive regulatory reviews.In this context, the programme is designed to equip participants with a deep understanding of the
Anti-Money Laundering (AML) and KYC frameworks, relevant regulatory standards, the role of the Financial Intelligence Unit–India (FIU-IND), and the RBI’s regulatory approach.

OBJECTIVES

• To strengthen knowledge of KYC and AML procedures and their relevance in daily banking operations.
• To effectively interpret and apply the RBI’s regulatory and KYC policy frameworks.
• To understand KYC requirements across various account types and associated risk profiles.
• To explore recent developments in AML/KYC regulations and align with international best practices.

CONTENT

Day I: KYC and AML – Global and Indian Perspectives
• Overview of KYC and AML practices
• Regulatory context: Global standards and Indian framework
• RBI’s KYC norms and operating guidelines
Day II: KYC Applications and Risk-Based Management
• KYC processes for Individuals, Firms, Companies, Trusts, and Politically Exposed Persons (PEPs)
• Enterprise-wide KYC and AML Risk Management
• Risk-Based Approach (RBA) and its implementation
• Role of FIU-India and global bodies such as the FATF
Day III: Compliance, Technology, and Regulatory Interactions
• Legal framework: PMLA and FATCA
• FIU reporting and AML returns
• Red flag indicators and risk mitigation
• Leveraging technology to address compliance challenges
• Interaction session with RBI officials
Participants will emerge with actionable insights and tools to enhance their organisation’s AML/KYC compliance frameworks.

METHODOLOGY

The programme will adopt a participatory and practical approach, incorporating classroom lectures, case studies, and interactive discussions. Real-world examples and experience-sharing sessions will facilitate a deeper understanding of core concepts and their application.

FACULTY

Dr. Madhusoodanan P.R., Professor and Director of the Centre for Economics and Finance, will lead the programme. He brings extensive international and national experience in industry, policy-making, teaching, and training, particularly in FCC compliance, economics, finance, and global investment banking. The faculty team will include distinguished civil servants, regulators, practitioners, and College faculty members.

PARTICIPANT PROFILE

This programme is ideally suited for Officers and Executives from Banks, Financial Institutions,Insurance Companies, and NBFCs involved in KYC, Customer Due Diligence (CDD), and AML compliance. It is also relevant for Compliance Officers, Data Security Officers, Financial Crime Risk Professionals, and individuals aspiring to build a career in KYC/AML operations.

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 August 20 -22,2025. The participants are expected to arrive a day 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 August 18, 2025.

Note: Kindly forward us the details of the Bank/ Wire transfer of the programme fee through email to: [email protected] 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 August 06, 2025. Kindly contact Programmes Officer for further details (contact details are given at the end of the nomination form).

LAST DATE FOR WITHDRAWAL

August 13, 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 alumniassociation.

CERTIFICATE OF PARTICIPATION

The College issues a Certificate of Participation on conclusion of the programme.