Background:
Anti-money laundering is a term mainly used in the finance and legal industries to describe the controls that require financial institutions and other regulated entities to prevent or report money laundering activities. Anti-money laundering guidelines came into prominence globally after the enactment of USA Patriot Act. Today, all financial institutions globally are required to monitor, investigate and report transactions of a suspicious nature to the financial intelligence unit of the Central Bank in the respective country.
Objectives: Putting in place an Anti Money Laundering compliance system is an important part of the operational risk management system of the NBFC. This one day seminar will enable the participants to understand how to comply with AML regulations from international experts of FSVC.
Target audience: Senior Managers from Banks, central bank and NBFCs will find the programme extremely useful.
Date: OCT 2007 [exact date will be intimated]
Venue: IFMR Chennai
Fee: Rs. 2000
Course Co-ordinator: Practioners from FSVC
|
