Program on Know Your Customer (KYC) and Anti Money Laundering (AML)

July 25, 2024 to July 26, 2024
Forum & Capitol, Taj President, Cuffe Parade, Mumbai


The Regulated Entities (REs) of RBI comprising of Banks, NBFCs, Financial Institutions (FIs) and the payment systems are required to adhere to the Prevention of Money-Laundering) Act, 2002 (PMLA) and the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 (PMLA Rules), which form the legal framework on Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT). This is done with an aim to prevent criminal elements from channelizing funds through the REs for Money Laundering (ML) / Terrorist Financing (TF) which could compromise the integrity and stability of the financial system. The Financial Action Task Force (FATF) established in 1989 sets standards globally and promotes effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. India, being a member of FATF, is committed to upholding measures to protect the integrity of international financial system. RBI periodically updates and advocates implementation of robust Know Your Customer and Anti-Money Laundering (KYC-AML) norms. The REs are required to adhere to the KYC-AML framework strictly, be aware of the updates and have an in-depth understanding of the risks arising out of non-compliance of the applicable stipulations.


This program seeks to provide senior executives of Banks / NBFCs / FIs and their team members to have an overview of the KYC-AML framework including measures to address the various risks associated with its non-compliance, have the latest update on the regulation and measures to strengthen the framework. The program would also update the participants on the requisite management oversight, systems & controls, segregation of duties, disseminating the approach of national agencies, trends and other related matters.

Program Highlights:

The program will deal with the following:

  • KYC and AML Measures – Regulatory perspective and recent developments
  • Supervisory Observations and Expectations on KYC, AML & CFT Compliance
  • Leveraging Advanced Technologies for AML & KYC Compliance
  • Curbing Money Laundering and Financial Crime – Issues and challenges
  • Enterprise-wide KYC & AML Risk Management
  • Legal Issues Surrounding Customer Service, Customer Identity, Identity Theft and Data Privacy
  • Transaction Monitoring
  • Case studies - recent regulatory actions against REs on account of compliance failures in respect of KYC and AML regulations
  • Trade Based Money Laundering

Participants Profile

• Heads, senior / middle-level officers working in the areas of KYC –AML Implementation and Compliance, Financial Fraud Monitoring, Financial Crime Risk Management • Heads, senior / middle-level officers of Compliance Department /Group, Internal Audit and Inspection, Enterprise Risk Management and Vigilance • Middle and senior officers of RBI and SEBI dealing with regulation and supervision relating to KYC, AML, financial frauds and financial crimes, etc.

Rs. 50000/- + @18% GST
Program Description

Nomination Form

Details of the organisation

(Country Code-STD Code-Phone Number e.g. 0091-22-XXXXXXXX)

Details of the participant

(Country Code-STD Code-Phone Number e.g. 0091-22-XXXXXXXX)


Program Conditions

a) Program fee is payable before the program.
b) Nomination may be cancelled up to seven days before the program.
c) Organisation may depute another officer for the program, if the nominated person cannot attend the program.
d) Program fee will not be refunded, if the nomination is cancelled within seven days of the program.
e) CAFRAL reserves the right to reject the nomination without assigning any reason.

Contact Details

Jyoti Kumar Pandey

Senior Program Director
+91-22-6897 0603/+91-88792 87444 


For nominations related query, please contact program officer


Pushpalata Nadar
Program and Relationship Officer
+91-22-6897 0608/+91-7709575481

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