Sebi announces AML, CFT certification for market intermediaries

The Securities and Exchange Board of India (Sebi) has announced the launch of a certification course on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) provisions on Monday.

The course is designed to enhance the understanding of these critical concepts among securities market intermediaries.

Sebi stated that the certification aims to establish a common minimum knowledge benchmark for employees and associated persons within the sector, as per news agency PTI report.

It will cover topics such as AML and CFT principles, provisions under the Prevention of Money Laundering Act (PMLA), PML Rules, and relevant sections of the Sebi Act and Companies Act.

The course is also focused on promoting awareness of guidelines related to AML standards, CFT, and proliferation financing, further supporting market intermediaries in complying with these regulations.

This initiative is part of Sebi’s ongoing efforts to strengthen the capital market. It has previously organized outreach programs to raise awareness about AML and CFT provisions, helping market participants stay informed.

The certification, titled AML and CFT Provisions in Securities Market Certification Examination, has been developed in collaboration with the National Institute of Securities Markets (NISM).

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