Money laundering has long plagued India, from the Commonwealth Games case to the 2G scam. When vast sums from illicit activities enter the economy, it leads to significant and prolonged market losses.
In response, the Indian government has enacted various laws to safeguard its economy. A key example is the Prevention of Money Laundering Act (PMLA), 2002, a crucial step in combating these financial crimes. Understanding such legislative measures is essential for comprehending India’s economic resilience efforts.
Our AML training for employees is divided into two sections that include:
Persons who understand the concept and ways of money laundering along with the legal repercussions mentioned in the PMLA act will avoid getting involved in such activities. Moreover, they tend to act as whistleblowers in case they come across any illegal money transactions by their counterparts.
A company with clean financial records bodes well with the authorities. It also enjoys the trust of all its stakeholders and shareholders alike. This directly translates into the company’s reputation and productivity.
Through our AML training program, each of your employees will be able to contribute towards the financial security of your company. Due to constant monitoring of transactions, any illicit activity shall be duly reported and acted upon, saving the hard-earned honest money of your company.
There are severe penalties for not complying with the AML Act. Our AML compliance training not only teachesyour employees & other stakeholders to keep an eye out for anything suspicious in the financial department but also ensures that your company is compliant with every aspect of the act.
Overall business standards and AML act-awareness within a business will be substantially improved by the understanding of our AML Training Program, helping increase the productivity of the workforce.
Our AML online training modules will effectively communicate your company’s policies to your employees and other stakeholders.
The courses we offer are interactive with scenario-based assessment throughout to ensure absolute understanding.
We provide round the clock support to our clients to address all of their concerns and queries.
By the end of our AML course, the attendees will be well-versed with every aspect of the AML act & its compliance without being subjected to boredom.
We provide round the clock support to our clients to address all of their concerns and queries.
Since our AML training program is available on our cloud-based e-learning platform, it can easily be accessed online to suit your time and comfort.
All our courses are curated with absolute legal accuracy. At the end of the course, your employees will be well-versed with the AML act, ensuring compliance.
By offering scalable solutions, Complykaro ensures that Organisational of all sizes can access cost-efficient compliance training services. This affordability makes it an accessible choice for a wide range of businesses.
Get certified on completing our AML training program.
Our team of dedicated professionals with 75+ years of combined experience Utilise best means of creating and conducting interactive and elaborate AML training program.
Want to make sure your organisation complies with the Prevention of Money Laundering Act (PMLA)? Our Anti Money Laundering Online Training Program is the right fit for you.
Securing company’s online data handling by spreading information security awareness amongst employees.
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Encouraging your employees identify and avoid discrimination against specially-abled persons and help your organisation comply with the RPWD Act.
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Training employees through E-Learning to operate ethically and abide by the company’s code of conduct.
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Creating an inclusive workplace in your organisation by desensitising employees towards the transgender community and complying with the corresponding act.
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Anti-Money Laundering (AML) compliance refers to the policies, procedures, and controls that businesses must implement to detect and prevent money laundering and financial crimes. It is vital for safeguarding the financial system, ensuring legal compliance, and protecting businesses from reputational and regulatory risks.
Nearly every organisation in India must have some form of AML training programme. However, the Prevention of Money Laundering Act (PMLA), 2002, makes it mandatory for organisations such as banks, financial institutions, NBFCs, payment service providers, cryptocurrency exchanges, and designated non-financial businesses to be legally required to implement AML compliance programmes for their employees.
Yes, the AML training thoroughly covers regulatory obligations under the PMLA, 2002, and related rules. It equips employees with practical knowledge on reporting suspicious transactions, verifying identities, and maintaining compliance records. Contact us today for a comprehensive AML training session.
Rishab is a seasoned professional with over 9 years of invaluable hands-on experience in client-facing roles that span his career. His expertise lies in cultivating successful strategic partnerships that benefit all stakeholders. With a keen aptitude for organizational management, Rishab excels at fostering enduring client relationships. His dedication centers around enhancing Complykaro’s visibility and brand esteem. At Complykaro, Rishab spearheads pivotal responsibilities, including business development, strategic planning, and operational excellence.
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