Sebi Launches Certification to Strengthen AML and CFT Knowledge

Sebi has introduced a certification course to enhance understanding of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) among securities market intermediaries. This new course seeks to establish a fundamental knowledge base in AML and CFT, promoting awareness and compliance within the capital markets.

Sebi announced on Monday that it is launching a certification course designed to increase knowledge of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) within securities market intermediaries. This initiative aims to create a foundation of understanding for employees and associates, ensuring awareness of AML and CFT concepts, related legal provisions, and scheduled offenses under both the Sebi Act and the Companies Act.

The certification will serve as a knowledge benchmark, helping market intermediaries understand guidelines related to AML standards, CFT, and proliferation financing. As part of its ongoing commitment to fortifying the capital market infrastructure, Sebi continues to organize outreach programs focused on these crucial provisions.

The development of this course, named the 'AML and CFT Provisions in Securities Market Certification Examination', is a collaborative effort between Sebi and the National Institute of Securities Market (NISM). This is part of broader efforts to raise awareness and ensure compliance with AML and CFT regulations among market participants.