The Securities and Exchange Board of India (SEBI) has launched two new courses on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) for market intermediaries. The initiative aims to establish a minimum knowledge benchmark for employees and associated persons, ensuring a comprehensive understanding of AML and CFT concepts, relevant provisions under the Prevention of Money Laundering Act (PMLA) and PML rules, and scheduled offences under the SEBI Act and the Companies Act.
According to SEBI’s statement, the courses have been introduced to enhance awareness regarding AML standards, CFT, and proliferation financing among market intermediaries. SEBI has been actively conducting outreach programmes to strengthen AML and CFT compliance within the capital markets, benefiting securities market participants.
As part of this initiative, SEBI, in collaboration with the National Institute of Securities Markets (NISM), has developed a certification examination titled AML and CFT Provisions in Securities Market. This course will further equip professionals with the knowledge required to uphold financial integrity within the securities sector.
Meanwhile, IIM Mumbai, in partnership with edtech platform TalentSprint, has introduced a Postgraduate Diploma in Financial Economics and Management. The programme aims to provide an in-depth understanding of key financial concepts such as investment and risk management, macroeconomic trends, behavioural finance, and financial regulations. Designed for both fresh graduates and working professionals, this 45-credit course combines online flexibility with immersive on-campus experiences at IIM Mumbai.
