NISM X Taxmanns AML and CFT Provisions in Securities Markets Comprehensively Covers AML/CFT Concepts in Securities MarketOf

Aml And Cft Provisions In Securities Markets Is An Authoritative Guide That Lays Down The Foundational And Advanced Concepts Around AntiMoney Laundering (Aml) And Combating The Financing Of Terrorism (Cft) Provisions In The Indian Securities Market. This Workbook Facilitates A Deep Understanding Of The Prevention Of Money Laundering, Regulatory Compliance, And The Broader Legal Framework Governing Securities Intermediaries. It Is A Core Study Resource For Individuals Preparing For The Nism Certification Examination On Aml And Cft Provisions While Acting As A Practical Reference Guide For Industry Professionals.This Book Is Intended For The Following Audience: Aspiring Professionals And Students Those Seeking To Enter The Securities Market Industry And Looking To Clear The Nism AmlCft Certification Examination Industry Practitioners Employees Of Stock Exchanges, Brokerages, Mutual Fund Houses, Compliance Teams, And Other Financial Intermediaries Who Require An InDepth Understanding Of Aml And Cft Guidelines Compliance And Legal Teams Legal And Compliance Personnel Responsible For Creating, Implementing, Or Auditing AmlCft Policies Within Their Organisations Academicians And Researchers Educators And Researchers Examining The Evolving Landscape Of Financial Crime Prevention And Risk Management In Securities Marketsthe Present Publication Is The January 2025 Workbook Version, Developed In Collaboration With The Certification Team Of Nism And Ms Monica Sachdeva & Reviewed By Dr Shreyas Vyas. It Is Published Exclusively By Taxmann, With The Following Noteworthy Features: [Official Nism Resource] Authored And Reviewed By Domain Experts, Ensuring Alignment With The Standards And Requirements Of The Nism Certification Examination [Comprehensive Coverage] Explains Key Legislation, Rules, And Guidelines, Including The Prevention Of Money Laundering Act (Pmla), Sebi Regulations, And Related Case Studies [Lucid Explanation Of Concepts] Simplifies Complex Statutory Provisions, Enabling Easy Comprehension By Readers With Varying Levels Of Familiarity With Financial Regulations [Practical Guidance] Examples And Case Discussions Illustrate How Aml, Cft, And Proliferation Financing (Pf) Regulations Apply In The Daily Operations Of Intermediaries [ExamFocused Learning] Includes A Structured Syllabus Outline To Help Readers Focus On ExaminationSpecific Content And Prepare Strategicallythe Coverage Of The Book Is As Follows: Foundational Conceptso Introduces Aml, Cft, And Proliferation Financing (Pf), Their Global And Indian Initiatives, And The Processes Of Money Laundering Prevention Of Money Laundering Act (Pmla)O InDepth Exploration Of The ActS Provisions, Reporting Obligations, And The Roles Of Regulatory Authorities Such As FiuInd And Sebi Maintenance Of Records Ruleso Detailed Discussion On The Prevention Of MoneyLaundering (Maintenance Of Records) Rules 2005, Covering The RecordKeeping Process And Digital Kyc Norms Scheduled Offenceso Examination Of Relevant Offences Under Various Laws, Including The Sebi Act And The Companies Act, Highlighting How They Relate To Aml/Cft Guidelines & Regulatory Frameworko AntiMoney Laundering (Aml) And Cft Standardso Combating The Financing Of Terrorism (Cft) And Proliferation Financing (Pf)O Sebi Guidelines A Comprehensive Look At SebiS Frameworks For AmlCft Compliance, Written Aml Procedures, And Operational Guidelines For Intermediaries Know Your Client (Kyc) Normso A StepByStep Outline Of Kyc Procedures, Including Online Kyc Apps, Saral Account Opening Forms, And Kyc Registration Agencies Case Studieso Practical Precedents And Regulatory Actions (E.G., FiuInd Vs. Way2Wealth Brokers, Sebi Vs. Skse Securities, Paytm Payments Bank, Etc.) Providing Insight Into Enforcement And Compliance Lapsesthe Structure Of The Book Is As Follows: Eight Thematic Chapters Organised Into Parts A And B, Each Delving Into A Specific Facet Of AmlCft Regulations. The Chapters Progress Logically From Foundational Overviews (Chapter 1) To Detailed RuleBased Coverage (Chapters 2 And 3), Scheduled Offences (Chapter 4), Guidelines (Chapters 5 And 6), And KycSpecific Mandates (Chapter 7). The Final Chapter (Chapter 8) Focuses On Practical Case Studies PracticeOriented Approach Flowcharts, Practical Examples, And Recommended Best Practices Are Integrated Throughout To Guide Practical Implementation And Examination Readiness Syllabus Outline & Assessment Concludes With Detailed ChapterWise Weightage, Ensuring Learners Can Align Their Study Strategy With Exam Requirements