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Foundation

Introduction to Anti Money Laundering (AML): Concepts and Terminology

A ground-up introduction to anti money laundering for Indian students, investors and anyone considering a compliance career. Learn what money laundering actually is, the three stages of placement, layering and integration, and the predicate offences that generate dirty money in the first place. Walk through the common laundering methods seen in India, from cash structuring and benami accounts to shell companies, trade-based laundering, hawala and crypto. Then map India's AML framework: the Prevention of Money Laundering Act 2002, the roles of FIU-IND, the Enforcement Directorate, RBI, SEBI and IRDAI, and how FATF shapes it all. Finally, master the core terminology, KYC, CDD, EDD, beneficial ownership, PEPs, STRs and CTRs, red flags and transaction monitoring, and see how it all shows up in practice at your broker, your bank and in real Indian enforcement cases.

Money Laundering BasicsLaundering TypologiesPMLA 2002FIU-IND and EnforcementKYC, CDD and EDDSuspicious Transaction Reporting

MODULES

5

DURATION

4 Hours

TRACK

Forensic Accounting & Compliance

What You'll Master

Explain what money laundering is and walk through placement, layering and integration with Indian examples

Recognise the common laundering methods, from structuring and money mules to shell companies, trade-based laundering and hawala

Describe the PMLA 2002 and the roles of FIU-IND, the Enforcement Directorate, RBI, SEBI, IRDAI and FATF

Use core AML terms correctly: KYC, CDD, EDD, beneficial owner, PEP, STR, CTR and red flag

Understand why your broker and bank ask the KYC questions they do, and what happens behind the scenes

Know the main AML compliance roles in India and the skills needed to start a career in the field

Access Level

LEARNER

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Everything included

Full Text Playbooks

Actionable Exercises

Mobile Reading Mode

Lifetime Updates

Curriculum Breakdown

Chapter 1: What Money Laundering Is

3 Lessons

What Money Laundering Actually Is and Why It Matters10 min read

The Three Stages: Placement, Layering and Integration12 min read

Predicate Offences: The Crimes Behind the Money10 min read

Chapter 2: How Money Gets Laundered

4 Lessons

Cash Businesses, Structuring and Smurfing11 min read

Shell Companies, Benami Accounts and Money Mules12 min read

Trade-Based Money Laundering: Over and Under Invoicing12 min read

Hawala, Crypto and Newer Channels12 min read

Chapter 3: India's AML Framework

3 Lessons

The PMLA 2002 in Plain Language13 min read

Who Enforces It: FIU-IND, the ED, RBI, SEBI and IRDAI12 min read

FATF and India's Place in the Global AML System11 min read

Chapter 4: Core AML Terminology

4 Lessons

KYC, CDD and EDD: Knowing Your Customer at Three Depths12 min read

Beneficial Owners and Politically Exposed Persons11 min read

STRs, CTRs and the Reports Filed With FIU-IND12 min read

Red Flags and Transaction Monitoring12 min read

Chapter 5: AML in Practice

4 Lessons

What Your Broker's KYC Is Really Doing: AML at Zerodha and Your Bank11 min read

Terrorist Financing and Sanctions Screening11 min read

Lessons From Indian AML Enforcement Cases13 min read

Careers in AML Compliance: Roles, Skills and Where to Start10 min read