Sebi Introduces AML and CFT Certification for Market Intermediaries

The Securities and Exchange Board of India (Sebi) has taken a significant step forward by launching a certification course focused on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). This initiative is designed to deepen the understanding of these crucial concepts among securities market intermediaries, ensuring a robust framework against financial crimes.

Sebi's certification aims to establish a common minimum knowledge benchmark for employees and associated persons within the sector. It covers essential topics such as AML and CFT principles, provisions under the Prevention of Money Laundering Act (PMLA), PML Rules, and relevant sections of the Sebi Act and Companies Act.

Enhancing Compliance and Awareness

This course also focuses on promoting awareness of guidelines related to AML standards, CFT, and proliferation financing. It further supports market intermediaries in complying with these regulations, thereby strengthening the capital market's integrity and security.

Developed in collaboration with the National Institute of Securities Markets (NISM), the certification titled 'AML and CFT Provisions in Securities Market Certification Examination' is part of Sebi’s ongoing efforts to enhance the capital market's robustness. Previous outreach programs have also been organized to raise awareness about AML and CFT provisions, ensuring market participants remain informed and vigilant.