SEBI and NISM launch NISM XXIV - AML and CFT Provisions in Securities Market Certification Examination

• 10 Mar 2025
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As part of its ongoing efforts to strengthen the capital market, SEBI has been organising

outreach  programs  on  Anti-Money  Laundering  (AML)  and  Combating  the  Financing  of

Terrorism (CFT) Provisions for the benefits of securities market intermediaries. 

It has also been undertaking various initiatives for creating awareness regarding the said provisions amongst securities market participants.

Towards  this  objective,  the  certification  course- AML  and  CFT  Provisions  in  Securities

Market  Certification  Examination, has  been  conceptualised  and  developed  by

SEBI in collaboration with National Institute of Securities Markets.

This  certification  course aims to  create  a  common  minimum  knowledge  benchmark  for

employees and associated persons of securities market intermediaries about: 

Concepts of AML and CFT and related aspects, provisions of the PMLA & PML rules,

and scheduled offences under the SEBI Act and the Companies Act.

Guidelines  pertaining  to  Anti  Money  Laundering  (AML)  Standards, Combating  the

Financing of Terrorism (CFT) and Proliferation Financing (PF).

It  has  an  exam  of  one  hour  duration,  consisting of 50 questions  of  1  mark  each.  Upon successful  completion  of  the  course,  the  participants  will  be  awarded  a certificate.

The course  proposes  to  foster  knowledge  about  the  concepts  of  AML  and  CFT  among  the participants.

Details  pertaining  to  the  course modules and  registration  procedure  are  provided  on  the NISM  website.  Communique  for  the  certification  examination  may  be  accessed  at

https://www.nism.ac.in/circular/nism-series-xxiv-aml-and-cft-provisions-in-securities-markets-certification-examination-nism-certification-aml-cft-series-xxiv-2025-01-dated-february-07-2025/