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    NISM 24
    Which stage of money laundering involves introducing illegally obtained funds into the financial system?

    How you’ll prepare

    01:24:36left
    1234567891011121314151617181920
    NISM 24

    Which stage of money laundering involves moving money through complex financial transactions to obscure its…

    • ALayering
    • BExtraction
    • CIntegration

    Timed mock tests

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    Introduction to Anti Money…48%
    Prevention of Money…62%
    The Prevention of…76%
    Scheduled Offences84%

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    NISM 24 Formula Sheet

    Introduction to Anti…

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    NISM 24 Revision Notes

    Placement

    Placement is the first stage where illicit cash is put into the legal financial system, often through deposits or…

    Prevention of Money…

    The Prevention of…

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    • NISM 24 mock test 5
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    Mock Test Series
    NISM 24
    AML and CFT Provisions in Securities Markets
    Exam-level difficulty
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    6 full-length mock tests
    Study notes & formula sheets (2 PDFs)
    Doubt solving on WhatsApp
    Performance analytics to identify weak areas
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    Syllabus covered

    8 sections · 95 topics · mock tests & practice

    Introduction to Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)16 topics
    • Introduction
    • Need for Anti Money Laundering Laws (History)
    • Process of Money Laundering
    • Money Laundering Stages (Placement, Layering, Integration)
    • Global Initiatives towards Anti Money Laundering Laws
    • Bank Secrecy Act of 1970 (BSA)
    • Financial Action Task Force (FATF)
    • International Monetary Fund (IMF)
    • Bank for International Settlements (BIS) Initiative
    • The Vienna Convention (1988)
    • Indian Initiatives towards Anti Money Laundering Laws
    • Prevention of Money Laundering Act, 2002 (PMLA) — Overview
    • Unlawful Activities Prevention Act, 1967 (UAPA)
    • Foreign Exchange Management Act, 1999 (FEMA)
    • Guidelines on AML Standards and CFT Obligations of Securities Market Intermediaries
    • Financial Intelligence Unit (FIU)
    Prevention of Money Laundering Act, 2002 (PMLA)14 topics
    • Prevention of Money Laundering Act, 2002 (PMLA)
    • Section 2 of the PMLA 2002 (Definitions)
    • Section 3 of the PMLA 2002 (Offence of Money Laundering)
    • Section 4 of the PMLA 2002 (Punishment)
    • Section 5 of the PMLA 2002
    • Section 12 of the PMLA 2002 (Obligations of Reporting Entities)
    • Section 56 of the PMLA 2002
    • Maintenance of Records and Furnishing of Reports to FIU-IND
    • Suspicious Transaction
    • Appointment of a Principal Officer
    • Appointment of a Designated Director
    • Main Authorities Entrusted for Investigations
    • Directorate of Enforcement
    • Financial Intelligence Unit – India (FIU-IND)
    The Prevention of Money-laundering (Maintenance of Records) Rules, 200510 topics
    • Introduction to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005
    • Maintenance of Records of Transactions
    • Maintenance of Records of Transactions (Nature and Value) (Rule 3)
    • Records Containing Information (Rule 4)
    • Procedure and Manner of Maintaining Information (Rule 5)
    • Procedure and Manner of Furnishing Information (Rule 7)
    • Furnishing of Information to the Director (Rule 8)
    • Client Due Diligence (Rule 9)
    • Functions and Obligations of the Central KYC Records Registry (Rule 9A)
    • Digital Know Your Customer (KYC) Procedure
    Scheduled Offences6 topics
    • The Concept of Offence
    • List of Scheduled Offences
    • Part A of the Schedule
    • Part B of the Schedule
    • Part C of the Schedule
    • Scheduled Offences under the SEBI Act and the Companies Act
    Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF) Guidelines7 topics
    • Introduction to AML & CFT Guidelines
    • The AML/CFT/PF Guidelines
    • Section 51A of Unlawful Activities (Prevention) Act 1967
    • Section 35 of Unlawful Activities (Prevention) Act 1967
    • Section 12 of The Weapons of Mass Destruction and Delivery Systems (Prohibition of Unlawful Activities) Act, 2005
    • Purpose and Scope of the Guidelines
    • Virtual Digital Asset Service Providers
    SEBI Guidelines for Anti Money Laundering (AML) Standards, Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)15 topics
    • Introduction to SEBI Guidelines on AML, CFT and PF
    • Obligation to Establish Policies and Procedures and its Mapping
    • Policies and Procedures to Combat ML and TF
    • Written Anti Money Laundering Procedures
    • Client Due Diligence (CDD)
    • Policy for Acceptance of Clients
    • Client Identification Procedure
    • Risk Management
    • Risk Assessment
    • Monitoring of Transactions
    • Suspicious Transaction Monitoring and Reporting
    • Record Management
    • Record Keeping
    • Retention of Records
    • Reporting to Financial Intelligence Unit-India
    SEBI Guidelines for KYC Norms in Securities Market19 topics
    • SEBI Guidelines for KYC Norms
    • Uniform KYC Format
    • Requirement of Permanent Account Number (PAN)
    • Exemptions and Clarifications to PAN Requirements
    • Proof of Identity (PoI) — List of Documents Admissible
    • Proof of Address (PoA) — List of Documents Admissible
    • Acceptance of Third Party Address as Correspondence Address
    • Identification of Beneficial Ownership
    • Requirement of Additional Documents for Non-individuals (Legal Entities)
    • Requirement of Mobile Number and Email ID
    • Digital KYC
    • Features for Online KYC App of the Intermediary
    • Requirement of In-Person Verification (IPV)
    • Aadhaar based e-KYC Process and KUA/Sub-KUA Mechanism
    • KYC for SARAL Account Opening Form for Resident Individuals
    • Confidentiality of Client Information
    • Know Your Client (KYC) Registration Agency
    • Guidelines for Intermediaries
    • Guidelines for KRAs
    Discussion on PMLA Related Cases8 topics
    • FIU-IND vs Way2Wealth Brokers Private Limited
    • SEBI vs SKSE Securities Limited
    • SEBI vs Raima Equities Private Limited
    • SEBI vs Marfatia Stock Broking Private Limited
    • SEBI vs Shreepati Holdings & Finance Pvt. Ltd
    • BOI Shareholding Limited (BOISL) vs SEBI
    • FIU-IND vs Paytm Payments Bank Limited
    • FIU-IND vs Virtual Digital Asset Service Provider Bybit Fintech Limited (Bybit)

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    What is the pass guarantee?

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    How many mock tests do I get?

    You get 6 full-length mocks.

    Is this aligned with the official NISM Series XXIV syllabus?

    Our content targets the NISM Series XXIV: AML and CFT Provisions in Securities Markets exam. Always verify against the latest NISM workbook and examination notice.

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    Purchased access is valid for 60 days from the date of purchase unless a different period is shown at checkout.

    What is the refund policy?

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    What is the validity after purchase?

    You receive 2 months of full access.

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