Sebi introduces AML and CFT certification course for securities market intermediaries to boost compliance and awareness.

The Securities and Exchange Board of India (Sebi) has introduced a new certification course aimed at combating money laundering and terrorism financing in the securities market. This course, developed in collaboration with the National Institute of Securities Markets (NISM), focuses on educating market intermediaries on the principles outlined in different legislative acts related to Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). By increasing awareness of AML and CFT guidelines, the course aims to improve compliance among securities market participants. This initiative is a significant step towards strengthening regulations in the capital market and preventing illicit financial activities. The certification course by Sebi is designed to enhance the understanding of AML and CFT practices, ultimately contributing to a more secure and transparent securities market in India. Participants in the course will gain valuable knowledge and skills to identify and prevent potential money laundering and terrorism financing activities in the securities industry. This move by Sebi underscores the importance of regulatory compliance and the commitment to safeguarding the integrity of the Indian capital market.

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