The Securities and Exchange Board of India (SEBI) has launched two new courses centred on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) aimed at market intermediaries. The goal is to set a minimum knowledge standard for employees and associated individuals concerning AML and CFT concepts, as well as essential elements of the Prevention of Money Laundering Act (PMLA), relevant rules, and scheduled offences under the SEBI Act and the Companies Act, as stated by the market regulator.
As part of its broader initiative to improve the capital market, SEBI has been conducting outreach programmes focused on AML and CFT provisions, specifically tailored for intermediaries operating within the securities market. In addition, the regulator is involved in various initiatives to enhance awareness of these provisions among market participants.
To further this objective, SEBI, in partnership with the National Institute of Securities Markets (NISM), has created a certification examination titled “AML and CFT Provisions in Securities Market.”
Meanwhile, the Indian Institute of Management (IIM) Mumbai, in collaboration with the edtech platform TalentSprint, has introduced an advanced postgraduate diploma in Financial Economics and Management. This 45-credit programme has been designed to offer participants a profound understanding of essential financial concepts, including investment and risk management, macroeconomic trends, financial regulations, accounting, behavioural finance, and analytical frameworks.
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Aimed at both recent graduates and working professionals, the programme is offered in cooperation with the National Stock Exchange (NSE), which acts as the knowledge partner. The course combines online flexibility with immersive on-campus sessions at IIM Mumbai, ensuring a holistic learning experience. Participants will engage in real-world case studies, projects, and interactive sessions led by distinguished faculty members. Upon successful completion, graduates will receive a PG diploma from IIM Mumbai, gain alumni status, and have access to an extensive network of industry professionals and peers, as stated by the institute.
Formerly known as the National Institute for Training in Industrial Engineering (NITIE), IIM Mumbai was established in 1963. It ranked sixth in the National Institutional Ranking Framework (NIRF) 2024, an annual ranking published by the Ministry of Education.
