IIBF AML & KYC : (JAIIB / CAIIB) Syllabus & Exam Pattern

Are you searching for the syllabus of IIBF (JAIIB / CAIIB) certification : Anti-Money Laundering and Know Your Customer (AML & KYC) Exam? Here you will get the latest syllabus for the Indian Institute of Banking and Finance (IIBF) examination. It will surely help you in the effective preparation of (JAIIB /CAIIB) AML & KYC exam. This exam will be conducted by the Indian Institute of Banking and Finance (IIBF). The syllabus given below is based on the latest pattern of the IIBF curriculum. We suggest you to check our free online mock tests for IIBF examinations.

We have listed some of the frequently asked questions (FAQs), asked by the candidates, so that you can get a basic idea of IIBF (AML & KYC) exam pattern.

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IIBF AML & KYC : Syllabus

  1. Part I (A) : Anti-money Laundering (AML)
  2. Part (B) : Know Your Customer (KYC)
  3. Part II : IBA's Guidance Notes for Banks

IIBF AML & KYC : Detailed Syllabus

Given below is the list of topics which covers the course syllabus.

Part I (A) : Anti-money Laundering (AML)

Money Laundering

  • Objectives of Money Laundering
  • Introduction to Money Laundering
  • Banks as Laundromats
  • Global Attention
  • Money Laundering and Its Impact on Banks: Some Examples
  • Equatorial Guinean Funds

Money Laundering: Some Methods

  • Steps in Money Laundering
  • Methods for Money Laundering
  • Common Sources of Money Laundering
  • Alternative Remittance Systems / Value Transfer Systems
  • Emerging Technologies
  • International Trade / Trade Finance
  • Shell Companies
  • The Gold and Diamond Markets
  • Peps / Corruption
  • Misuse of Non-profit Organisation (NPOs) and Charities

Money Laundering: Legislation and International Cooperation

  • Legislations in the United Kingdom
  • Legislations in the United States
  • The Financial Action Task Force (FATF) on Anti-money Laundering and Anti-terrorist Financing (AML and ATF)
  • Anti Money Laundering Measures in India
  • Tools Requirement
  • Human Resource

Money Laundering and Correspondent Banking

Correspondent Services

Part (B) : Know Your Customer (KYC)

KYC - Historical

  • Correspondent Banking: Objectives, Introduction and Definition
  • Customer Profile
  • Countries Deficient in KYC Policies
  • Initiatives by the Rbi
  • Some Basic Definitions
  • Organised Financial Crimes
  • KYC Policy: Origin
  • Customers: Definition Under the KYC Principles
  • Transaction Profile
  • Organisational Structure
  • Important KYC Framework in Rbi Prescriptions
  • Threats in the New Technology Products

KYC Operating Guidelines

  • Guidelines for Opening Accounts of Companies, Trust, Films, and Intermediaries
  • Trust / Nominee of Fiduciary Accounts
  • Client Accounts Opened by Professional Intermediaries
  • Accounts of Politically Exposed Persons (Peps) Residing Outside India
  • Accounts of Non-face-to-face Customer S
  • Qualitative Data
  • Joint Accounts
  • Photographs
  • KYC for Existing Accounts
  • KYC for Low Income Group Customers

KYC: Monitoring of Accounts

  • Custom Research
  • Compendium of Guideline
  • Nri Accounts - Monitoring
  • Suspicious Transactions
  • Anti-terrorism Finance
  • Financial Intelligence Unit

Part II : IBA's Guidance Notes for Banks

IBA's Guidance Notes on KYC / AML

  • Background
  • Purpose
  • Scope
  • The Need to Combat Money Laundering
  • Money Laundering Risk Assessment
  • Extra Precautions to Be Taken in the Opening of Some Types of Accounts
  • Know Your Customer and Identification
  • Establishing Identity
  • Identification Procedures: General Principles
  • Basic Principles and Objectives of Money Laundering Prevention and Compliance
  • Recognising and Reporting Suspicious Transaction / Activity
  • Know Your Customer - the Basis for Recognising Suspicions
  • The Role of the Principal Officer
  • Internal Reporting of Suspicious Transactions
  • Transaction Reporting Under Pmla
  • Awareness and Training

IIBF AML & KYC: Exam Pattern (FAQs)

Is it mandatory to qualify IIBF (AML & KYC)?
Yes, it is necessary for all aspirants to pass this IIBF certification exam.
How many questions will be their in exam?
Their will be approximately 120 questions.
How many marks will the AML & KYC section of the IIBF exam be?
It will be worth 110 marks
What is the time allocated for this examination?
120 minutes (2 Hours)
What type of questions are asked in IIBF AML & KYC exam?
It contains questions of objective nature: multiple choice questions (MCQs).
What is the negative marking scheme?
There will be no negative marking.
What is the medium of IIBF examination?
English or Hindi.

Note You can also download the IIBF (JAIIB / CAIIB) certification exam (AML & KYC) syllabus in PDF format provided by IIBF.