Today KYC AML recollected on Aug 04 and 18th 2018

1.FATF 5 TO 7 QUESTION
2.Funnel account
3.Multi tier account
4.Rule based reports
5.Layering based case study
6 placement based case study
7.CASE STUDY AS IT IS FROM MACMILLAN
8.AMENDMENT TO PMLR 1ST JUNE 17 at least 10 questions
9.India helped which country in FIU
10.Basel based risk related
11.Types of risks
12.customer due diligence
13 customer identification related
14.Correspondent bank relation and due diligence
15 .FATF public statement
16.CTR monthly based
17.CCR monthly based
18.STR identification
19.FATF related rules
20Customer definitions
21.Identify beneficiary for Trust and proprietary concern company

22.direct 0.5 question from Vienna convention/ IMF/FATF regional bodies/Wolfsburg GRP/AML in USA/UK/Australia acts/ bilateral agreements


Finally most difficult paper with latest updates


On Aug 18th 2018

Read FATF in detail
PMLA
Other nation fatf
Conceptual question to test depth of your knowledge
Phases of money laundering
Risk categorisation
Case study
Suspicious transaction based questions
Is India a member of fatf
FCRA full form
Different documents required for opening acs of company, trust