Banking · Compliance & AML/CFT FinanceIntermediate
AML/CFT Compliance for Nepali BFIs
KYC, monitoring and FIU-Nepal reporting that stands up to inspection.
Taught by My Skill Lab Banking Faculty · Banking & Compliance Practitioners
What you'll learn
- Explain Nepal's AML/CFT legal framework and the roles of NRB, FIU-Nepal and the bank's compliance officer.
- Design and apply a risk-based CDD and EDD approach, including beneficial ownership and PEP screening.
- Run transaction monitoring and investigate alerts with clear, documented reasoning.
- File complete TTRs and STRs to FIU-Nepal through goAML within the legal timelines.
- Build an AML programme with training, record keeping and independent testing that is ready for NRB inspection.
About this course
A practical course for compliance officers, AML analysts and branch focal persons. It walks through Nepal's Asset (Money) Laundering Prevention Act 2064 (2008), the 2024 Rules, NRB Unified Directive 19, risk-based CDD, transaction monitoring, and filing quality TTRs and STRs to FIU-Nepal through goAML.
Course content
5 lessons- 1Nepal's AML/CFT FrameworkThe law, the regulators, FATF and the APG, and why it matters for your bank.Preview
- 2Risk-Based CDD, EDD and ScreeningGrading customers by risk and applying the right level of due diligence.
- 3Transaction Monitoring and Alert InvestigationTurning system alerts into sound decisions.
- 4Reporting TTRs and STRs through goAMLTimelines, thresholds, content quality and tipping off.
- 5Running an Inspection-Ready AML ProgrammePolicy, risk assessment, training, records and independent testing.