Online Certificate Course on Prevention of Money Laundering Act by D.Y. Patil and ILW Institute: Enrol by Apr 30

About School of Law, D.Y. Patil Deemed to be University, Navi Mumbai

DY Patil Deemed to be University, School of Law is an institute where the end goal is to make students industry-ready. The learning ambiance at SOL provides ample opportunity to the students to enhance their Legal acumen and to develop one’s personality for a challenging future.

About Into Legal World Institute

Into Legal World, a unit of Parivritt Enterprises Private Limited, a company registered under the Companies Act of 2013, which is recognised by the Ministry of Corporate Affairs and Department of IT & Electronics, GoUP, through its nodal agency Uttar Pradesh Electronics Corporation Ltd. (UPLC). Into Legal World is also a part of Skill India Initiatives.

About the Course

Into Legal World presents this “Certificate Course on Prevention of Money Laundering Act, 2002” in association with School of Law, D.Y. Patil deemed to be University, Navi Mumbai, to provide a clear and practical understanding of how money laundering works and how the law combats it. 

This course explores the key provisions of the PMLA, 2002, its amendments, and its real-world application. Participants will learn about global anti-money laundering (AML) frameworks, the role of enforcement agencies, and compliance requirements for financial institutions.

Who Should Attend?

Law students (including LLM students), graduates, academicians, and practitioners.

Course Modules

Module 1. Introduction to Money Laundering

• Historical context and evolution of money laundering practices
• Definition and stages of money laundering
• Global impact and challenges
• Role of the Financial Action Task Force (FATF)

Module 2. Overview of the Prevention of Money Laundering Act (PMLA) 2002

• Historical background and need for the Act
• Objectives and key provisions of PMLA
• Definition of the offense of money laundering (Section 3)
• Punishment for money laundering (Section 4)
• Explanation of “proceeds of crime”
• Amendments and recent developments

Module 3. Investigation and Enforcement Mechanisms under PMLA

• Powers of authorities: Attachment, search, and seizure
• Role of the Enforcement Directorate (ED) and Financial Intelligence Unit-India (FIU-IND)
• Investigation procedures and prosecution processes
• Burden of proof and its implications
• Penalties and sanctions for non-compliance

Module 4: Obligations of Reporting Entities

• Roles and responsibilities of banking companies, financial institutions, and intermediaries
• Compliance requirements: KYC and enhanced due diligence, reporting suspicious transactions and penalties

Module 5: Judicial Framework under PMLA

• Role of the Adjudicating Authority and Appellate Tribunal
• Special Courts 
• Appeal and revision procedures

Module 6: International Cooperation and International Standards

• Agreements with foreign countries (Section 56-61)
• PMLA’s alignment with global AML  standards
• India’s participation in FATF
• Comparative analysis with AML laws in other jurisdictions

Module 7. Emerging Trends and Challenges in Money Laundering

• Digital currencies and virtual assets
• Trade-based money laundering
• Use of shell companies and offshore accounts
• Intersection of PMLA with other laws (Eg. IBC, SARFAESI, Companies Act)
• Case studies

Module 8: Role of Technology in AML

• Technological tools for transaction monitoring and data analysis
• Artificial Intelligence (AI) and Machine Learning (ML) applications in AML
• Challenges of cybersecurity in AML efforts

Certification

Participants who successfully complete the course requirements, including assessments and assignments, will be awarded a certificate of completion in “Prevention of Money Laundering Act, 2002” issued by D.Y. Patil deemed to be University and ILW Institute.

Faculty Details

Faculty Details:

• Ritwik Kumar Mittal, Advocate Supreme Court of India , Formerly – Enforcement Directorate,
  Ministry of Finance, New Delhi 
• Adv Arvind Gupta, AOR, Supreme Court of India, Executive Member, AIBA-NCDRC,
• Advocate Rajat Jain, Associate Partner, Vaish Associates, Supreme Court and High Courts, (Guest Faculty)

Mode

Online, live classes

Duration

20 classes 

Live classes from 1st May 2025 onwards

Live classes: 4 days a week at 8 PM.

Perks

• Access to high-quality SMART Notes essentially designed for the course.
• Freelance project assistance.
• Access to recorded lectures if you need for future reference

Last Date to Enrol

30 April

Complete Course Fees

For students: Rs 1500

For professionals: Rs 2000 

Enrolment Procedure

Click Here To Enrol.