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PPB Capsule Cards PRO AML- KYC Guidelines
What is the threshold limit for reporting cash transactions in the CTR to FIU-IND?
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Cash Transaction Report (CTR)
AML- KYC Guidelines 51
WA 51
PPB Capsule Cards PRO AML- KYC Guidelines
What is the time limit for a bank to report an STR to FIU-IND after concluding a transaction is suspicious?
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Suspicious Transaction Report (STR)
AML- KYC Guidelines 51
WA 51
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What is the purpose of FATCA and CRS regulations in Indian banking?
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FATCA and CRS
AML- KYC Guidelines 43
WA 43
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What happens in the final 'Integration' stage of money laundering?
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ML Stage: Integration
AML- KYC Guidelines 40
WA 40
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Under PMLA, who is responsible for overall compliance of KYC/AML obligations in a bank?
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Designated Director (DD)
AML- KYC Guidelines 37
WA 37
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What is the objective of the 'Layering' stage in money laundering?
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ML Stage: Layering
AML- KYC Guidelines 36
WA 36
PPB Capsule Cards FREE AML- KYC Guidelines
Under which Act and Section is the offense of Money Laundering defined in India?
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Sec 3 of the Prevention of Money Laundering Act (PMLA), 2002.
Continuation:
It involves attempting to indulge in, or assisting with, proceeds of crime and projecting it as untainted property. It is a cognizable, non-bailable offense.
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35 Views
Money Laundering Definition
AML- KYC Guidelines 35
WA 35
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In the context of Money Laundering, what happens during the 'Placement' stage?
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ML Stage: Placement
AML- KYC Guidelines 35
WA 35
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What are the three universally recognized stages of the money laundering cycle?
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Stages of Money Laundering
AML- KYC Guidelines 34
WA 34
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What are the four distinct stages involved in Financing of Terrorism?
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Stages of Terrorist Financing
AML- KYC Guidelines 33
WA 33
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When is a bank permitted to break customer secrecy without the customer's explicit consent?
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Secrecy Obligations Exceptions
AML- KYC Guidelines 30
WA 30
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Under the Risk-Based Approach, how are bank customers classified for KYC purposes?
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Customer Risk Categorization
AML- KYC Guidelines 29
WA 29
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What strict prohibition applies to banks regarding 'Shell Banks' under AML guidelines?
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Correspondent Banks & Shell Banks
AML- KYC Guidelines 28
WA 28
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Which officer is legally responsible for reporting suspicious transactions to FIU-IND?
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Principal Officer (PO)
AML- KYC Guidelines 24
WA 24
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For how many years must a bank maintain records of transactions and identity documents under PMLA?
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PMLA Record Maintenance
AML- KYC Guidelines 22
WA 22
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When is a bank required to file a Counterfeit Currency Report (CCR)?
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Counterfeit Currency Report (CCR)
AML- KYC Guidelines 29
WA 29
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What receipt threshold requires banks to file a Non-Profit Organisation Report (NTR)?
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Non-Profit Organisation Report (NTR)
AML- KYC Guidelines 26
WA 26
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What action should banks take regarding customers from FATF identified high-risk jurisdictions?
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FATF Jurisdictions
AML- KYC Guidelines 25
WA 25
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What punitive action can FIU-IND take against a bank for non-compliance with PMLA obligations?
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Penalties under PMLA
AML- KYC Guidelines 24
WA 24
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What amount triggers a Cross Border Wire Transfer Report (CBWTR) to FIU-IND?
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Cross Border Wire Transfer (CBWTR)
AML- KYC Guidelines 23
WA 23
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AML- KYC Guidelines — JAIIB PPB Capsules

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All 20 cards on this page
Cash Transaction Report (CTR) What is the threshold limit for reporting cash transactions in the CTR to FIU-IND? Suspicious Transaction Report (STR) What is the time limit for a bank to report an STR to FIU-IND after concluding a transaction is suspicio… FATCA and CRS What is the purpose of FATCA and CRS regulations in Indian banking? ML Stage: Integration What happens in the final 'Integration' stage of money laundering? Designated Director (DD) Under PMLA, who is responsible for overall compliance of KYC/AML obligations in a bank? ML Stage: Layering What is the objective of the 'Layering' stage in money laundering? Money Laundering Definition Under which Act and Section is the offense of Money Laundering defined in India? ML Stage: Placement In the context of Money Laundering, what happens during the 'Placement' stage? Stages of Money Laundering What are the three universally recognized stages of the money laundering cycle? Stages of Terrorist Financing What are the four distinct stages involved in Financing of Terrorism? Secrecy Obligations Exceptions When is a bank permitted to break customer secrecy without the customer's explicit consent? Customer Risk Categorization Under the Risk-Based Approach, how are bank customers classified for KYC purposes? Correspondent Banks & Shell Banks What strict prohibition applies to banks regarding 'Shell Banks' under AML guidelines? Principal Officer (PO) Which officer is legally responsible for reporting suspicious transactions to FIU-IND? PMLA Record Maintenance For how many years must a bank maintain records of transactions and identity documents under PMLA? Counterfeit Currency Report (CCR) When is a bank required to file a Counterfeit Currency Report (CCR)? Non-Profit Organisation Report (NTR) What receipt threshold requires banks to file a Non-Profit Organisation Report (NTR)? FATF Jurisdictions What action should banks take regarding customers from FATF identified high-risk jurisdictions? Penalties under PMLA What punitive action can FIU-IND take against a bank for non-compliance with PMLA obligations? Cross Border Wire Transfer (CBWTR) What amount triggers a Cross Border Wire Transfer Report (CBWTR) to FIU-IND?
Chapters in this paper
Banker-Customer Relationship Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities Essentials of Bank Computerisation Ethics, Business Ethics & Banking: An Integrated Perspective AML- KYC Guidelines Appraisal and Assessment of Credit Facilities Operational Aspects of CBS Environment Ethics at the Individual Level Operational Aspects of KYC Operational Aspects of Loan Accounts Alternate Delivery Channels – Digital Banking Ethical Dimensions: Employees Opening Accounts of Various Types of Customers Types of Collaterals and their Characteristics Data Communication Network and EFT Systems Work Ethics and the Workplace
Modules in PPB
MODULE A: General Banking Operations MODULE B: Functions of Banks MODULE C: Banking Technology MODULE D: Ethics in Banks and Financial Institutions
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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