NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination
Launch of NISM-Series-XXIV: AML and CFT Provisions in Securities Markets Certification Examination w.e.f. Feb 28, 2025.
The examination seeks to create a common minimum knowledge benchmark for the employees of securities market intermediaries about Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT) Provisions in Securities markets. The certification aims to create awareness among the employees of securities market intermediaries about the said subject.
Examination Objectives
On successful completion of the examination, the candidate should:
- Know the concepts of AML and CFT and related aspects, provisions of the PMLA, and scheduled offences under the SEBI Act and the Companies Act.
- Understand guidelines pertaining to Anti Money Laundering (AML) Standards, Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF).
Assessment Structure
The examination consists of 50 questions of 1 mark each and should be completed in 1 hour. The passing percentage for the examination is 50 percent. There shall be no negative marking.
Test details
| Fees | 750+ |
| Test Duration in minutes | 60 |
| Number of questions | 50 |
| Pass marks | 25 |
| Certificate validity in years | 3 |
Test Details
+ Applicable Taxes. Payment Gateway Charges extra.
~ 50 multiple choice questions of 1 mark each.
* No Negative marking.
# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.
How to register and take the examination
To find out more and register for the examination please visit www.nism.ac.in
