Where can I open BBI syllabus files for Mumbai University?

Use this BBI syllabus page to open FYBBI, SYBBI, TYBBI and the fourth year, then a semester, then a subject to read its modules in full.

Which BBI syllabus files are listed?

Every semester of the degree under NEP 2020, Semester I to Semester VIII, cut into one page per subject, plus the University circulars they were cut from.

What should I do after checking the BBI syllabus?

Use the verified BBI question paper path for practice after confirming the subjects, units, and semester scope.

Are BBI syllabus files free to access?

Yes. The available BBI syllabus files on munotes are free to open.

B.Com. (Banking and Insurance) Anti Money Laundering AML Syllabus - Mumbai University

This is the TY BBI syllabus under NEP 2020, in force from the academic year 2026-27. The University still sets the earlier Choice Based papers alongside it for ATKT candidates, so check which scheme your exam form names before you revise.

Loading syllabus...

Syllabus for Anti-Money Laundering AML

Vocational skill course · Semester 5 · TY BBI · 2 credits · 50 marks

Module I: Introduction to Money Laundering and Regulatory Framework

Unit 1: Fundamentals of Money Laundering Teaching Points with Description:
Definition and Concept: Understanding what constitutes money laundering and its objectives.
Stages of Money Laundering: Placement, layering, and integration explained with examples.
Methods and Techniques: Hawala, smurfing, trade-based laundering, shell companies, and digital money laundering.
Impact on Economy and Society: How money laundering affects financial stability, governance, and economic growth.
Unit 2: Regulatory Framework for AML Teaching Points with Description:
Global Regulatory Bodies: FATF, UN conventions, and international standards for AML.
Indian AML Laws: Prevention of Money Laundering Act (PMLA), 2002 – key provisions and amendments.
Role of Regulatory Authorities: Financial Intelligence Unit – India (FIU-IND), RBI, SEBI, and IRDAI.
International Cooperation: Cross-border monitoring, reporting, and compliance requirements.

Module II: AML Compliance and Risk Management in Banking & Insurance

Unit 3: AML Compliance in Banks and Financial Institutions Teaching Points with Description:
Know Your Customer (KYC) Guidelines: Customer identification, verification, and due diligence.
Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD): Risk-based approach for different customer profiles.
Suspicious Transaction Reporting (STR) & Cash Transaction Reporting (CTR): Mechanisms, procedures, and reporting timelines.
Internal Controls and Compliance Programs: Policies, monitoring systems, employee training, and audit mechanisms.
Unit 4: AML Risk Management in Insurance Sector Teaching Points with Description:
Money Laundering Risks in Insurance: Life insurance, investment-linked policies, and premium payment schemes.
Regulatory Guidelines for Insurers: IRDAI AML directions and reporting obligations.
Detection Techniques: Red flags, transaction monitoring, and investigation procedures.
Role of Ethics and Governance: Corporate governance, accountability, and ethical practices in AML compliance.

Reference Books

1 Gupta, Shailendra – Anti-Money Laundering: Principles, Policies, and Practices
2 Prevention of Money Laundering Act, 2002 (Bare Act with Amendments)
3 Financial Action Task Force (FATF) Publications and Reports
4 RBI Master Circulars on KYC and AML
5 IRDAI Guidelines on Anti-Money Laundering

Reproduced from the University of Mumbai syllabus for B.Com. (Banking & Insurance) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.

The complete syllabus

This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.

PDF BCom (Banking & Insurance) Honours Sem VII & VIII (2026-27) NEP NEP 2020 syllabus, in force from 2026-27 Read full PDF Read

PDF BCom (Banking & Insurance) Honours with Research Sem VII & VIII (2026-27) NEP NEP 2020 syllabus, in force from 2026-27 Read full PDF Read

PDF BCOM (BBI) SEM I & II (2024 25) NEP NEP 2020 syllabus, in force from 2024-25 Read full PDF Read

PDF BCom (Banking & Insurance) Sem III & IV (2025-26) NEP NEP 2020 syllabus, in force from 2025-26 Read full PDF Read

PDF BCom (Banking & Insurance) Sem IV Community Engagement Project (2025-26) NEP NEP 2020 syllabus, in force from 2025-26 Read full PDF Read

PDF BCom (Banking & Insurance) Sem V & VI (2026-27) NEP NEP 2020 syllabus, in force from 2026-27 Read full PDF Read

PDF BCom (Banking & Insurance) Sem V & VI Minor (2026-27) NEP NEP 2020 syllabus, in force from 2026-27 Read full PDF Read

PDF BBI V & VI 2018 2019 Earlier Choice Based syllabus, still set for ATKT candidates Read full PDF Read

PDF BBI III & IV 2017 18 Earlier Choice Based syllabus, still set for ATKT candidates Read full PDF Read

Report or request