PPB Anti-Money Laundering & KYC: IIBF's July 2026 Programme Guide

JAIIB 28 June 2026 · 12 min read · 1 views

Anti-money laundering KYC PPB — this guide gives you the latest 2026 information. Key dates, eligibility, fees and study tips for the JAIIB exam.

The Indian Institute of Banking. Finance (IIBF) has just announced a timely two-day virtual programme: "Programme on Regulatory. Statutory Guidelines on Anti Money Laundering including KYC.

Combating Financial Terrorism Risks For Banks. NBFCs & FIs" scheduled for 21–22 July 2026 (Tuesday and Wednesday). If you're preparing for your JAIIB PPB exam.

This announcement matters more than you might think.

Why? Because anti-money laundering compliance. Know Your Customer (KYC) norms.

And financial crime prevention are core pillars of the PPB syllabus. You'll be tested on these topics—and regulators expect you to understand not just the rules. But their real-world application.

This guide shows you how the IIBF programme aligns with your PPB study plan. What you need to focus on. And how to use this opportunity to strengthen your exam readiness.

Your role as a responsible banker.

Why Anti-Money Laundering & KYC Matter in Your PPB Exam

The Reserve Bank of India (RBI). The Financial Action Task Force (FATF) have tightened anti-money laundering (AML) standards significantly over the past five years. As a banker.

You're the first line of defence against financial terrorism. Illicit fund flows. Your PPB exam will test your understanding of these responsibilities.

What does the PPB syllabus cover?

KYC/AML norms: Customer identification, verification, beneficial ownership disclosure, and ongoing monitoring.
Bank account types and operations: Who opens accounts. What documents they need, and how you verify their legitimacy.
Loans and advances documentation: Due diligence before lending. Linked to customer profiles and risk assessment.
Banking Ombudsman and dispute resolution: When AML flags cause complaints. You need to handle them fairly.
DICGC deposit insurance: Protection limits. Eligibility—affected by customer classification under KYC.

The IIBF's July 2026 programme dives deeper into these regulatory requirements. It bridges the gap between theoretical exam knowledge and practical compliance. Many JAIIB aspirants underestimate this area—but examiners don't. A question on suspicious transaction reporting or customer risk categorisation can easily appear in your PPB paper.

The virtual mode makes it accessible even if you're working full-time. You can attend from your branch or home. And the insights will sharpen both your exam answers. Your real job performance.

KYC Norms: What PPB Expects You to Know

Know Your Customer (KYC) is not just a compliance checkbox—it's your professional responsibility. A core PPB topic. The RBI's Master Direction on KYC norms lays out four pillars: Customer Identification. Verification of Identity, Verification of Address, and Beneficial Ownership Disclosure.

Customer Identification (CI): You must obtain full legal name. Date of birth (for individuals). Permanent account number (PAN), contact details, and occupation.

For companies, you need the registration number, business address, and ownership structure. This sounds simple. But exam questions test your ability to identify edge cases—like politically exposed persons (PEPs) or high-risk jurisdictions.

Verification of Identity and Address: You can't just accept a photocopy. You need officially valid documents (OVD). The RBI permits a defined list: passport, driving licence, voter ID, AADHAAR, and others. Our detailed guide on Officially Valid Documents for Bank KYC (JAIIB 2026) breaks down which documents qualify for what purpose.

Beneficial Ownership Disclosure: If a customer is opening an account on behalf of others. You must identify the ultimate beneficial owner. This is especially critical for company accounts, trusts, and partnership firms. The IIBF programme will likely emphasise real case studies here—learning to spot shell structures.

For a deeper dive, read our article on KYC Norms and Customer Due Diligence for JAIIB PPB. It covers the statutory framework and common PPB exam scenarios. Regular review of this content—combined with the IIBF virtual programme—will make you confident answering any KYC-related question in your exam.

Anti-Money Laundering Compliance: The PPB Framework

Anti-money laundering (AML) goes beyond KYC. It includes transaction monitoring, suspicious activity reporting (SAR), record-keeping, and staff training. Your PPB exam will test your understanding of why these controls exist. How bankers implement them.

Suspicious Transaction Reporting (STR): If you notice a transaction (or series of transactions) that appears unusual for a customer's profile. You must report it to the Financial Intelligence Unit (FIU-India) within the prescribed time frame. The threshold for reporting varies by transaction type. PPB questions often ask: "Which of the following transactions must be reported as suspicious?". You need to know both the rules and the reasoning.

Customer Risk Assessment: Not all customers are equal. A retired teacher and a gem trader have different risk profiles. You must classify customers as low.

Medium. Or high risk based on occupation. Source of funds, transaction patterns, and geographical location.

High-risk customers require enhanced due diligence (EDD). This categorisation directly impacts how you monitor accounts—and how you answer exam questions.

Ongoing Monitoring and Record-Keeping: KYC is not a one-time event. You must update customer information periodically (every two years for low-risk. Annually for medium, and quarterly or more frequently for high-risk).

All records must be maintained for five years after account closure. PPB questions test whether you understand these timelines. The logic behind them.

The IIBF July programme will clarify how RBI's latest Master Directions apply to these practices. For your exam, focus on the why behind each rule—regulators and examiners care about your judgment, not just your memory. Review KYC Norms and Customer Due Diligence in Indian Banks Explained alongside your PPB textbook to see practical scenarios.

Combating Financial Terrorism: PPB's Ethical and Legal Dimension

The IIBF programme's focus on "Combating Financial Terrorism Risks". Highlights an often-overlooked aspect of PPB: the ethical. Legal responsibility to prevent terrorist financing. This isn't just regulatory jargon—it's a moral and professional duty.

What is Financial Terrorism? It's the provision of financial services or funds to individuals or organisations engaged in or suspected of terrorism. Your role as a banker includes identifying red flags: sudden large transfers to high-risk jurisdictions.

Cash deposits followed by immediate wires. Transactions linked to sanctioned entities. Or account activity inconsistent with the customer's declared profession.

Sanctions Screening. Compliance: The RBI provides a list of individuals. Entities suspected of terrorist financing.

As does the United Nations and FATF. You must screen every customer and transaction against these lists. If a match is found.

You must immediately freeze the account and report to the authorities. PPB questions may ask: "What is your first action if you discover a customer is on the sanctions list?". The answer is straightforward—freeze.

Report—but understanding the legal framework behind it is critical.

Staff Training. Awareness: Banks are required to train all employees on AML. Financial terrorism risks.

As a JAIIB-qualified banker. You'll often be expected to train newer staff or conduct compliance audits. PPB tests your ability to explain these concepts clearly and confidently.

The ethics dimension is crucial. Watch our series on ETHICS AT WORK PLACE PART 1, PART 2, and PART 3 to see how ethical banking intersects with AML compliance. Your exam may include scenario-based questions where ethics and regulations overlap—for example, a customer requests you to move money quickly without proper documentation. Your PPB knowledge should equip you to refuse, explain why, and report if necessary.

How to Use the IIBF July 2026 Programme to Boost Your PPB Score

Timing Matters: The IIBF programme runs 21–22 July 2026. If your JAIIB exam date is in August or September 2026. This is perfectly timed.

Attend the virtual sessions. Take notes, and immediately revise the corresponding PPB chapters. Fresh insights from IIBF faculty will cement your understanding just before the exam.

What to Bring to the Programme: Come with your PPB syllabus printout. A notebook, and specific questions from your revision. For instance.

If you're unsure about the difference between a Suspicious Transaction Report (STR). A Currency Transaction Report (CTR). Ask during the Q&A.

Real-time clarification from regulators or IIBF experts is gold for exam prep.

Post-Programme Action Plan: After the two days, immediately:

Review your PPB chapter on KYC/AML. Highlight new points from the programme.
Attempt a practice test or mock exam covering KYC and compliance topics. Our Retail Banking: Role within the Bank Operations — Chapter Test includes customer onboarding scenarios.
Read one detailed case study from an IIBF publication or RBI circular that applies the concepts. Real case studies stick in your memory better than textbook definitions.
Discuss key takeaways with a study partner. Teaching someone else cements your own understanding.

Regulatory Updates Between Now. Your Exam: The IIBF programme will reflect the latest RBI Master Directions. FATF guidelines.

Exam setters often reference recent regulatory updates. If the programme highlights a new KYC requirement or a change in STR reporting timelines. Make a note and expect a question on it.

This proactive approach—staying ahead of regulatory changes—is what separates confident scorers from average ones.

Don't just attend passively. The virtual mode allows you to ask questions. And many IIBF programmes record sessions or share slides. Use these resources intensively in the days leading up to your exam.

ETHICS AT WORK PLACE PART 3 ETHICS AT WORK PLACE PART 2 ETHICS AT WORK PLACE PART 1 ETHICS AT INDIVIDUAL LEVEVL PART 3 ETHICS AT INDIVIDUAL LEVEL PART 2 ETHICS AT INDIVIDUAL LEVEL PART 1

PDF Study Notes & Cheat Sheets

54d Ppb Work Ethics and the Workplace 52d Ppb Ethics At the Individual Level 51d Ppb Ethics Business Ethics Banking an Integrated Perspective 49c Ppb Operational Aspects of Cyber Crimes Fraud Risk Management in Cyber Tech 48c Ppb Security Considerations and Mitigation Measures in Banks 47c Ppb Impact of Technology Adoption and Trends in Banking Technology

Practice Tests & Mock Exams

Recovery of Retail Loans – Repayment, Hardships, Recovery Process, NPA Recovery — Chapter Test Branch Profitability — Chapter Test Valuation of Real Property — Chapter Test Retail Banking: Role within the Bank Operations — Chapter Test Mortgage Advice — Chapter Test Housing Finance and Tax Planning — Chapter Test

Frequently Asked Questions

Will the IIBF July 2026 programme directly cover JAIIB PPB exam topics?

Yes, but indirectly. The programme focuses on regulatory guidelines and practical compliance, which form the foundation of PPB's KYC/AML chapter. It won't teach you exam questions, but it will deepen your conceptual understanding. This depth helps you answer tricky scenario-based questions confidently.

Is attendance at the IIBF programme mandatory for JAIIB exam success?

No, it's not mandatory. Your PPB textbook covers the core syllabus. However, the programme adds regulatory perspective and practical examples that textbooks sometimes lack. If you have time and your exam is in August–September 2026, attendance is highly recommended.

What is the difference between KYC and AML?

KYC is the process of identifying and verifying customer identity and beneficial ownership. AML is the broader framework to prevent money laundering and terrorism financing. KYC is a tool within the AML framework. You need to know both distinctly for your PPB exam.

How often should I update customer KYC information for my bank?

RBI guidelines require periodic updates: every two years for low-risk customers, annually for medium-risk, and quarterly (or more frequently) for high-risk customers. For your exam, remember that high-risk customers require enhanced due diligence (EDD) and more frequent monitoring.

What happens if I suspect a customer is involved in financial terrorism?

You must immediately freeze the account, report to the Financial Intelligence Unit (FIU-India), and inform your compliance officer. Do not delay or inform the customer. Your duty to the law overrides customer confidentiality. PPB exams test your decision-making in such scenarios.

Final Word

The IIBF's announcement of the July 2026 Anti-Money Laundering. KYC programme is a gift to JAIIB aspirants preparing in June–August 2026. It brings regulatory expertise directly to your screen. Highlights the real-world importance of topics that might otherwise feel abstract in your PPB textbook.

Here's what you should do right now: First, register for the virtual programme if your exam timeline allows. Second, review the PPB chapters on KYC, AML, and banking ombudsman. Third, take our Retail Banking: Role within the Bank Operations — Chapter Test to assess your current understanding of customer onboarding and compliance. Finally, download and study our PPB Ethics At the Individual Level notes to connect compliance with professional ethics.

Your JAIIB success depends not just on passing an exam. But on becoming a banker who understands why every rule exists. The IIBF programme will help you cross that bridge—from rule-follower to rule-understander.

Study hard. Stay curious. And remember: every question you master today is a customer you'll protect responsibly tomorrow.

For more on anti-money laundering KYC PPB. See the official IIBF circulars. Our chapter-wise free notes on iibf.store.

Source: Indian Institute of Banking & Finance — iibf.org.in

PPB Anti-Money Laundering & KYC: IIBF's July 2026 Programme Guide