Money mule activity is a key enabler of financial crime in today’s rapidly evolving digital landscape. Criminal networks exploit individuals and accounts to move illicit funds through the banking system, often going undetected. Branches play a critical front line role, as they are often the first to observe unusual customer behaviour and transaction patterns.

This e-learning module builds awareness of money mule typologies, red flag indicators, and the responsibilities of all lines of defence, from on-boarding to filing STRs. It also highlights recent regulatory and supervisory measures, including initiatives by the RBI, I4C, and inter-agency collaboration to strengthen controls. Through practical examples and evolving threat insights, the module equips you to identify, prevent, and report money mule activity effectively.

About the Trainer

Himanshu Vasa

Empaneled Trainer

Himanshu Vasa is Former President & Chief Compliance Officer of Kotak Mahindra Bank with over 34 years of strategic and operational leadership in banking, financial services, and consulting. His expertise in corporate governance, regulatory compliance, enterprise risk management, and strategic transformation and ability to resolve regulatory and operational challenges has earned him the Certificate of Recognition of Excellence at the CFO 100 awards function for 7 consecutive years.