a)properly documented periodical training is provided to all employees handling cash;
b)training is provided to detect counterfeits, both in local as well as in foreign currencies;
c)the training material covers complete counterfeit detection procedures, internal/external reporting procedures and identification features of relevant currencies that the Licensed Person may usually buy or sell across its branches;
d)two such trainings are provided to employees during the first year of their employment and annual training is given thereafter; and
e)identification features of newly introduced currencies, whether local or foreign, must be communicated immediately to all relevant employees.
12.3.2Counterfeit identification training may be in-house, external/outsourced, web based or a combination of all these;
Book traversal links for 12.3 Counterfeit Identification Training