AML & CFT guidelines for dealers in precious metals and precious stones, 2023
AML & CFT guidelines for dealers in precious metals and precious stones, 2023
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Sagar Tanna, CEO receives ET Global India Leaders Award 2022
With immense pleasure we would like to share the news that our founder & CEO Mr. Sagar Tanna has been awarded the prestigious Economic Times Global Indian Leaders Award 2022. The ‘ET Global Indian Leaders’ is a celebration of professional and entrepreneurial excellence across multiple sectors and industries.The event was graced by Dia Mirza – […]
TSS Consultancy rolls out Employee Stock Ownership Plan
Over the years every member of the company has been contributing to the success of TSS. We recognise the wealth creation opportunity that is deserved by approximately 20% of the company members who have been extremely hardworking to fight financial crimes. We have successfully completed our first round of granting employee stock options which has […]
Periodic Updation of CKYC Details of Customers
The Reserve Bank has, from time to time, taken measures to rationalise the KYC related instructions taking into account the available technological options for enhancing customers’ convenience within the framework prescribed under the Prevention of Money Laundering Act, 2002 (PMLA) and rules framed thereunder.
NPO Guidance Note India
Terrorist organizations use advanced techniques to finance their activities, including the use of multiple financial transactions, a variety of financial instruments and other types of value-storing assets, different financial institutions, accountants, financial advisers, shell corporations, and other service providers, as well as a complex web of transfers to and from different countries.
FAQs – Structured Digital Database – Annexure B
SEBI (Prohibition of Insider Trading) Regulations, 2015 (hereinafter referred to as “PIT Regulations, 2015”) came into effect from May 15, 2015. Subsequently amendments were made to put in place a framework for prohibition of insider trading in securities and to strengthen the legal framework to cater to changing dynamics of the market. SEBI, vide the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, introduced the concept of Structured Digital Database (hereinafter referred to as “SDD” or the “Database”) which came into effect from April 01, 2019. Considering the requirement to bring clarity on the maintenance of SDD, SEBI introduced further amendments in the year 2020 and issued FAQs in April 2021 on the same.
Prohibition of Insider Trading (Amendment) Regulations , 2022
सं. सेबी/एल.ए.डी.-एन.अर.ओ./जी.एन./2022/108.—बोडड, भारतीय प्रजतभूजत और जिजनमय बोडड ऄजधजनयम, 1992 (1992 का 15) की धारा 11 की ईप-धारा (2) केखंड (छ) और धारा 12क केखंड (घ) एिं खंड (ङ) केसाथ पठित धारा 30 द्वारा प्रदान की गइ िजियों का प्रयोग करतेहुए, एतद्द्वारा भारतीय प्रजतभूजत और जिजनमय बोडड (ऄंतरंग व्यापार का प्रजतषेध) जिजनयम, 2015 का और संिोधन करनेकेजलए जनम्नजलजखत जिजनयम बनाता है, ऄथाडत्:-
1. आन जिजनयमों को भारतीय प्रजतभूजत और जिजनमय बोडड(ऄंतरंग व्यापार का प्रजतषेध) (संिोधन) जिजनयम, 2022 कहा जा सके गा ।
2. ये जिजनयम ईस तारीख को लागू होंगे, जो बोडड राजपत्र मेंऄजधसूचना जारी करके जनधाडठरत करे।
Modifications under IFSCA (AMl,CFT & KYC) Guidelines, 2022
Modifications under IFSCA (AMl,CFT & KYC) Guidelines, 2022
Master Guidelines on AML/CFT 2022 – extension of time for Implementation
This has reference to Master Guidelines on Anti-Money Laundering/ Counter Financing of Terrorism (AML/CFT), 2022 issued vide ref. IRDAI/IID/GDL/MISC/ 160/8/2022 dated 1st August 2022. 2. As per the para 2.3 of the Guidelines, the Guidelines would come into force from 1st November 2022.
Master Guidelines on Anti-Money Laundering/ Counter Financing of Terrorism (AML/CFT), 2022
IRDAI had issued Master Guidelines on AML/CFT for General insurers and Life insurers in 2013 and 2015 respectively. Subsequently, multiple circulars had been issued on the subject.