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.
In this circular, the Know Your Customer (KYC) guidelines have been revisited in the context of the recommendations made by the Financial Action Task Force (FATF) on Anti Money Laundering (AML) standards and on Combating Financing of Terrorism (CFT)
NSDL published a circular on ‘ ‘Surveillance Obligation of Depository participants’ on 15th July 2021. Refer to the circular for detailed information
CDSL published a circular on ‘ ‘Surveillance Obligation of Depository participants’ on 15th July 2021. Refer to the circular for detailed information
The Bombay Stock Exchange published a circular on ‘Surveillance Obligation of Trading members’ as of 01st July 2021’ Refer to the circular for detailed information
The National Stock Exchange and Bombay Stock Exchange published a circular on ‘Surveillance Obligation of Trading members in Depository participants as on 01st July 2021’ Refer to the circular for detailed information
RBI Risk assessment Circular
The Directives as outlined in this circular provide guidance on the practical implications of the PMLA,2002.These Directives are intended
The NGO- DARPAN is a platform that provides space for interface between VOS/NGOS and key Government Ministries /Departments/Government Bodies. This is a free facility offered by the NITI Aayog in association with National Informatics Centre to bring about greater partnership between Government & Voluntary sector and foster better transparency, efficiency and accountability.
In order to prevent banks and other financial institutions from being used as a channel for Money Laundering (ML)/ Terrorist Financing (TF) and to ensure the integrity and stability of the financial system, efforts are continuously being made both internationally and nationally, by way of prescribing various rules and regulations.