TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Issues Circular on KYC, AML, CFT Compliance; Highlights Risks with Iran and DPRK Transactions Under PMLA 2002.</h1> The Reserve Bank of India issued a circular to all authorized persons regarding compliance with Know Your Customer (KYC) norms, Anti-Money Laundering (AML) standards, and Combating the Financing of Terrorism (CFT) obligations under the Prevention of Money Laundering Act (PMLA), 2002, as amended. The circular highlights the Financial Action Task Force's (FATF) statement identifying jurisdictions with AML/CFT deficiencies, specifically Iran and the Democratic People's Republic of Korea (DPRK). Authorized persons are advised to consider the risks associated with these jurisdictions in business transactions. Non-compliance with these guidelines may result in penalties under relevant acts and rules.
TaxTMI 
TaxTMI 
