Know Your Customer (KYC) norms/ Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/ Obligation of Authorised Persons under Prevention of Money-Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009- Money changing activities-Suspicious Transaction Reporting Format https://www.taxtmi.com/circulars?id=7820 Authorised persons engaged in money changing are classed as Financial Institutions under the PMLA and must furnish Suspicious Transaction Reports to FIU IND in prescribed formats for transactions or attempted transactions that give rise to reasonable grounds of suspicion; this reporting duty extends to franchisees, with franchisers responsible for ensuring compliance. en-us Thu, 19 Nov 2009 00:00:00 +0530 Fri, 20 Nov 2009 09:32:00 +0530 TaxTMI RSS Generator Know Your Customer (KYC) norms/ Anti-Money Laundering (AML) standards/ Combating of Financing of Terrorism (CFT)/ Obligation of Authorised Persons under Prevention of Money-Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009- Money changing activities-Suspicious Transaction Reporting Format https://www.taxtmi.com/circulars?id=7820 Authorised persons engaged in money changing are classed as Financial Institutions under the PMLA and must furnish Suspicious Transaction Reports to FIU IND in prescribed formats for transactions or attempted transactions that give rise to reasonable grounds of suspicion; this reporting duty extends to franchisees, with franchisers responsible for ensuring compliance. Circulars FEMA Thu, 19 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7820