Norms/AML Standards/Combating Financing of Terrorism/Obligation of Authorised Persons under PMLA, 2002, as amended by PML (Amendment) Act, 2009 – Cross Border Inward Remittance under MTSS https://www.taxtmi.com/circulars?id=8331 Authorised Persons under MTSS must conduct full-scale Customer Due Diligence and withhold payment where identity or documentation cannot be verified; they must file an STR when no longer satisfied about a customer's true identity. Transactions involving Politically Exposed Persons require senior-level approval and ongoing enhanced monitoring; Principal Officers must ensure overall compliance and Indian Agents are responsible for sub-agent adherence. en-us Thu, 25 Nov 2010 00:00:00 +0530 Tue, 30 Nov 2010 22:00:00 +0530 TaxTMI RSS Generator Norms/AML Standards/Combating Financing of Terrorism/Obligation of Authorised Persons under PMLA, 2002, as amended by PML (Amendment) Act, 2009 – Cross Border Inward Remittance under MTSS https://www.taxtmi.com/circulars?id=8331 Authorised Persons under MTSS must conduct full-scale Customer Due Diligence and withhold payment where identity or documentation cannot be verified; they must file an STR when no longer satisfied about a customer's true identity. Transactions involving Politically Exposed Persons require senior-level approval and ongoing enhanced monitoring; Principal Officers must ensure overall compliance and Indian Agents are responsible for sub-agent adherence. Circulars FEMA Thu, 25 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8331