https://www.taxtmi.com/circulars?id=8593 Authorised persons in money changing activities must apply enhanced KYC and AML/CFT measures by assessing risks from jurisdictions identified by FATF as having strategic deficiencies and consider those risks when entering business relationships or transactions with persons or entities from such jurisdictions. These directions are issued under the Foreign Exchange Management Act and the Prevention of Money Laundering Act; non compliance may attract penal or regulatory consequences, and authorised persons should notify constituents and obtain acknowledgement from their Principal Officer. en-us Wed, 06 Apr 2011 00:00:00 +0530 Wed, 13 Apr 2011 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8593 Authorised persons in money changing activities must apply enhanced KYC and AML/CFT measures by assessing risks from jurisdictions identified by FATF as having strategic deficiencies and consider those risks when entering business relationships or transactions with persons or entities from such jurisdictions. These directions are issued under the Foreign Exchange Management Act and the Prevention of Money Laundering Act; non compliance may attract penal or regulatory consequences, and authorised persons should notify constituents and obtain acknowledgement from their Principal Officer. Circulars FEMA Wed, 06 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8593