https://www.taxtmi.com/circulars?id=8656 The circular amends KYC/AML/CFT rules for money changing authorised persons by setting a rupee equivalent threshold for requiring retention of identification copies, obliging verification and possible suspicious transaction reporting where structuring is suspected, mandating enhanced CDD on any suspicion and full CDD where risk is not low, and expanding record keeping to cover aggregated series exceeding the prescribed threshold, receipts by non profit organisations above the threshold, transactions involving forged or counterfeit currency or documents, and all suspicious transactions under the PML Rules. en-us Mon, 16 May 2011 00:00:00 +0530 Sat, 21 May 2011 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8656 The circular amends KYC/AML/CFT rules for money changing authorised persons by setting a rupee equivalent threshold for requiring retention of identification copies, obliging verification and possible suspicious transaction reporting where structuring is suspected, mandating enhanced CDD on any suspicion and full CDD where risk is not low, and expanding record keeping to cover aggregated series exceeding the prescribed threshold, receipts by non profit organisations above the threshold, transactions involving forged or counterfeit currency or documents, and all suspicious transactions under the PML Rules. Circulars FEMA Mon, 16 May 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8656