https://www.taxtmi.com/circulars?id=12020 Authorised persons in money-changing activities must consider the FATF October 2012 statement identifying jurisdictions with strategic AML/CFT deficiencies and apply risk-based measures and enhanced scrutiny for relationships or transactions involving those jurisdictions. The guidance applies mutatis mutandis to agents and franchisees, with franchisers responsible for compliance, and is issued under the Foreign Exchange Management Act and the Prevention of Money Laundering Act. en-us Thu, 10 Jan 2013 00:00:00 +0530 Wed, 11 Feb 2026 15:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=12020 Authorised persons in money-changing activities must consider the FATF October 2012 statement identifying jurisdictions with strategic AML/CFT deficiencies and apply risk-based measures and enhanced scrutiny for relationships or transactions involving those jurisdictions. The guidance applies mutatis mutandis to agents and franchisees, with franchisers responsible for compliance, and is issued under the Foreign Exchange Management Act and the Prevention of Money Laundering Act. Circulars FEMA Thu, 10 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12020