Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Measures - Combating of Financing of Terrorism (CFT) / Obligations of Banks under Prevention of Money Laundering Act (PMLA), 2002 https://www.taxtmi.com/circulars?id=12083 Primary (Urban) Co-operative Banks must implement KYC/AML/CFT measures, establish periodic reviews for risk categorisation, update customer identification data, and maintain customer profiles to enable effective transaction monitoring and prevent use of banking channels for unlawful activity. en-us Mon, 25 Feb 2013 00:00:00 +0530 Tue, 26 Feb 2013 10:14:00 +0530 TaxTMI RSS Generator Know Your Customer (KYC) Norms / Anti-Money Laundering (AML) Measures - Combating of Financing of Terrorism (CFT) / Obligations of Banks under Prevention of Money Laundering Act (PMLA), 2002 https://www.taxtmi.com/circulars?id=12083 Primary (Urban) Co-operative Banks must implement KYC/AML/CFT measures, establish periodic reviews for risk categorisation, update customer identification data, and maintain customer profiles to enable effective transaction monitoring and prevent use of banking channels for unlawful activity. Circulars FEMA Mon, 25 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12083