https://www.taxtmi.com/circulars?id=52175 Anti money laundering and combating the financing of terrorism standards apply to cross border inward remittances under the Money Transfer Service Scheme; Authorised Persons (Indian Agents) must consider FATF guidance on jurisdictions with AML/CFT deficiencies. The directive does not bar legitimate transactions but imposes responsibility on Indian Agents to ensure Sub Agent compliance, notify constituents, obtain Principal Officer acknowledgement, and observe statutory due diligence, verification and record keeping obligations. en-us Thu, 02 May 2013 00:00:00 +0530 Fri, 03 May 2013 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52175 Anti money laundering and combating the financing of terrorism standards apply to cross border inward remittances under the Money Transfer Service Scheme; Authorised Persons (Indian Agents) must consider FATF guidance on jurisdictions with AML/CFT deficiencies. The directive does not bar legitimate transactions but imposes responsibility on Indian Agents to ensure Sub Agent compliance, notify constituents, obtain Principal Officer acknowledgement, and observe statutory due diligence, verification and record keeping obligations. Circulars FEMA Thu, 02 May 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52175