Government Asks CMDS of Public Sector Banks and LIC to Initiate Immediate Action Against those Exposed by Cobrapost, Red Spider 2 Expose https://www.taxtmi.com/news?id=11146 Institutions must suspend any officer or agent who appears to advise customers in ways that could facilitate money laundering or defeat KYC and due diligence norms, initiate and complete expeditious inquiries and special audits as necessary, divest duties and place on leave those whose conduct risks institutional disrepute, and submit a detailed report naming the employee, designation, and action taken. en-us Mon, 06 May 2013 18:58:57 +0530 Mon, 06 May 2013 18:58:57 +0530 TaxTMI RSS Generator Government Asks CMDS of Public Sector Banks and LIC to Initiate Immediate Action Against those Exposed by Cobrapost, Red Spider 2 Expose https://www.taxtmi.com/news?id=11146 Institutions must suspend any officer or agent who appears to advise customers in ways that could facilitate money laundering or defeat KYC and due diligence norms, initiate and complete expeditious inquiries and special audits as necessary, divest duties and place on leave those whose conduct risks institutional disrepute, and submit a detailed report naming the employee, designation, and action taken. News - Mon, 06 May 2013 18:58:57 +0530 https://www.taxtmi.com/news?id=11146