https://www.taxtmi.com/circulars?id=52856 Authorised Persons engaged in money-changing activities and subject to KYC/AML/CFT obligations must maintain and preserve the required customer and transaction records for at least five years, replacing the prior ten-year requirement; this change follows the amendment to the Prevention of Money Laundering Act and is issued under the Foreign Exchange Management Act and the Prevention of Money Laundering Act, without prejudice to permissions or approvals under other laws. en-us Wed, 25 Jun 2014 00:00:00 +0530 Thu, 26 Jun 2014 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52856 Authorised Persons engaged in money-changing activities and subject to KYC/AML/CFT obligations must maintain and preserve the required customer and transaction records for at least five years, replacing the prior ten-year requirement; this change follows the amendment to the Prevention of Money Laundering Act and is issued under the Foreign Exchange Management Act and the Prevention of Money Laundering Act, without prejudice to permissions or approvals under other laws. Circulars FEMA Wed, 25 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52856