Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Amendment Rules, 2007. https://www.taxtmi.com/notifications?id=119708 Amendment revises suspicious transaction definitions to include transactions lacking economic rationale or suggesting terrorism financing and those involving forged or counterfeit currency or securities. It requires the Principal Officer to furnish monthly reports for routine categories and to provide prompt written, fax or electronic reports within a short working day window for forgery/counterfeit and suspicious transactions, and reduces multiple certified copy requirements to a single certified copy. en-us Thu, 24 May 2007 00:00:00 +0530 Thu, 24 Nov 2016 14:39:00 +0530 TaxTMI RSS Generator Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Amendment Rules, 2007. https://www.taxtmi.com/notifications?id=119708 Amendment revises suspicious transaction definitions to include transactions lacking economic rationale or suggesting terrorism financing and those involving forged or counterfeit currency or securities. It requires the Principal Officer to furnish monthly reports for routine categories and to provide prompt written, fax or electronic reports within a short working day window for forgery/counterfeit and suspicious transactions, and reduces multiple certified copy requirements to a single certified copy. Notifications Money Laundering Thu, 24 May 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119708