https://www.taxtmi.com/circulars?id=58174 Consolidated Master Circular requires SEBI registered intermediaries to adopt written AML procedures, KYC/CDD and client acceptance policies, verify beneficial ownership, apply a risk based approach with enhanced due diligence for higher risk clients (including PEPs and Clients of Special Category), monitor and preserve transaction records to permit reconstruction, and report Cash Transaction Reports and Suspicious Transaction Reports to FIU IND in prescribed formats and timeframes. Intermediaries must designate a Principal Officer for reporting, prohibit tipping off, provide employee screening and AML training, implement investor education, and apply the more stringent standard when overseas host country rules differ; freezing and sanction obligations under UAPA must be complied with. en-us Fri, 31 Dec 2010 00:00:00 +0530 Tue, 11 Dec 2018 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58174 Consolidated Master Circular requires SEBI registered intermediaries to adopt written AML procedures, KYC/CDD and client acceptance policies, verify beneficial ownership, apply a risk based approach with enhanced due diligence for higher risk clients (including PEPs and Clients of Special Category), monitor and preserve transaction records to permit reconstruction, and report Cash Transaction Reports and Suspicious Transaction Reports to FIU IND in prescribed formats and timeframes. Intermediaries must designate a Principal Officer for reporting, prohibit tipping off, provide employee screening and AML training, implement investor education, and apply the more stringent standard when overseas host country rules differ; freezing and sanction obligations under UAPA must be complied with. Circulars SEBI Fri, 31 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58174