https://www.taxtmi.com/circulars?id=63379 Intermediaries must adopt written AML/CFT procedures under the PMLA: implement risk sensitive client acceptance and CDD (including beneficial ownership and PEP checks), transaction monitoring, record keeping enabling reconstruction of transactions, retention of records for prescribed periods, internal escalation to designated officers, and timely reporting of suspicious and cash transactions to FIU IND; reliance on third parties for CDD is allowed subject to Rule 9 conditions but the intermediary remains ultimately responsible. en-us Tue, 15 Oct 2019 00:00:00 +0530 Wed, 08 Jan 2020 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63379 Intermediaries must adopt written AML/CFT procedures under the PMLA: implement risk sensitive client acceptance and CDD (including beneficial ownership and PEP checks), transaction monitoring, record keeping enabling reconstruction of transactions, retention of records for prescribed periods, internal escalation to designated officers, and timely reporting of suspicious and cash transactions to FIU IND; reliance on third parties for CDD is allowed subject to Rule 9 conditions but the intermediary remains ultimately responsible. Circulars SEBI Tue, 15 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63379