https://www.taxtmi.com/circulars?id=66437 The Master Circular mandates that securities market intermediaries implement written AML/CFT policies approved by senior management, apply a risk based Client Due Diligence process including KYC and beneficial ownership identification, perform ongoing transaction monitoring, report suspicious and specified transactions to FIU IND within prescribed timelines, maintain and retain client and transaction records to provide an audit trail, and designate a Principal Officer and Designated Director to ensure compliance; reliance on third parties for CDD is permitted subject to conditions, but ultimate responsibility remains with the intermediary. en-us Fri, 03 Feb 2023 00:00:00 +0530 Tue, 03 Mar 2026 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66437 The Master Circular mandates that securities market intermediaries implement written AML/CFT policies approved by senior management, apply a risk based Client Due Diligence process including KYC and beneficial ownership identification, perform ongoing transaction monitoring, report suspicious and specified transactions to FIU IND within prescribed timelines, maintain and retain client and transaction records to provide an audit trail, and designate a Principal Officer and Designated Director to ensure compliance; reliance on third parties for CDD is permitted subject to conditions, but ultimate responsibility remains with the intermediary. Circulars SEBI Fri, 03 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66437