https://www.taxtmi.com/circulars?id=69214 Registered securities intermediaries and stock exchanges must implement written AML/CFT procedures under the PMLA and SEBI Master Circular, encompassing client acceptance policies, client identification and beneficial ownership verification, ongoing CDD with enhanced measures for high risk clients, risk based monitoring and documented risk assessments. They must preserve transaction and identification records to enable audit trails, promptly report suspicious and reportable cash transactions to FIU IND in prescribed formats, maintain sanctions/designated lists and freeze or suspend transactions as required, and appoint designated compliance officers (Principal Officer and Designated Director) with independent audit and training arrangements. en-us Thu, 06 Jun 2024 00:00:00 +0530 Tue, 03 Mar 2026 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69214 Registered securities intermediaries and stock exchanges must implement written AML/CFT procedures under the PMLA and SEBI Master Circular, encompassing client acceptance policies, client identification and beneficial ownership verification, ongoing CDD with enhanced measures for high risk clients, risk based monitoring and documented risk assessments. They must preserve transaction and identification records to enable audit trails, promptly report suspicious and reportable cash transactions to FIU IND in prescribed formats, maintain sanctions/designated lists and freeze or suspend transactions as required, and appoint designated compliance officers (Principal Officer and Designated Director) with independent audit and training arrangements. Circulars SEBI Thu, 06 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69214