Money Changers Must Follow KYC, AML, and CFT Rules Under PMLA 2002 to Prevent Financial Crimes.

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Full Text of the Document

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....Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards / Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of Money Laundering Act, (PMLA), 2002, as amended by Prevention of Money Laundering (Amendment) Act, 2009 – Money changing activities. - Cir. No. 60 Dated: December 22, 2011....