Securities and Exchange Board of India (SEBI) has issued Master Circular on Anti Money Laundering (AML) and Combating Financing of Terrorism (CFT) - Obligations of Intermediaries under the Prevention of Money Laundering Act, 2002 and Rules Framed there under which consolidates all the requirements/instructions issued by SEBI with regard to AML/CFT. This Circular is being issued to all the intermediaries and shall also apply to their branches and subsidiaries located abroad.
It's available at the SEBI's web site @ Click here.
This Master Circular is divided into two parts; the first part is an overview on the background and essential principles that concern combating money laundering (ML) and terrorist financing (TF). The second part provides a detailed account of the procedures and obligations to be followed by all registered intermediaries to ensure compliance with AML/CFT directives.
Master Circular: http://www.sebi.gov.in/circulars/2010/cirisdaml2010.pdf
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