TMI BlogKnow 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 - Amendment to Section 13(2) - Cross Border Inward Remittance under Money Transfer Service SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... lar No. 144 June 16, 2014 To, All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) Madam / Sir, 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 - Amendment to Section 13(2) - Cross Border Inwa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iry, finds that a reporting entity or its designated director on the Board or any of its employees has failed to comply with the obligations under this Chapter, then, without prejudice to any other action that may be taken under any other provisions of this Act, he may (a) issue a warning in writing; or (b) direct such reporting entity or its designated director on the Board or any of its e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and also under the, Prevention of Money Laundering Act, (PMLA), 2002, as amended from time to time and are without prejudice to permission /approvals, if any, required under any other law. Yours faithfully, (B. P. Kanungo) Principal Chief General Manager - Circular - Trade Notice - Public ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
