IFSCA FAQ on International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing And Know Your Customer) Guidelines, 2022

IFSCA has issued Frequently Asked Questions (FAQs) on International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing And Know Your Customer) Guidelines, 2022. The regulations shall be applicable to every Regulated Entity (RE) which is licensed, recognized, registered by International Financial Services Centres Authority (IFSCA) and also to the Regulated Entities authorized by it, to the extent specified. The provisions of the Guidelines shall also apply to the Financial Group of the Regulated Entity.

The FAQ also provides clarifications regarding designated person’s, KYC & customer due diligence process.

RECENT UPDATES

National Cooperative Policy

Government on 15.02.2023, has approved the Plan for strengthening cooperative movement in the country and deepening its reach up to the grassroots. The Plan envisages

Read More »