RBI/2012-13/484
A.P. (DIR Series) Circular No. 101
May 2, 2013
To,
All Authorised Persons
Madam/ Dear Sir,
Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Standards – Money changing activities
Please refer to our A.P.(DIR Series) Circular No. 70 dated January 10, 2013 on risks arising from the deficiencies in AML/CFT regime of certain jurisdiction.
2. Financial Action Task Force (FATF) has updated its Statement on the subject and document ‘Improving Global AML/CFT Compliance: on-going process’ on February 22, 2013 (DBOD.AML.No.12913/14.01.001/2012-13 dated March 11, 2013). The statement /document can be accessed from the following URLs also :
http://www.fatf-gafi.org/documents/documents/fatfpublicstatement22february2013.html and
3. Authorised Persons are accordingly advised to consider the information contained in the enclosed statement.
4. This, however, does not preclude Authorised Persons from legitimate transactions with these countries and jurisdictions.
5. These guidelines are also applicable mutatis mutandis to all agents/ franchisees of Authorised Persons and it will be the sole responsibility of the franchisers to ensure that their agents / franchisees also adhere to these guidelines.
6. Authorised Persons may bring the contents of this circular to the notice of their constituents concerned.
7. Please advise your Principal Officer to acknowledge receipt of this circular letter.
8. The directions contained in this Circular have been issued under Section 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 by Prevention of Money Laundering (Amendment) Act, 2009 and Prevention of Money-Laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Rules, 2005 as amended from time to time and are without prejudice to permission /approvals, if any, required under any other law.
Yours faithfully,
(Rudra Narayan Kar)
Chief General Manager-in-Charge
Thank you, I’ve recently been looking for info approximately this topic for a long time and yours is the best I have found out so far. However, what about the bottom line? Are you positive in regards to the supply?
Thanks for making me to attain new thoughts about pcs. I also possess the belief that one of the best ways to maintain your mobile computer in leading condition has been a hard plastic-type material case, or even shell, that fits over the top of one’s computer. A majority of these protective gear are generally model unique since they are manufactured to fit perfectly across the natural casing. You can buy these directly from the owner, or via third party places if they are readily available for your laptop computer, however not all laptop could have a covering on the market. Once again, thanks for your points.
okmark your weblog and check again here regularly. I’m quite sure I?ll learn many new stuff right here! Good luck for the next!
I just couldn’t depart your site prior to suggesting that I extremely enjoyed the standard info a person provide for your visitors? Is gonna be back often in order to check up on new posts
obviously like your website but you need to check the spelling on quite a few of your posts. Many of them are rife with spelling problems and I find it very bothersome to tell the truth nevertheless I?ll surely come back again.
Great post made here. One thing I would like to say is that often most professional fields consider the Bachelor’s Degree like thejust like the entry level standard for an online diploma. Although Associate Degrees are a great way to start, completing the Bachelors reveals many doors to various occupations, there are numerous online Bachelor Diploma Programs available from institutions like The University of Phoenix, Intercontinental University Online and Kaplan. Another concern is that many brick and mortar institutions make available Online types of their qualifications but often for a greatly higher charge than the firms that specialize in online course programs.
I additionally believe that mesothelioma is a exceptional form of many forms of cancer that is usually found in these previously familiar with asbestos. Cancerous cellular material form within the mesothelium, which is a defensive lining which covers the vast majority of body’s areas. These cells usually form in the lining from the lungs, belly, or the sac which encircles the heart. Thanks for revealing your ideas.
One thing I would like to touch upon is that fat reduction plan fast can be performed by the perfect diet and exercise. Someone’s size not merely affects appearance, but also the quality of life. Self-esteem, despression symptoms, health risks, as well as physical skills are damaged in putting on weight. It is possible to just make everything right and at the same time having a gain. Should this happen, a medical problem may be the culprit. While an excessive amount of food and never enough workout are usually guilty, common health concerns and trusted prescriptions might greatly amplify size. I am grateful for your post right here.
This is very interesting, You’re a very skilled blogger. I have joined your rss feed and look forward to seeking more of your fantastic post. Also, I’ve shared your site in my social networks!