IFSCA on 26 October, 2023 has issued Modifications under the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022. Financial Groups are required to implement Group-wide programmes for the purpose of discharging obligations under the provisions of Chapter-IV of the Act, Rules and Guidelines including group- wide policies and procedures for sharing of information required for the purpose of CDD and ML/TF risk management.
Consultation paper on Maintenance of Record of Mandatory Communication by Regulated Entities
3 September 2024
It is proposed that the regulated entities maybe mandated to maintain the record of all such communication, which are mandated to be communicated under the
