Wednesday, April 22, 2020

Banks and NBFCs should carry out Money Laundering Risk Assessment Periodically: RBI

The Reserve Bank of India ( RBI ) said that, Banks and NBFCs should carry out Money Laundering Risk Assessment Periodically. The RBI has amended the KYC master direction whereby it has been specified that the Banks and NBFCS shall carry out ML and TF risk assessment exercise periodically. The Master Direction on KYC dated […]

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