AMLP Forum
  • Home
  • Membership
  • Events
  • Resource Centre
  • Training
  • CPD
Select Page

Reserve Bank of India (RBI) has overhauled its ‘Master’ Know Your Customer (KYC) guidelines

by Jyotsna Bucktowar | Oct 15, 2023

RBI has issued new guidelines for Know Your Customer (KYC) to strengthen the customer verification system. Under this, banks and non-banking financial companies (NBFCs) have been asked to adopt a risk-based approach regarding KYC updates from time to time…

RBI amends its Master Direction on KYC to strengthen CDD and risk-based monitoring requirements for regulated entities

by Jyotsna Bucktowar | Jun 20, 2023

The amendments, which came into effect on May 10, 2023, are aimed at preventing ML and TF. The key changes to the MD on KYC include: Enhanced CDD requirements: REs will now be required to conduct enhanced CDD for high-risk customers, including (PEPs) and those...

Recent Posts

  • UK Govt and MAS Singapore pledge joint crackdown on FC, focusing on digital finance risks, AI misuse, cross-border fraud, ESG integrity, tokenisation oversight, and global disclosure alignment
  • INTERPOL’s Crime Trend update reveals scam centres have become global crime hubs, spreading beyond Southeast Asia to 66 countries, driven by human trafficking, crypto fraud, and AI-driven scams
  • FinCEN launches “COMMAND” Exchange series to disrupt illicit financial networks tied to drug and human trafficking, starting in cartel-prone U.S.–Mexico border hubs McAllen and El Paso
  • FATF’s latest VASPs report exposes major gaps in virtual asset compliance, rising stablecoins misuse and weak cross-border supervision, calling for urgent global enforcement and coordinated action
  • Europol’s latest podcast warns that AI is accelerating organised crime via deepfakes, cyberattacks, and disinformation, urging law enforcement to adopt AI-powered tools

Recent Comments

    Archives

    • July 2025
    • June 2025
    • May 2025
    • March 2025
    • January 2025
    • December 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • January 2021
    • December 2020
    • November 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020

    Categories

    • ABC Forums
    • Brexit
    • Conferences
    • Event
    • Industry
    • Legal
    • Meetings
    • Money Laundering
    • News
    • Resources
    • Section
    • Speaker
    • Topic
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    About Us
    Advisory Panel
    AMLP Accreditation

    Request a Certificate
    Become a Member
    Become a Sponsor

    Contact Us
    Data Privacy
    Terms of Use