Para 4 - Written Anti Money Laundering Procedures - Guidelines for Anti-money laundering measures

PART II DETAILED GUIDELINES 4. Written Anti Money Laundering Procedures 4.1 Each registered intermediary should adopt written procedures to implement the anti money laundering provisions as envisaged under the Anti Money Laundering Act, 2002. Such procedures should include inter alia, the following three specific parameters which are related to the overall Client Due Diligence Process : a. Policy for acceptance of clients b. Procedure for identifying the clients c. Transaction monitoring and reporting especially Suspicious Transactions Reporting (STR)