SEBI proposes mandatory AML/CFT certification for principal officers of market intermediaries
Under SEBI’s proposed framework, these officials would be required to possess adequate knowledge of the Prevention of Money Laundering Act, customer due diligence, beneficial ownership requirements, risk-based classification of clients, enhanced due diligence and transaction monitoring systems. File | Photo Credit: Getty Images Markets regulator Securities and Exchange Board of India (SEBI) on Friday (November…