Roles and Responsibilities of the Staff

 

Roles and Responsibilities of the Staff

Following are the roles and responsibilities of the staff

• Must have access to AML information relevant to their role or position.
• Reporting of suspicious transactions.

Bank need to take appropriate measures so that relevant employees are aware of:

1. Policies and procedures put in place to prevent money laundering
2. The Legal requirements contained in the PMLA and the rules and regulations framed thereunder.
3. KYC/AML guidelines issued by the RBI from time to time.

 

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