QUIZTest your understanding - Understanding Anti-money laundering requirments for KYC compliance
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The UBO declaration is applicable only to eligible foreign investors.
Information about beneficial ownership is mandatory for all investors except Individuals and a Company listed on a stock exchange or a majority owned subsidiary of such a Company.
The IPV must be carried out by an authorized mutual fund distributor.
An independent body that receives financial information pursuant to India's anti-money laundering laws
The Income Tax department has prescribed certain requirements relating to Know Your Customer (KYC) norms for the financial intermediaries in securities market to follow in order to combat money laundering.