Top bourse BSE on Friday asked its trading members to inform the exchange about the number of suspicious transactionsreports filed with the government’s Financial Intelligence Unit (FIU-IND) on a monthly basis.
“Trading members are hereby informed that as part of Prevention of Money Laundering Act (PMLA) compliance, trading members shall be henceforth required to report the number of STRs filed by them with the FIU-IND to the exchange on a monthly basis. The process of submission of the said details shall be intimated shortly,” the BSE said in a circular on Friday.
