NSE Trading members to update the actions taken for the necessary changes in the FATF module by December 20, 2024

NSE has directed its members to update the actions taken by them in the prescribed format in the Financial Action Task Force (FATF) module. This is with regard to the necessary changes made in FATF module in ENIT New Compliance as mentioned by FATF in the following-

(FATF Public statement on jurisdictions on call for action and increased monitoring – October 2024 Plenary)

The link for submission shall be enabled from Friday, December 06, 2024 and the due date for submission shall be Friday, December 20, 2024. Members to comply with the aforesaid requirements within the prescribed timelines to avoid any penal charges/disciplinary action for the non/late submission of the report as prescribed vide Exchange Circular Ref. No. NSE/INSP/53530 dated September 02, 2022.

In case the same is not applicable, members may select ‘not applicable’ and submit declaration.

Refer the user manual attached to the circular for detailed procedure.

Circular is hyperlinked below for ease of reference.

Source: NSE