Amendment to the Circular titled “Exempting certain entities/activities from the applicability of International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022”.

IFSCA has amended its circular on exemptions from the AML/CFT/KYC Guidelines, 2022, revising the scope and conditions under which specified entities and activities are exempt from compliance requirements within IFSCs.