Question

Which of the following conditions must be satisfied for a Regulated Entity (R

  • D under RBI’s KYC/AML framework?
  • E to rely on third-party customer due diligence (CD
A Third-party records must be immediately accessible to the RE
B The third party must be regulated and compliant under the PML Act
C The third party must not be based in a high-risk jurisdiction
D The RE must ensure availability and verification of identification data
E All of the above
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