Roles and Responsibilities of the Staff
Following are the roles and responsibilities of the staff
- Must have access to AML information relevant to their role or position.
- Reporting of suspicious transactions.
Bank need to take appropriate measures so that relevant employees are aware of:
- Policies and procedures put in place to prevent money laundering
- The Legal requirements contained in the PMLA and the rules and regulations framed there under.
- KYC/AML guidelines issued by the RBI from time to time.