SEBI Proposes Mandatory AML/CFT Certification for Market Intermediaries’ Principal Officers
The Securities and Exchange Board of India (SEBI) proposed Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) certification compulsory for principal offers of registered intermediaries to make them more knowledgeable, competent and professional while implementing regulatory norms. The move is part of the SEBI’s strategy of ensuring adequate expertise among principal officers to detect suspicious transactions, evaluate money-laundering risks, and adhere to reporting obligations under the AML/CFT framework. The SEBI, in a statement, while acknowledging the central role of Principal officers in ensuring adherence to AML/CFT framework, revealed the proposal concerning AML/CFT certification for principal officers.

























