The Bombay Stock Exchange (BSE) on March 21, 2024, notified regarding the FATF Public Statements after the February 2024 Plenary.
This is regarding the Exchange notice no. 20240301-20 dated March 01, 2024, on FATF Public Statement on jurisdictions on call for action and increased monitoring - February 2024 Plenary released by the Financial Action Task Force (FATF).
Because of the same, all members are required to update the actions taken by them in the prescribed format in electronic form on BEFS (BSE Electronic Filing System). The module for submission will be enabled at the following link from March 26, 2024.
All members are advised to ensure compliance with the above requirement and submit the FATF declaration in electronic form only through BEFS by April 15, 2024.
The declaration submitted by members shall be considered pending in case it is not stamped/physically signed on the letterhead of the organization or digitally signed by the Authorized signatory /Compliance Officer of the organization.
A detailed user manual is enclosed as Annexure 1 is attached to the document.
[Notification No. 20240321-44]
