The National Commodity & Derivatives Exchange Limited (NCDEX) on December 02, 2024, issued a notification regarding the FATF Public statement on jurisdictions on call for action and increased monitoring October 2024 Plenary.
The NCDEX circular dated November 12, 2024, references the FATF public statement on jurisdictions under increased monitoring and those on the call for action following the October 2024 plenary. To comply, NCDEX members must submit information regarding actions taken concerning these jurisdictions.
The submission process is accessible via the WEB NCFE portal under the path: Compliance → FATF - October 2024. Members are required to complete and submit the required information by December 20, 2024. This compliance measure ensures adherence to FATF recommendations and regulatory guidelines.
[Notification No. NCDEX/COMPLIANCE-088/2024]
