IFSCA (AML, CFT and KYC) Guidelines, 2022
AML/CFT and KYC rulebook for every entity the IFSCA regulates in GIFT IFSC.
- Applies in
- India
- Edition
- Notified 28 Oct 2022; consolidated to 2 Jan 2026
- Area
- Financial crime (AML/CFT/CPF)
What an assessor reads first.
The headline requirements in Amoreg’s catalogue, in the issuer’s own numbering where it has one. They are where a review starts, not a transcription of the text.
- 3.1Identify and assess business-level ML/TF risksRisk assessment
- 4.1Assess and rate each customer's ML/TF riskRisk assessment
- 5.4Apply customer due diligence requirementsCustomer due diligence
- 5.6Apply enhanced due diligence for higher-risk customersCustomer due diligence
- 5.9Screen customers continuously against UNSC and other sanctions listsSanctions
- 8.2Appoint a management-level, certified Principal OfficerGovernance
- 9.2Keep records at least six years after the relationship or transaction endsRecords
- Annex I (iii)Submit STRs to FIU-IND promptly and NTRs by the 15th of the next monthReporting
How Amoreg keeps you on it.
Enable the IFSCA (AML, CFT and KYC) Guidelines, 2022 and the Monitor suggests IFSCA as a source. Every publication it records keeps its source, stage and date.
Inspector reads your policies against these 8 requirements every week and opens a finding wherever one falls short, citing the rule and drafting the fix. A person decides what is applied.
Each week
- Read ifsca.gov.in/Legal/Index?MId=mmImZ5oR114%3D
- Check the library against 8 requirements
- Open findings with drafted fixes
- Wait for a person to decide
Policy does not yet set out: identify and assess business-level ML/TF risks
- Rule
- IFSCA (AML, CFT and KYC) Guidelines, 2022, 3.1
- Area
- Risk assessment
- Proposed by
- Inspector
- Decided by
- A named person, once reviewed
The same ground, elsewhere.
- FATF RecommendationsThe 40 Recommendations — the international standard every national AML/CFT/CPF regime is measured against.Global · 8 controls
- Wolfsberg Group StandardsIndustry standards for correspondent banking, the CBDDQ/FCCQ questionnaires and effectiveness-based AML programmes.Global · 4 controls
- GFSC Handbook on Countering Financial Crime (AML/CFT/CPF)The Bailiwick's AML/CFT/CPF rules and guidance for financial services businesses and prescribed businesses, issued under the Criminal Justice (Proceeds of Crime) regulations.Guernsey · 8 controls
- JFSC AML/CFT/CPF HandbookHandbook for the prevention and detection of money laundering, terrorist financing and proliferation financing under the Money Laundering (Jersey) Order 2008.Jersey · 8 controls
- Isle of Man AML/CFT Code 2019The Anti-Money Laundering and Countering the Financing of Terrorism Code 2019, with the FSA's AML/CFT Handbook as guidance.Isle of Man · 8 controls
- Cayman Islands Anti-Money Laundering RegulationsThe AMLRs under the Proceeds of Crime Act, read with CIMA's Guidance Notes — departure from the Guidance Notes without justification is treated as non-compliance.Cayman Islands · 8 controls
Also in India
- SEBI (Intermediaries) Regulations, 2008SEBI regulations for all registered intermediaries, covering registration, fit-and-proper criteria, general conduct, inspection and enforcement.India · 8 controls
- SEBI (Prohibition of Insider Trading) Regulations, 2015SEBI regulations preventing insider trading and controlling unpublished price sensitive information (UPSI) at listed companies, intermediaries and fiduciaries.India · 8 controls
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015SEBI regulations for the continuing disclosure and corporate governance obligations of listed entities, read with the LODR master circular.India · 8 controls
- SEBI (Investment Advisers) Regulations, 2013SEBI regulations for the registration, qualifications and client-facing conduct of investment advisers, read with the IA master circular.India · 8 controls
- SEBI Cybersecurity and Cyber Resilience Framework (CSCRF)SEBI framework setting cybersecurity and cyber resilience requirements for SEBI-regulated entities, graded by entity category.India · 8 controls
- RBI (Commercial Banks – Know Your Customer) Directions, 2025RBI's binding KYC/AML/CFT direction for commercial banks under the PML Act and Rules, replacing the repealed 2016 KYC Master Direction.India · 8 controls
Questions
Does Amoreg watch for changes to the IFSCA (AML, CFT and KYC) Guidelines, 2022?
Yes. Enable it and the Monitor suggests International Financial Services Centres Authority as a source; every publication it records keeps its source, stage and date.
Can Amoreg check our policies against the IFSCA (AML, CFT and KYC) Guidelines, 2022?
Yes. Inspector reads your library against its requirements every week and opens a finding, with the rule it cites and a proposed fix, wherever a policy falls short. A person decides what is applied.
Which edition does Amoreg use?
The catalogue records Notified 28 Oct 2022; consolidated to 2 Jan 2026. Editions were last verified in August 2026, and the Monitor records new publications as they appear.