| S.No. |
ENTITY |
DIRECTORS/ PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
CORPORATION BANK
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.1,00,000
23-JUL-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 22 |
|
|
DAIMLER FINANCIAL SERVICES INDIA PVT.LTD.
|
|
|
DID NOT IMPLEMENT EFFECTIVE TRANSACTION MONITORING AND REPORTING SYSTEM TO ALERT GENERATION, UCIC ALLOTMENT AND AUTHENTICATION OF KYC DOCUMENTS
|
IMPOSED FINE RS.1,00,000
WARNED & CAUTIONS TO EXERCISE IN FUTURE RS.1,00,000
31-OCT-2022
|
|
| 23 |
|
|
DENA BANK
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.1,00,000
04-SEP-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 24 |
|
|
DEVELOPMENT CREDIT BANK LTD.
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.1,00,000
07-AUG-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 25 |
|
|
DHANALAKSHMI BANK LTD.,THE
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.1,00,000
06-AUG-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 26 |
|
|
DHULE & NANDURBAR JILHA SARKARI NOKARANCHI SAHAKARI BANK LTD.
|
|
|
DID NOT FILE CASH TRANSACTIONS REPORTS (CTRS)
DID NOT EVOLVE INTERNAL MECHANISM TO DETECT AND REPORT SUSPICIOUS TRANSACTIONS
|
IMPOSED FINE RS.1,00,000
19-SEP-2023
|
|
| 27 |
|
|
DR.PANJABRAO DESHMUKH URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT REPORT CASH TRANSACTIONS AND/OR DELAY IN REPORTING CASH TRANSACTIONS REPORT
DID NOT EVOLVE INTERNAL MECHANISM TO DETECT AND REPORT CASH TRANSACTIONS
DID NOT EVOLVE INTERNAL MECHANISM TO DETECT AND REPORT SUSPICIOUS TRANSACTIONS
|
IMPOSED FINE RS.10,25,000
31-OCT-2022
|
|
| 28 |
|
|
ELITE WEALTH LTD.
|
|
|
DID NOT PROPERLY RAISE ALERTS AND CONSIDER ADVERSE ORDERS OF SEBI FROM THE PERSPECTIVE OF AML TRANSACTIONAL MONITORING AND REPORTING OBLIGATIONS
DID NOT REPORT ENTITY TO PROPERLY INVESTIGATE AND REVIEW THE SAME ALERTS
|
IMPOSED FINE RS.1,00,000
DIRECTED TO FILE CERTIFICATION UNDER SIGNATURE OF DESIGNATED DIRECTOR AND PRINCIPAL OFFICER THAT DIRECTED MEASURES WOULD BE IMPLEMENTED WITHIN THE PERIOD PRESCRIBED RS.1,00,000
27-FEB-2023
|
|
| 29 |
|
|
FEDERAL BANK LTD.,THE
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.2,00,000
28-AUG-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 30 |
|
|
FINO PAYMENTS BANK LTD.
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO DETECT AND REPORT SUSPICIOUS TRANSACTIONS
DID NOT FILE SUSPICIOUS TRANSACTIONS REPORTS (STRS)
|
IMPOSED FINE RS.5,00,000
25-JAN-2024
|
|
| 31 |
|
|
GANDHIDHAM CO-OPERATIVE BANK LTD.,THE
|
|
|
DID NOT FILE NTRS VIOLATING RULE 3(1)(BA) OF PML (MAINTENANCE OF RECORDS) RULES, 2005
DID NOT PUT IN PLACE EFFECTIVE INTERNAL MECHANISM TO DETECT AND REPORT TO DIRECTOR
DID NOT INFORM FIU-IND OF TRANSACTIONS IN NATURE OF RECEIPTS OF VALUE OF MORE THAN RS.10 LACS OR ITS EQUIVALENT BY NON PROFIT ORGANISATIONS VIOLATING SECTION 12 OF PML ACT, 2002 READ WITH RULES 5(2) AND 7(3) OF PML (MAINTENANCE OF RECORDS) RULES, 2005
|
IMPOSED FINE RS.5,50,000
27-OCT-2020
|
|
| 32 |
|
|
GODAVARI URBAN CO-OPERATIVE BANK LTD.
|
|
|
DID NOT FILE CASH TRANSACTION REPORTS (CTRS) VIOLATING RULES 3(1)(A), 3(1)(B), 5(2), 7(2), 7(3) AND 7(4) OF PML (MAINTENANCE OF RECORDS) RULES, 2005
DELAY IN FILING OF CASH TRANSACTION REPORTS (CTRS) VIOLATING RULES 3(1)(A), 3(1)(B), 5(2), 7(2), 7(3) AND 7(4) OF PML (MAINTENANCE OF RECORDS) RULES, 2005
DID NOT HAVE EFFECTIVE INTERNAL MECHANISM TO DETECT AND REPORT SUSPICIOUS TRANSACTIONS VIOLATING RULES 3(1)(A), 3(1)(B), 5(2), 7(2), 7(3) AND 7(4) OF PML (MAINTENANCE OF RECORDS) RULES, 2005
|
IMPOSED FINE RS.2,50,000
06-APR-2021
|
|
| 33 |
|
|
GUJARAT OLEO CHEM LTD.
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.2,00,000
19-OCT-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 34 |
|
|
HARIHARESHWAR SAHAKARI BANK LTD.
|
|
|
DELAY IN FILING OF CASH TRANSACTION REPORTS (CTRS)
|
IMPOSED FINE RS.1,80,000
11-JAN-2022
|
|
| 35 |
|
|
HCL CORP.PVT.LTD.
|
|
|
DID NOT CARRY OUT RISK ASSESSMENT TO CATEGORIZE CUSTOMERS INTO HIGH, MEDIUM AND LOW CATEGORY AND TO CONDUCT PERIODIC REVIEW VIOLATING PML (MAINTENANCE OF RECORDS) RULES, 2005
|
IMPOSED FINE RS.1,00,000
04-MAR-2021
|
|
| 36 |
|
|
HDFC BANK LTD.
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.26,00,000
15-JAN-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 37 |
|
|
HONGKONG & SHANGHAI BANKING CORP.LTD.,THE
|
|
|
IMPROPERLY CLOSED THE ALERTS GENERATED IN THE ACCOUNTS OF THE RESPECTIVE ENTITIES
MISREPORTED FIGURES IN RELATION TO CERTAIN CROSS BORDER WIRE TRANSFER REPORTS (CBWTRS) WITH FIU-IND
DID NOT EVOLVE INTERNAL MECHANISM TO DETECT AND REPORT SUSPICIOUS TRANSACTIONS
DID NOT FORMULATE AND IMPLEMENT ENHANCED DUE DILIGENCE MEASURES TO VERIFY THE CLIENTS IDENTITY TAKING INTO CONSIDERATION TYPE OF CLIENT, BUSINESS RELATIONSHIP, NATURE AND VALUE OF TRANSACTIONS BASED ON THE OVERALL MONEY LAUNDERING AND TERRORIST FINANCING RISKS INVOLVED
DID NOT EXERCISE ONGOING DUE DILIGENCE MEASURES IN RELATION TO CERTAIN ACCOUNTS BELONGING TO CONCERNED ENTITIES WITH PARTICULAR REFERENCE TO BUSINESS RELATIONSHIP WITH CONCERNED ENTITY
|
IMPOSED FINE RS.2,06,75,000
31-OCT-2022
|
|
| 38 |
|
|
ICICI BANK LTD.
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.14,00,000
20-FEB-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 39 |
|
|
INDIAN BANK
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.1,00,000
03-SEP-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| 40 |
|
|
INDIAN OVERSEAS BANK
|
|
|
DID NOT EVOLVE INTERNAL MECHANISM TO REPORT INTEGRALLY CONNECTED TRANSACTIONS
|
IMPOSED FINE RS.2,00,000
01-OCT-2015
|
NOT APPEARING IN THE LIST DATED 30-JUN-2018
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 2 of 5
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