Reserve Bank Of India
A.P. (DIR Series) Circular No. 43
October 12, 2012
To,
All Authorised Persons, who are Indian Agents under Money Transfer Service
Scheme.
Madam/ Dear Sir,
Uploading of Reports in 'Test Mode' on FINnet Gateway
Please refer to
Annex- III to
A.P.(DIR Series) Circular No.18 [A.P.(FL/RL
Series) Circular No. 05] dated November 27, 2009, prescribing reporting formats
for Authorised Persons (Indian Agents) as required under provisions of PML Rules
2005. In this connection, we invite your attention to FIU-IND's letter
F.No.9-29/2011-FIU-IND dated March 31, 2011 advising Authorised Persons (Indian
Agents) to go through reporting formats viz. Cash Transaction Reports (CTRs) and
Suspicious Transaction Reports (STRs) and initiate urgent steps to develop
capacity to generate reports compliant with the XML format specifications and be
in readiness to implement the new format as and when advised by the FIU-IND.
- FIU-IND have now advised vide their letter F.No.9-29/2011-FIU-IND dated
August 28, 2012 (contents of the letter given in the Annex), that all Authorised
Persons (Indian Agents) should initiate submission of reports on the FINnet
Gateway in 'Test Mode' from August 31, 2012 to test their ability to upload the
report electronically. Such submission in 'Test Mode' would continue till
FIU-IND informs the Authorised Persons (Indian Agents) about 'go-live' of the
project. Authorised Persons (Indian Agents) are also required to continue to
submit the existing reports in CD as presently required till further notice. All
Authorised Persons (Indian Agents) are accordingly advised to take action as
required by FIU-IND.
- All other instructions issued vide A.P.(DIR Series) Circular No. 18 [
A.P.(FL/RL Series) Circular No. 05 ] dated November 27, 2009, as amended from
time to time will remain unchanged.
- Please advise your Principal Officer to acknowledge receipt of this circular.
- The directions contained in this Circular have been issued under Section
10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of
1999) and also under the, Prevention of Money Laundering Act, (PMLA), 2002, as
amended by Prevention of Money Laundering (Amendment) Act, 2009 and Prevention
of Money-Laundering (Maintenance of Records of the Nature and Value of
Transactions, the Procedure and Manner of Maintaining and Time for Furnishing
Information and Verification and Maintenance of Records of the Identity of the
Clients of the Banking Companies, Financial Institutions and Intermediaries)
Rules, 2005 as amended from time to time and are without prejudice to
permission/approvals, if any, required under any other law.
Yours faithfully,
(Rudra Narayan Kar)
Chief General Manager
RBI/2012-13/246
F.No.9-29/2011-FIU-IND
Government of India
Ministry of Finance
Department of Revenue
Financial Intelligence Unit-India
6th Floor, Hotel Samrat
Chanakyapuri,
New Delhi – 110 021
Date: August 28, 2012
OFFICE MEMORANDUM
Subject:- Upload of Reports in 'Test Mode' on FINnet Gateway
Kindly refer to OM of even no. dated 31st March, 2011 releasing the new
reporting format under Project FINnet. The reporting entities were advised to
initiate urgent steps to build capacity to generate reports, which are compliant
with the XML format specifications.
- You may kindly now advise the reporting entities to initiate submission of
reports on the FINnet gateway in 'TEST MODE' from 31-08-2012 to test their
ability to upload the report electronically. The reporting entities may contact
FIU Help Desk at email or phone numbers 011-24109792/93 for any clarification or
assistance.
- The reporting entities may continue to submit the reports to FIU-IND in CD
form as per earlier prescribed reporting format till go-live date (provisional
go-live date is 1st October, 2012) after which the earlier procedure will be
discontinued. The go-live date will be communicated to the reporting entities
separately.
- This issues with the approval of Director (FIU-IND).
(Sanjeev Singh)
Additional Director