SEBI Update – Registration with the FINNET 2.0 system of Financial Intelligence Unit – India (FIU-India)

SEBI vide its Circular dated 9^th May 2023 issued to All Registered Debenture Trustees.

The Circulars state that

It has been informed by FIU-India that:

 a) all Reporting Entities falling under Debenture Trustee segment registered in FINNET 1.0 system of FIU-India are required to re-register themselves in FINNET 2.0 system/ module1 ; and

b) those reporting entities who have not yet registered themselves with FIU India are required to be registered in FINNET 2.0 system/ module of FIU India immediately in light of the FATF mutual evaluation.

Link: https://www.sebi.gov.in/legal/circulars/may-2023/registration-with-the-finnet-2-0-system-of-financial-intelligence-unit-india-fiu-india-_71040.html