Possible indication of Suspicion.. KYC AML

 Possible indication of Suspicion:

Identity of client



False identification documents

Identification documents which could not be verified within

reasonable time

Non face to face client

Clients in high risk jurisdiction

Doubt over the real beneficiary of the account

 Accounts opened with names very close to other established

business entities

Receipt back of well come kit undelivered at the address given by

the client

Bounced communication

 Frequent change of name, address and bank and demat account

details.



Suspicious Background



Suspicious backgrounds or links with criminals

Multiple Accounts

 Large number of accounts having a common parameters such as

common partners / directors 1 promoters I address I email address /

telephone numbers, introducer or authorized signatory

 Unexplained transfers between such multiple accounts.



Activity in Accounts

 Unusual activity compared to past transactions

 Use of different accounts by client alternatively

 Sudden activity in dormant accounts

 Activity inconsistent with what would be expected fiom declared

income of Client

Nature of Transactions

 Unusual or unjustified complexity

 No economic rationale

Source of funds are doubtful

 Appears to be case of insider trading

Purchases made on own account transferred to a third party through

an off market transactions through DP account

 Transactions reflect likely market manipulations

Suspicious off market transactions