The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.
City slumped to a fourth consecutive loss in all competitions with a 2-1 defeat at Brighton & Hove Albion in the Premier League on Saturday
IMAGES from the Premier League matches played on Sunday.
A round-up of Saturday's action in the Premier League.
Pakistan's white-ball captain Mohammad Rizwan is confident of winning the upcoming T20 international series in Australia and is also eyeing a whitewash of the home team.
A round-up of Saturday's action in the Premier League.
A round-up of Wednesday's action in the Premier League
'I did not charge a rupee for that show, but Rohit (Bal) gifted me the suit I had walked in. 'I still have it as a memento of a man who was an institution and an inspiration.'
'You have to have a good coach to direct you on the right path.' 'I had Arsene and Pep in my professional career, but I was lucky to have good coaches in my younger days.'
Senior India player Rohit Sharma on Tuesday gave a pep talk to the struggling Mumbai Ranji Trophy team, which has suffered back-to-back defeats at home. Mumbai lost to Railways by 10 wickets at the Wankhede Stadium before they were thrashed by five wickets by domestic heavyweights Karnataka.
As much Preity would like to be relieved of everyone's ebullient expectations of her, truth is few have fizzed up the silver screen like she has.
Bayern Munich have appointed former Barcelona coach Pep Guardiola to replace Jupp Heynckes from the end of this season, the Bundesliga club said on Wednesday.
Pep Guardiola this week offered a rare insight into the pressure he feels to deliver Bayern Munich a Champions League trophy.
A summary of Wednesday's action in the UEFA Champions League Knock-out phase play-offs.
Serena was rumoured to have dated Dimitrov in the past, adding an extra layer of intrigue to the occasion.
Vinicius Jr's remarkable performances at Real Madrid have put the 24-year-old forward as the odds-on favourite to claim his first Ballon d'Or when the award for the best player in the world is announced in Paris on Monday.
Champions Manchester City could only muster a 2-2 Premier League draw with Brighton & Hove Albion on Saturday.
With Manchester City mired in a six-game winless slump and facing one of their biggest challenges this season at Liverpool this weekend, manager Pep Guardiola said the onus was on him to prove he can right the ship.
While few doubt Guardiola is capable of continuing his revolution at City, it is questionable whether his approach will have a broader influence on tactics and coaching across the Premier League.
A summary of Saturday's action in the FA Cup third round.
City must win at Spurs or Arsenal will be champions says Guardiola
Sachin Tendulkar has promised to give a pep talk to his Mumbai teammates on Wednesday ahead of their three-day clash against the visiting Australian team.
Rubina Dilaik puts up a good fight against Pavitra Punia in the new task. Guess who wins?
Bayern Munich manager Pep Guardiola has termed his former club Barcelona as the 'best team in the world', after both the teams were being drawn against each other for the high-octane Champions League semi-final clash.
Images from Saturday's action in the Premier League.
Erling Haaland scored with a flying back-heeled volley out of the air -- that had social media in a frenzy and left his teammates in awe.
The Indian players got down to business on Friday with an intense session in the nets under the watchful eyes of head coach Gautam Gambhir.
IMAGES from the UEFA Champions League matches played on Wednesday
In these tough times, Bollywood stars have some good advice for you!
The Swedish chair umpire who gave a pep talk to Australian Nick Kyrgios during a US Open match this year has been suspended without pay for two weeks, the ATP Tour said on Tuesday.
Whether that unusual arrangement had any influence on untypical performance from City, who lacked zip and inspiration as they struggled to break down the French side, is a matter of pure guesswork and Arteta wasn't in the mood to be drawn on it.
Manchester City defender John Stones headed a controversial stoppage-time winner in a 2-1 victory at Wolverhampton Wanderers on Sunday that took them top of the Premier League and set a club record of 31 league games unbeaten.
Neither the weather nor the anti-climax of the ceremony taking place the day after the FA Cup final defeat by arch-rivals Manchester United 2-1 could dampen the spirits as flags, bananas and even a blow-up Jack Grealish dummy were held aloft in triumph.
IMAGES from the Premier League matches played on Sunday
Guardiola optimistic of De Bruyne's quick return
A round-up of Saturday's action in the English Premier League.
Brighton & Hove Albion and Nottingham Forest maintained unbeaten starts to the Premier League season with a topsy-turvy 2-2 draw as the visitors finished with 10 men and both managers were shown red cards in a feisty clash on Sunday.
IMAGES from the EPL matches played on Saturday.
