SEBI Registered Stock Market Today

Terms & Conditions

SMT Stock Market Today is a brand of Angel Research Academy Prop Vijay Laxmi INH000009782. By visiting our site you are agreeing to be bound by the following terms and conditions. We may change these terms and conditions at any time. Your continued use of smtstockmarkettoday.com means that you accept any new or modified terms and conditions that we come up with. Please re-visit the ‘Terms of Use’ link at our site from time to time to stay abreast of any changes that we may introduce. The term ‘smtstockmarkettoday.com’ is used through this entire Terms of Use document to refer to the website, its owners and the employees and associates of the owner.

Registration

  • By registering, you certify that all information you provide, now or in the future, is accurate. You agree to get periodic SMS alerts. You agree to get periodic newsletters. smtstockmarkettoday.com reserves the right, in its sole discretion, to deny you access to this website or any portion thereof without notice for the following reasons (a) immediately by smtstockmarkettoday.com for any unauthorized access or use by you (b) immediately by smtstockmarkettoday.com if you assign or transfer (or attempt the same) any rights granted to you under this Agreement; (c) immediately, if you violate any of the other terms and conditions of this User Agreement.

License

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Copyright & No Retransmission of Information

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Delay in Services

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Liability Disclaimer

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Equipment & Operation

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Information Disclaimer

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Links to Third Party Sites

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Indemnification

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Conflicting Terms

  • If there is any conflict between this User Agreement and other documents, this User Agreement shall govern, whether such order or other documents is prior to or subsequent to this User Agreement, or is signed or acknowledged by any director, officer, employee, representative or agent of smtstockmarkettoday.com

Attorney’s Fee

  • If Angel Research Academy takes action (by itself or through its associate companies) to enforce any of the provisions of this User Agreement, including collection of any amounts due hereunder, Angel Research Academy shall be entitled to recover from you (and you agree to pay), in addition to all sums to which it is entitled or any other relief, at law or in equity, reasonable and necessary attorney’s fees and any costs of any litigation.

Entire Agreement

  • This User Agreement constitutes the entire agreement between the parties, and no other agreement, written or oral, exists between you and smtstockmarkettoday.com. By using the Information on smtstockmarkettoday.com, you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you. smtstockmarkettoday.com does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse in any way, the views, opinions or recommendations expressed in the Information, does not give investment advice, and does not advocate the purchase or sale of any security or investment by you or any other individual. The Information is not intended to provide tax, legal or investment advice, which you should obtain from your professional advisor prior to making any investment of the type discussed in the Information. The Information does not constitute a solicitation by the information providers, smtstockmarkettoday.com or other of the purchase or sale of securities.


    THE SERVICE IS PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTY FOR INFORMATION, DATA, SERVICES, UNINTERRUPTED ACCESS, OR PRODUCTS PROVIDED THROUGH OR IN CONNECTION WITH THE SERVICE. SPECIFICALLY, smtstockmarkettoday.com DISCLAIMS ANY AND ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO: (i) ANY WARRANTIES CONCERNING THE AVAILABILITY, ACCURACY, USEFULNESS, OR CONTENT OF INFORMATION, PRODUCTS OR SERVICES; AND (ii) ANY WARRANTIES OF TITLE, WARRANTY OF NON INFRINGEMENT, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. THIS DISCLAIMER OF LIABILITY APPLIES TO ANY DAMAGES OR INJURY CAUSED BY ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF RECORD, WHETHER FOR BREACH OF CONTRACT, TORT, NEGLIGENCE, OR UNDER ANY OTHER CAUSE OF ACTION. NEITHER smtstockmarkettoday.com NOR ANY OF ITS EMPLOYEES, AGENTS, SUCCESSORS, ASSIGNS, AFFILIATES, GROUP COMPANIES OR CONTENT OR SERVICE PROVIDERS SHALL BE LIABLE TO YOU OR OTHER THIRD PARTY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF USE OF SERVICE OR INABILITY TO GAIN ACCESS TO OR USE THE SERVICE OR OUT OF ANY BREACH OF ANY WARRANTY. BECAUSE SOME COUNTRIES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU. IN SUCH COUNTRIES, THE RESPECTIVE LIABILITY OF smtstockmarkettoday.com, ITS EMPLOYEES, AGENTS, SUCCESSORS, ASSIGNS, AFFILIATES, GROUP COMPANIES AND CONTENT OR SERVICE PROVIDERS RESPECTIVE LIABILITY IS LIMITED TO THE AMOUNT PROVIDED UNDER SAID LAW. FURTHER, YOU AGREE AND UNDERSTAND THAT ALL SERVICES PROVIDED ARE NON-REFUNDABLE AND THAT YOU SHOULD CAREFULLY CONSIDER WHETHER OUR SERVICES ARE ABLE TO MEET YOUR NEEDS.

Confidentiality/Non-competition Clause

  • You agree to keep the information received from the smtstockmarkettoday.com and services CONFIDENTIAL and will NOT Disclose the knowledge gained to other any person or firm for any reason. You hereby consent to the Jurisdiction of the Courts of Mumbai, India with respect to violation of any part of this Agreement. You expressly agree that you will be financially liable for actual and punitive copyright infringement and loss-of-business damages awardable to Angel Research Academy and/or its associate companies if you derive any or all of your income from a stock or financial-services related web site and/or we find that you have copied, made derivative works from, or in any other way duplicated the proprietary information located on smtstockmarkettoday.com web servers and/or web site (including but not limited to graphics, trading systems and methods etc). The information and commentaries are not meant to be an endorsement or offering of any stock purchase. Principles and employees of smtstockmarkettoday.com do not represent themselves as acting in the position of an investment advisor, broker, or investment manager for the use of the information in this service.

Termination

  • This User Agreement and the license rights granted hereunder shall remain in full force and effect unless terminated or canceled for any of the following reasons: (a) immediately by smtstockmarkettoday.com for any unauthorized access or use by you (b) immediately by smtstockmarkettoday.com if you assign or transfer (or attempt the same) any rights granted to you under this Agreement; (c) immediately, if you violate any of the other terms and conditions of this User Agreement. Termination or cancellation of this Agreement shall not effect any right or relief to which smtstockmarkettoday.com may be entitled, at law or in equity. Upon termination of this User Agreement, all rights granted to you will terminate and revert to smtstockmarkettoday.com. Except as set forth herein, regardless of the reason for cancellation or termination of this User Agreement, the fee charged if any for access to smtstockmarkettoday.com is non-refundable for any reason.

Jurisdiction

  • The terms of this agreement are exclusively based on and subject to Indian law. You hereby consent to the exclusive jurisdiction and venue of courts in Mumbai, India in all disputes arising out of or relating to the use of this website. Use of this website is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph.

Refund Policy

  • Any subscriptions made towards products/services of smtstockmarkettoday.com are non refundable under any circumstances. We share details of our Products/Services on our public plateform and it is assumed that you have understand the products and are aware of the features before you subscribe for any of the products and services.

    Disclaimer-

    • Vijay Laxmi Proprietor of Angel Research Academy (Sole Proprietor) is registered with SEBI as Individual Research Analyst vide Registration number INH000011501 on 10 June 20222 pursuant to which it provides Research Analyst services to its clients. 

    • I am not affiliated with any other intermediaries or receive any brokerage or commission from any third party.

    • The SEBI has issued no penalties/directions under the SEBI Act or any other regulatory body.

    • I do not recommend any stock broker or other intermediary to a client, nor do I receive any consideration by way of remuneration or compensation or in any other form whatsoever from the stock broker or another intermediary.

    • Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that I consider reliable. I, however does not vouch for the consistency or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.

    • I do not provide any promise or assurance of favourable view for a particular industry or sector or business group in any manner. The investor is requested to take into consideration all the risk factors including their financial condition and suitability to risk return profile before investing. 

    • The information and views in this website & all the services that I provide are believed to be reliable, but I do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most

    • I or any other person related to me might be holding positions in the stocks recommended.

    • The research recommendations are provided to all our clients who are entitled to receive the research reports. Any Client (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Reports or Any Information Provided by us to/with anyone (through any medium) which is received directly or indirectly by them. If found so, then serious legal actions can be taken.

    • I ensure that the individuals employed as research analyst are separate from other employees who are performing sales trading, dealing, corporate finance advisory or any other activity that may affect the independence of our research report/recommendations. However, these individuals may receive feedback from sales or trading personnel of brokerage division to ascertain the impact of research report/recommendations.

    • I also ensure that if a client wants an opinion on a specific position, such suggestion/view under any circumstances shall be considered as an opinion (not advice). I am not liable for any losses whatsoever the client may incur in accepting this opinion.

    • I do not have any association in any manner with any issuer of products/securities; this ensures that there are no actual or potential conflicts of interest. This also ensures that objectivity or independence in the carrying on research services is not compromised. 

    • Investment in securities market is subject to market risks. Read all the related documents carefully before investing.

    • Registration granted by SEBI and certification from NISM is no way guarantee performance of the intermediary or provide any assurance of returns to investors.

    • By accessing https://www.smtstockmarkettoday.com or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement.

    • I had taken due care and caution in compilation of data for its website. I also advise users to check with other certified experts before taking any investment decision. However, I do not guarantee the consistency, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. I do hereby especially state that it has no financial liability whatsoever to any user on account of the use of information provided on its website.

    • I am not responsible for any errors, omissions or representations on any of our pages or on any links on any of our pages. I do not endorse in anyway any advertisers on our website pages. Please verify the veracity of all information on your own before undertaking any alliance.

    • The information on this website is updated from time to time. I, however exclude any warranties (whether expressed or implied), as to the quality, consistency, efficacy, completeness, performance, fitness or any of the contents of the Website, including (but not limited) to any comments, feedback and advertisements contained within the Site.

    • This website contains material in the form of inputs submitted by users and I do accept no responsibility for the content or consistency of such content nor do I make any representations by virtue of the contents of this website in respect of the existence or availability of any goods and services advertised in the contributory sections. I also make no warranty that the contents of the website are free from infection by viruses or anything else which has contaminating or destructive properties and shall have no liability in respect thereof.

    • Part of this website may contain advertising and other material submitted to us by third parties. Kindly note that those advertisers are responsible for ensuring that material submitted for inclusion on the website complies with all legal requirements. Although acceptance of advertisements on the Website is subject to our terms and conditions which are available on request, I do not accept liability in respect of any advertisements.

    • There are risks associated with utilizing internet-based information and research dissemination services. Subscribers are advised to understand that the services can fail due to failure of hardware, software, and Internet connection. While I also ensure that the messages are delivered in time to the subscriber’s mobile network, the delivery of these messages to the customer’s mobile phone/handset/desktop/iPad/tablet/laptop is the responsibility of the customer’s mobile network/internet connection/wifi. The messages may be delayed and/or not delivered to the customer’s mobile phone/handset on certain days, owing to technical reasons, and the Vijay Laxmi cannot be held responsible for the same.

    • Stock trading is inherently risky, and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make.

    • Unlike an actual performance record, simulated results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

    • You, and not me, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing there from are your sole responsibility. I or any employees are in no way liable for the use of the information by others in investing or trading in investment vehicles.

    • I also encourage all investors to use the services as a resource to further their own research on all featured companies, stocks, sectors, markets and information presented on the site.

    • I, my management, my associate companies and/or my employees take no responsibility for the veracity, validity and correctness of the expert recommendations or other information or research. Although I do attempt to research thoroughly on information provided herein, there are no guarantees in consistency. The information presented on the site has been gathered from various sources believed to be providing correct information. I, group, companies, associates and/or employees are not responsible for errors, or inaccuracies, if any, in the content provided on the site.

    • I have the license to provide research recommendations as a research analyst. Your use of this and all information contained on this website is governed by these Terms and Conditions of Use. This material is based upon information that Vijay Laxmi consider reliable, but I do not represent that it is consistent or complete and that it should be relied upon, as such. You should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. By using https://www.smtstockmarkettoday.com, including any software and content contained therein, you agree that use of the Service is entirely at your own risk. You understand and acknowledge that there is a very high degree of risk involved in trading securities. I make no warranties and gives no assurances regarding the truth, timeliness, reliability, or good faith of any material posted on https://www.smtstockmarkettoday.com Vijay Laxmi does not warranty that trading methods or systems presented in their services or the information herein or obtained from advertisers or members will result in profits or losses.

    • By visiting the website https://www.aganayst.in, as a visitor and / or as a subscriber, surfing and reading of the information on the website is the acceptance of this disclaimer and all other terms and conditions.

    • Everything posted on social media (Twitter/Facebook/Telegram/YouTube channel) is for education / illustration purposes and should not be counted as recommendations or investment advice. The Stocks posted on social media are for illustration purposes only and are not recommendatory.

    • I do hereby expressly disclaim any implied warranties imputed by the laws of any jurisdiction. I consider ourselves and intend to be subject to the jurisdiction only of the courts of Haryana in India. If you don’t agree with any of our disclaimers above, please do not read the material on any of our pages. Although access to users outside India is not denied, Vijay Laxmi shall have no legal liabilities whatsoever in any laws of any jurisdiction other than India. I also reserve the right to make changes to our site and these disclaimers, terms, and conditions at any time.

     

    PMLA (ANTI MONEY LAUNDERING) POLICY

     

    Introduction

    This policy is framed and adopted as a requirement by SEBI under the Prevention of Money Laundering Act, 2002 (“PMLA”).The policy provides a framework with respect to anti money laundering measures to be taken by Vijay Laxmi, as a SEBI registered Research Analyst.

    1. Objective of the PMLA Policy

    The objective of the PMLA policy is as follows:

    1. To prevent Vijay Laxmi from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities.

    2. Create awareness and provide clarity on KYC standards and AML measures.

    3. To have a proper Client Due Diligence (CDD) process before registering clients.

    4. To monitor and report suspicious transactions.

    5. To monitor / maintain records of all cash transactions done by the client of the value of more than Rs. 10 lacs.

     

    1. Client Due Diligence (CDD) Process

    As a part of Client Due Diligence process, Vijay Laxmi will do the following:

    1. Maintain a record of Know Your Customer (KYC) documents (i.e valid identity proof and address proof) obtained from the entire client at the time of on boarding the clients.

    2. In order to verify the genuineness of the clients, to speak with the clients before proceeding with any advisory services. 

    3. The records between the client and Vijay Laxmi to be maintained in proper order. 

     

    1. Policy for Acceptance of Client

    Vijay Laxmi will ensure that-

    1. No account shall be opened in fictitious name or on an anonymous basis. 

    2. No account will be opened if the fee for services is offered by the client in cash. 

    3. No account is opened where Vijay Laxmi is unable to apply appropriate CDD measures/ KYC policies. This shall apply to cases where the information provided to Vijay Laxmi is suspected to be non – genuine, or there is perceived non – cooperation of the client in providing full and complete information.

    4. It will be ensured that the identity of the client does not match with any person having known criminal background or is not banned in any other manner or is included in the list of individuals and entities which are subject to various sanction measures such as freezing of assets/accounts, denial of financial services etc., as approved by the Security Council Committee established pursuant to various United Nations’ Security Council Resolutions (UNSCRs) can be accessed at its website at http://www.un.org/sc/committees/1267/consolist.shtml.

    5. Each client shall be classified in low or medium or high risk categories depending upon the risk perception. Such risk may be arrived considering various factors of risk perception of the client having regard to:-

    • clients’ location (registered office address, correspondence addresses and other addresses if applicable),

    • nature of business activity, trading turnover etc. and

    • manner of making payment for transactions undertaken.

    1. Clients of Special Category (CSC) require higher degree of due diligence and regular update of Know Your Client (KYC) profile.
      Clients of Special Category (CSC) shall include:

    1. Non – resident clients;

    2. High net-worth clients;

    3. Trust, Charities, Non-Governmental Organizations (NGOs) and organizations receiving donations;

    4. Companies having close family shareholdings or beneficial ownership;

    5. Politically Exposed Persons (PEP);

    6. Companies offering foreign exchange offerings;

    7. Clients in high risk countries where existence / effectiveness of money laundering controls is suspect;

    8. Non face to face clients;

    9. Clients with dubious reputation as per public information available etc.

     

    1. Suspicious Transactions

     

    1. Vijay Laxmi will ensure that that appropriate steps are taken to enable suspicious transactions to be recognized based on the circumstances like-

    1. Clients whose identity verification is difficult or client is not ready to cooperate. 

    2. Where the source of funds of the clients is not clear or not keeping with clients apparent standing/ business activity;

    3. Substantial increases in business without apparent cause;

    4. Clients based in high risk jurisdictions;

    5. Clients transferring large sums of money to or from overseas locations with instructions for payment in cash;

    6. Attempted transfer of investment proceeds to apparently unrelated third parties;

    7. Unusual transactions by CSCs and businesses undertaken by offshore banks/financial services, businesses reported to be in the nature of export- import of small items.

     In the event of any suspicious transaction, Vijay Laxmi will make a report based on the reference to the clients, transactions and the nature/ reason of suspicion. The report will be submitted to the Director, Financial Intelligence Unit-India. 


    1. In the event where the transactions are abandoned or aborted by clients on being asked to give some details or to provide documents, Vijay Laxmi will report all such attempted transactions in Suspicious Transaction Reports, even if not completed by clients, irrespective of the amount of the transaction. 

     Monitoring of transactions

    1. The transactions shall be monitored in the following manner:

    1. Special attention shall be paid to all complex unusually large transactions / patterns which appear to have no economic purpose. 

    2. Internal threshold limits for each class of client accounts shall be defined and special attention shall be paid to transactions which exceeds these limits.

    3. The background including all documents/office records /memorandums/clarifications sought pertaining to such transactions and purpose thereof shall also be examined carefully and findings shall be recorded in writing. 

    4. Further the findings, records and related documents shall be made available to auditors and also to SEBI/stock exchanges/FIUIND/ other relevant Authorities, during audit, inspection or as and when required. 

    5. These records shall be preserved for a period of five years from the date of transaction with such client.

    6. The following transactions shall be monitored at all times:

    1. all cash transactions of the value of more than ten lakh rupees or its equivalent in foreign currency;

    2. all series of cash transactions integrally connected to each other which have been individually valued below rupees ten lakh or its equivalent in foreign currency where such series of transactions have taken place within a month and the monthly aggregate exceeds an amount of ten lakh rupees or its equivalent in foreign currency;

    3. all cash transactions where forged or counterfeit currency notes or bank notes have been used as genuine or where any forgery of a valuable security or a document has taken place facilitating the transactions;

    4. all suspicious transactions whether or not made in cash and by way of cheques, pay orders, travellers cheques, demand drafts, loan and advances, money transfer or remittances in favour of own clients or non-clients from India or abroad and to third party beneficiaries in India or abroad, credits or debits into or from any non-monetary accounts such as d-mat account.

    1. Periodic review of the existing account shall be conducted to ensure that no existing accounts are linked to any of the entity or individual included in the list by Security Council Committee. Any resemblance found to be reported to SEBI and FIU-IND. 

     

    1. Record Keeping and Retention of Records

     

    1. In case of suspicious transactions, Vijay Laxmi will –

    1. ensure compliance with the record keeping requirements contained in the SEBI (Research Analyst) Regulations, 2014, PMLA and other relevant legislation.

    2. maintain such records as are sufficient to permit trail of individual transactions (including the amount and types of currencies involved, if any) so as to provide, if necessary, evidence for prosecution of any criminal behaviour.

    3. retain the following information for the accounts of the clients in order to maintain a satisfactory audit trail so that in case of any suspected drug related or other laundered money or terrorist property, the competent investigating authorities can trace through the audit trail for reconstructing a financial profile of the suspected account:

    1. the beneficial owner of the account; and

    2. for selected transactions, the origin of funds, the form in which the funds were offered or withdrawn, e.g. cheques, demand drafts etc, the identity of the person undertaking the transaction, the destination of the funds and, the form of instruction and authority. 

    1. Record of the transactions shall be preserved and those transactions of a suspicious nature shall be reported to the Director, FIU-IND. 

    2. Record of information related to transactions, whether attempted or executed, which are reported to the Director, FIU‐IND and shall be maintained and preserved for a period of five years from the date of the transaction with the client. In situations where the records relate to on-going investigations or transactions which have been the subject of a suspicious transaction reporting, they shall be retained until it is confirmed that the case has been closed.

     

    1. Information to be maintained

    Following information in respect of all transactions referred to Clause V.f of this policy shall be maintained:

    1. the nature of the transactions;

    2. the amount of the transaction and the currency in which it is denominated;

    3. the date on which the transaction was conducted; and

    4. the parties to the transaction. 

     Reporting to Financial Intelligence Unit-India

    1. In terms of the PML Rules, Vijay Laxmi will report information relating to cash and suspicious transactions to the Director, Financial Intelligence Unit-India (FIU-IND) at the following address: 

    Director,

    FIU-IND, Financial Intelligence Unit-India,

    6th Floor, Hotel Samrat, Chanakyapuri, New Delhi – 110021.

    Website: http://fiuindia.gov.in

     

    1. Appointment of Principal Officer and Designated Director:

     

    To ensure effective discharge of our legal obligations, to report suspicious transactions to the authorities and overall supervision and compliance, the following shall be the “Principal Officer” and “Designated Director” who would act as a central reference point for the identification and assessment of potentially suspicious transactions and in facilitating onward reporting of suspicious transactions to FIU:

     

    1. Name: Vijay Laxmi

    Designation: Research Analyst

    Email Id: vijay.laxmi636@gmail.com

    Phone Number: +918379067988

    1. Rights, Obligation and Responsibilities of Principal Officer:

     

    1. The principal office shall have all time access to customer identification data and other CDD information.

    2. The principal officer shall have complete independence and authority to access.

    3. The principal officer shall ensure that the PMLA Policy framework is implemented effectively.

    4. The principal officer shall ensure data generated on FIU on suspicious transaction is regularly and promptly downloaded to analyze, identify and report transactions of suspicious nature to FIU-IND directly.

    5. The principal officer shall ensure that the records and information in relation to all client and transaction are available on timely basis to the competent authority.

    6. The principal officer shall ensure that there is a prompt response to any request for information, including KYC related information and records maintained by Vijay Laxmi, made by the regulators, FIU-IND and other statutory authorities. 

    7. The principal officer shall ensure all concerned staff is regularly updated regarding any changes / additions / modifications in PMLA provisions.

     

    1. Rights, Obligations and Responsibilities of Designated Director:

     

    1. The Designated Director should ensure that all the records are maintained as mentioned in this Policy. 

    2. In case where the Designated Director fails to perform his duties, he shall be penalised and appropriate action may be taken against him. 

     

    1. Employees’ Hiring/ Employee’s Training/ Investor Education:

    Vijay Laxmi will-

    1. have adequate screening procedures in place to ensure high standards when hiring employees. 

    2. have ongoing employee training programme so that the members of the staff are adequately trained in Anti-Money Laundering standards (AML) and Combating the Financial of Terrorism (CFT) procedures. 

     

    1. Review of Policy

    The policy shall be reviewed from time to time as and when required changes will be implemented as per the applicable rules, laws, acts and regulations.