n NISM Certifications
X NISM Series X
Medium

To whom do SEBI Anti-Money Laundering guidelines apply?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    All SEBI registered intermediaries dealing with investment products only

  2. B

    All SEBI registered intermediaries directly involved in stock markets

  3. C

    All SEBI registered intermediaries who handle funds from clients

  4. All SEBI registered intermediaries

    Correct answer

Why this is the answer

SEBI AML guidelines are applicable to every intermediary registered with SEBI, regardless of their specific activities.

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