Our Policies

We are committed to transparency and compliance with all regulatory requirements.

AML Policy Privacy Policy Refund Policy Code of Conduct

AML Policy

Provisions of Prevention of Money Laundering Act, 2002

Prevention of Money Laundering Act, 2002 (PMLA) forms the core of legal framework put in place by the India against money laundering and terrorist financing and crimes. PMLA and the Rules notified there under came into force from 1st July, 2005. Under PMLA, all the entries registered with SEBI are required to furnish information of all the suspicious transactions whether or not made in cash to FIU-IND. Under Section 3 of PMLA, projecting of crime as untainted property is an offence of money laundering liable to be punishment under section 4 of the PMLA.

Money Laundering involves disguising financial assets so that they can be used without detection of the illegal activity that produced them. Through money laundering, the launderer transforms the monetary proceeds derived from criminal activity into funds with as apparently legal source.

Financial Intelligence Unit-India (FIU-IND) is the central national agency of India responsible for receiving, processing, analyzing and disseminating information of suspect financial transactions. FIU-IND is also responsible for coordinating and strengthening efforts of national and international intelligence, investigation and enforcement agencies in combating money laundering and related crimes.

Section 2 (1) (g) of PMLA Rules defines suspicious transaction whether or not made in cash which, to a person acting in good faith:

  • Gives rise to a reasonable ground of suspicious that it may involve the proceeds of crime; or
  • Appears to be made in circumstances of unusual or unjustified complexity; or
  • Appears to have no economic rationale or bonafied purpose; or
  • Gives rise to a reasonable ground of suspicious that it may involve facing of the activities relating to terrorism

Some examples of suspicious transactions reported to FIU-IND are as under:

Category Examples of Suspicious transactions
Identity of Clients
  • Identification documents were found to be forged
  • Address details furnished by the account holder were found to be false
  • Doubt over the real beneficiary of the account
Suspicious Background
  • Positive match of name and date of births with person on various lists
  • Account of publicly known criminals
Multiple Accounts
  • Large number of accounts having a common account holder, introducer or authorized Signatory with no rational or bona fide purpose
  • Unexplained transfers between multiple accounts with no rationale
Activity in Accounts
  • Unexplained activity in dormant accounts
  • Unexplained activity in account inconsistent with what would be expected from declared Business
Nature of Transactions
  • Doubtful sources of Funds
  • Doubtful overseas fund transfer
  • Doubtful foreign remittance to non-relatives
  • Doubtful cash deposits in a bank account at multiple locations
  • Suspicious us of ATM/Credit card
  • Doubtful large cash deposit in account
  • Suspicious off-market transactions in demat accounts
Value of transactions
  • Multiple transactions of value just under the reporting threshold amount to avoid reporting
  • Unexplained large value transaction inconsistent with the client's apparent financial Standing

Investobazar Wealth Nivesh Pvt Ltd

SEBI Registered Research Analyst

Registration No. INH000009861

Privacy Policy

We at Investo Bazar Wealth Nivesh Pvt. Ltd. understand the confidentiality of your personal information and maintain it forever. We understand that the information which you have given us is to be kept private and confidential, and we keep up the promise that we will safeguard the information of our clients whether old or new. The information like your name, mobile no, email id, address etc are required for the company as well as the client as it helps in better communication of the services. Following policy has been implemented for safeguarding the information.

• The personal information would not be rented, sold, exchanged given or transferred to any person or company without your consent or reason.

• We have physical, electronic, and procedural safeguards to protect personal information about you and your account Information is password-protected.

• The information provided by you would be used only for rendering the services for which you have subscribed with us and not for any other purpose.

• The personal info like mail id, address or mobile no may be used to introduce new products and services or newsletters, new packages, events, or any other profitable services started by the company for enhancement of our relationship.

• Once you provide us the information we assume that you agree with the terms and conditions and even the privacy policy of the company.

• If you register yourself on our website it means that you are authorizing us to use your number to send SMS and can call you whenever needed, which is in accordance of our privacy policy. In case if there is any change in your contact info you would let us know about this prior through any mode you like.

• We reserve the right to contact you via SMS, even if your mobile number is registered under the Do Not Disturb (DND) facility, upon your registration with us. By registering, you grant us permission to send SMS notifications to your provided number.

• We may invite you for polls and contest or feedbacks posted on our website or on your mail, replying to such mails or participating in such activities is voluntary no obligations.

Refund Policy

Terms and conditions of Research and Recommendation Services are detailed in the terms and condition document. Please refer to the same for details.

We value our customers and are committed to providing best services. Our clients need to realize that we do not offer a 100% guarantee on our calls. If for some unforeseen reason, the client is not satisfied with our services, they may call us to seek direction on future calls. We will give our best effort to increase the satisfaction levels in such cases.

We strongly recommend that before making a payment, our visitors and potential clients, please:

Investobazar Wealth Nivesh Pvt. Ltd. reserves the right to suspend or terminate the provision of research services to clients in the event of suspension or cancellation of its registration with SEBI.

In case the certificate of registration of the Research Analyst is suspended for a period exceeding sixty (60) days or is cancelled, the Research Analyst shall refund the subscription fees to the client on a pro-rata basis for the period from the effective date of such suspension or cancellation to the end of the subscription period.

All sales are final. Before subscriptions ensure that our products and services will meet your needs.

Investobazar Wealth Nivesh Pvt. Ltd. may charge fees in advance if agreed by you. Such advance shall not exceed the period stipulated by SEBI; presently it is one quarter. In case of pre-mature termination of the Investobazar Wealth Nivesh Pvt. Ltd. services by either the client or by our side, the client shall be entitled to seek refund of proportionate fees only for unexpired period.

· Read all information about our services and support given to our clients.

· Read our Terms and Conditions.

· Read our Privacy Policy and Refund Policy.

Kindly make the payment after reading all terms and conditions, disclaimers and refund policy.

All Rights Reserved.

Code of Conduct

Investobazar Wealth Nivesh Pvt. Ltd. is a SEBI Registered Research Analyst vide Registration Number INH000009861 dated on June 13, 2022.

In accordance to Regulation 24 (2) of the SEBI (Research Analyst) Regulations, 2014, we shall maintain the following the Code of Conduct:

1. Honesty and Good Faith
We will act honestly and in good faith.

2. Diligence
We will act with due skill, care and diligence and will ensure that the research report is prepared after thorough analysis.

3. Conflict of Interest
We will effectively address conflict of interest which may affect the impartiality of research analysis and research report and will make appropriate disclosures to address the same.

4. Insider Trading or front running
We will not engage in insider trading or front running of our own research report.

5. Confidentiality
We will maintain confidentiality of report till the report is made public.

6. Professional Standard
We are engaged in research analysis and will observe high professional standard while preparing research report.

7. Compliance
We will comply with all regulatory requirements applicable to the conduct of its business activities.

8. Responsibility of senior management
We will bear primary responsibility of senior management for ensuring the maintenance of appropriate standards of conduct and adherence to proper procedures.

All Rights Reserved.