We are in the process of updating the KYC information of our client base since it is mandatory that the KYC information is updated on a regular basis as per the terms of the Prevention of Money Laundering Act No. 6 of 2005, Financial Transaction Reporting Act No. 6 of 2006 and the rules for the Securities Industry issued by the Financial Intelligence Unit of the Central Bank of Sri Lanka. We would also like to take this opportunity to check the accuracy of your existing data with us.
this is from NDBS send to me,can explain what is this.thank u