The Securities and Exchange Board of India (SEBI) has cautioned the country's bourses against dealing with funds and entities from Iran and North Korea in view of the possible risk of black money flow and terror financing.In a circular to all members of the bourse, the investigation department of the National Stock Exchange (NSE) on Tuesday said that SEBI had informed it in a letter dated May 5 that Iran and North Korea did not have appropriate norms on ‘anti-money laundering and combating the financing of terrorism (AML/CFT)'
