This Anti-Money Laundering (AML) and Know Your Client (KYC) Policy describes the principles and procedures adopted by CandleSignals, the research services brand of B-CUBE Consulting Private Limited, to comply with applicable legal and regulatory requirements relating to client identification, customer due diligence and the prevention of money laundering and terrorist financing.This Policy forms part of the compliance framework governing research services provided by CandleSignals and should be read together with the Research Analyst Services Agreement, DPDP Consent & Privacy Notice, Privacy Policy and other applicable regulatory documents.
Estimated reading time: 8–10 minutes
| Particular | Details | |
|---|---|---|
| Document | AML / KYC Policy | |
| Version | 1.0 | |
| Effective Date | 20th May 2026 | |
| Last Reviewed | 21 July 2026 | |
| Applicable To |
| |
| Regulatory Framework | Prevention of Money Laundering Act, 2002 (PMLA), Prevention of Money Laundering (Maintenance of Records) Rules, 2005, SEBI (Research Analysts) Regulations, 2014, applicable SEBI Master Circulars and other applicable laws |
Access all regulatory disclosures, investor information, grievance mechanisms, statutory policies and accessibility documents published by CandleSignals.
This AML / KYC Policy sets out the principles adopted by CandleSignals to comply with applicable legal and regulatory requirements relating to client identification, customer due diligence and the prevention of money laundering and terrorist financing.
CandleSignals is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst (Non-Individual) and provides research services in accordance with the SEBI (Research Analysts) Regulations, 2014.
As part of its regulatory obligations, CandleSignals verifies the identity of prospective clients, conducts appropriate due diligence and maintains records in accordance with applicable legal and regulatory requirements.
Nature of Business
CandleSignals provides research services only. It does not:
Accordingly, this Policy has been designed having regard to the nature and scope of the Company’s regulated activities.
This Policy applies to:
Compliance with this Policy forms part of the client onboarding process.
CandleSignals may require clients to provide information, documents or declarations necessary to comply with applicable legal or regulatory requirements before research services are activated.
Nothing contained in this Policy limits any obligation imposed upon CandleSignals or its clients under applicable laws or directions issued by SEBI or any other competent authority.
CandleSignals is committed to complying with applicable Know Your Client (KYC) requirements as part of its client onboarding and regulatory compliance framework.
Before providing research services, CandleSignals ordinarily requires clients to complete the prescribed KYC process through the authorised onboarding platform.
Depending upon applicable legal and regulatory requirements, the KYC process may include:
Research services may be activated only after the required onboarding formalities have been completed to the satisfaction of CandleSignals.
CandleSignals adopts reasonable procedures to verify the identity of prospective clients before commencing research services.
Verification may be carried out using one or more methods permitted under applicable law, including:
Where considered necessary, CandleSignals may request additional information or supporting documents for the purpose of completing identity verification.
Failure to provide information reasonably required for verification may result in delay, suspension or refusal of onboarding.
CandleSignals conducts client due diligence as part of its regulatory compliance framework.
The extent of due diligence may vary depending upon:
Client due diligence may include:
CandleSignals reserves the right to decline, defer or discontinue onboarding where client due diligence cannot be completed to its satisfaction or where required by applicable law or regulatory requirements.
CandleSignals may undertake ongoing due diligence throughout the duration of its relationship with a client to ensure that client information remains accurate, complete and consistent with applicable legal and regulatory requirements.
Where considered necessary, CandleSignals may request clients to:
Clients are expected to promptly notify CandleSignals of any material change in their identity, contact information or other information relevant to the provision of research services.
Failure to provide updated information or cooperate with reasonable due diligence requirements may result in suspension, restriction or termination of research services, subject to applicable law and contractual terms.
CandleSignals is committed to complying with applicable anti-money laundering and counter-terrorist financing requirements in accordance with the Prevention of Money Laundering Act, 2002, applicable rules and SEBI requirements.
The Company adopts a risk-based approach to client onboarding and due diligence appropriate to the nature of its research services.
As part of its compliance framework, CandleSignals may:
To preserve the effectiveness of its compliance programme, CandleSignals does not publicly disclose the detailed methodologies, monitoring parameters or internal controls used for anti-money laundering compliance.
Where required by applicable law or considered appropriate for regulatory compliance, CandleSignals may undertake screening and verification of clients against applicable regulatory or statutory databases, sanctions lists or other authorised sources.
The Company reserves the right to request additional information or documentation where necessary to comply with applicable legal or regulatory obligations.
If CandleSignals identifies circumstances that may present legal, regulatory or compliance concerns, it may:
Nothing contained in this Policy shall prevent CandleSignals from complying with any statutory reporting, disclosure or cooperation obligations imposed by applicable law.
CandleSignals maintains records relating to client identification, KYC documentation, due diligence and other regulatory information in accordance with applicable legal and regulatory requirements.
Such records may be retained for the period prescribed under:
Where the applicable retention period has expired and continued retention is no longer required, records may be securely archived, anonymised or disposed of in accordance with applicable legal requirements and the Company’s record management procedures.
CandleSignals reserves the right to refuse, suspend or terminate research services where:
Any such action shall be taken in accordance with applicable law, regulatory requirements and the Research Analyst Services Agreement.
CandleSignals may review and revise this AML / KYC Policy from time to time to reflect:
The latest version of this Policy shall be published on the CandleSignals website and shall become effective from the Effective Date specified in the revised document.
Questions relating to this Policy or requests for clarification regarding AML or KYC requirements may be addressed to CandleSignals using the contact details below.
B-CUBE Consulting Private Limited
Research Services Brand: CandleSignals
SEBI Registration No.: INH000027016
Registered Office
8-3-167/K43/507, Flat No. 507
Leeladhar Enclave
Kalyan Nagar Venture III
Mothi Nagar
Hyderabad – 500018
Telangana, India
Website: https://candlesignals.com
Email: support@candlesignals.com
Nothing contained in this Policy shall limit or affect any obligation imposed upon CandleSignals under:
In the event of any inconsistency between this Policy and applicable law, the provisions of applicable law shall prevail to the extent of such inconsistency.
Related Documents
This Policy should be read together with: