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Maintenance Of Records
Rule 10 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 is reproduced as under:

10. Maintenance of the records of the identity of clients.—

(1) Every reporting entity shall maintain the records of the identity of its clients obtained in accordance with rule 9.
(2) The records of the identity of clients shall be maintained in a manner as may be specified by its regulators from time to time.
(3) Where the reporting entity does not have records of the identity of its existing clients, it shall obtain the records within the period specified by the regulator, failing which the reporting entity shall close the account of the clients after giving due notice to the client. Explanation.—For the purpose of this rule, the expression “records of the identity of clients” shall include updated records of the identification date, account files and business correspondence.


 
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NDPS Act, 1985

UAPA, 1967

The Prevention of Money Laundering (Amendment) Act, 2012 (Scanned Format)

The Prevention of Money Laundering (Amendment) Act, 2009 (Scanned Format)

The Prevention of Money Laundering (Amendment) Act, 2005 (Scanned Format)

The Prevention of Money Laundering Act, 2002 (Scanned Format)

WARNING

FIU-India does not seek any information from individuals. If any person receives any such letter/query, it is a fraud and it should be immediately reported to the Police and also brought to the notice of FIU-IND...more
 
 
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