Home | Site Map | Related Sites | Definitions | Glossary | FAQs
Banking Company
Financial Institution
Enforcement Agency
Click here for FINnet portal
New uploads
Our contact details
Ministry of Finance
UNSC Sanction Lists
Home > Identity of clients > Overview

Section 12 of the Prevention of Money Laundering Act, 2002 and rules thereunder require every reporting entity to verify and maintain the records of the identity of all its clients including beneficial owners, in such manner as may be prescribed.

Rules 9 and 10 of the Rules provide for verification and maintenance of the records of the identity of clients.

Identity of clients >> Verification of identity
Identity of clients >> Individuals
Identity of clients >> Company
Identity of clients >> Partnership Firm
Identity of clients >> Trust
Identity of clients >> AOP or BOI
Identity of clients >> Know Your Customer Guidelines
Identity of clients >> Client Identification Programme
Identity of clients >> Maintenance of Records
Identity of clients >> Retention of Records
PMLA >> Section 12 - Obligations under PMLA
Notifications >> Notification No. 9/2005 - Rules for Record Keeping and Reporting
Notifications >> Rule 9 - Verification of the records of the identity of clients
Notifications >> Rule 10 - Maintenance of the records of the identity of clients
Notifications >> Notification No. 15/2005 - Amendment to Rules
Notifications >> Notification No. 13/2009 - Amendment to Rules
Disclaimer | Tenders | Contact us | What’s New? | Site Map