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Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) Second Amendment Rules, 2010.

Money Laundering - 10/2010 ES - Dated:- 16-6-2010 - MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 10/2010 E S Dated: 16 June, 2010 GSR 508 E- In exercise of the powers conferred by sub - section(1) read with clause(h), clause(i), clause( .....

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aundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies .....

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rds of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and I .....

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lving funds suspected to be linked or related to, or to be used for terrorism, terrorist act or by a terrorist, terrorist organisation or those who finance or are attempting to financing of terrorism." b. in rule 9, for sub- rule (1A), the follo .....

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take all reasonable steps to verify his identity." c. in rule 9, for sub- rule (1B), the following sub - rule shall be substituted, namely:- "(1B) Every banking company, financial institution and Intermediary, as the case may be, shall exer .....

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ary, the source of funds." d. in rule 9, for sub- rule (1C), the following sub- rule shall be substituted, namely:- "(1C) No banking company, financial institution and Intermediary, as the case may be, shall allow the opening of or keep any .....

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) When there are suspicions of money laundering or financing of the activities relating to terrorism or where there are doubts about the adequacy or veracity of previously obtained customer identification data, every banking company, financial instit .....

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