TMI BlogPrevention of Money-laundering (Maintenance of Records) Fourth Amendment Rules, 2019.X X X X Extracts X X X X X X X X Extracts X X X X ..... section 73 read with section 11A and section 12AA of the Prevention of Money-laundering Act, 2002 (15 of 2003) , the Central Government hereby makes the following rules further to amend the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 , namely:- 1. (1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) Fourth Amendment Rules ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rules, in rule 9 :-- (i) after sub-rule (1), the following shall be inserted, namely:-- Provided that where a client is subscribing or dealing with depository receipts or equity shares, issued or listed in jurisdictions notified by the Central Government, of a company incorporated in India, and it is acting on behalf of a beneficial owner who is a resident of such jurisdiction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Central Government and listed on stock exchanges in such jurisdictions notified by the Central Government, or it is a subsidiary of such listed entities, it is not necessary to identify and verify the identity of any shareholder or beneficial owner of such entities. [F. No. M.11014/1/2017-ES Cell-DOR] A. K. GHARAI, Under Secy. Note : The principal rules were ..... X X X X Extracts X X X X X X X X Extracts X X X X
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