Govt. notified International Exchanges of Permissible Jurisdiction under PMLA

Govt. notified International Exchanges of Permissible Jurisdiction under Prevention of Money laundering Act.

MINISTRY OF FINANCE
(Department of Revenue)

NOTIFICATION

New Delhi, the 28th November, 2019

G.S.R. 882(E).—In exercise of the powers conferred by section 73 read with section 11A and section 12AA of the Prevention of Money-laundering Act, 2002 (15 of 2003) and sub-rule (1) of rule 9 and clause (f) of sub rule (3) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, the Central Government, hereby notifies the following jurisdictions, namely:-

(i) United States of America

(ii) Japan

(iii) South Korea

(iv) United Kingdom excluding British Overseas Territories

(v) France

(vi) Germany

(vii) Canada

(viii) International Financial Services Centre in India.

[F. No. M-11014/1/2017-ES Cell-DOR]
DINESH BOUDDH, Director

• Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court
• Section 271AAB does not grant any immunity from penalty in terms of section 273B
• Engagement of ‘Young Professional’ in the office of the PCCT Bihar & Jharkhand
• CGPDTM invites applications for hiring contractual manpower and Young Professionals
• Sundry creditors can’t be treated income u/s 41(1) because recovery barred by limitation