Prevention of Money Laundering Act 2002

13 reporting entities notified for Aadhaar authentication for PMLA purpose

13 reporting entities notified to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money- laundering Act.

MINISTRY OF FINANCE
(Department of Revenue)

NOTIFICATION

New Delhi, the 13th August, 2024

S.O. 3454(E).— In exercise of the powers conferred by sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003) (hereinafter referred to as the Money-laundering Act), the Central Government on being satisfied that the reporting entities mentioned in the Table below comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016)(hereinafter referred to as the Aadhaar Act), and it is necessary and expedient to do so, and after consultation with the Unique Identification Authority of India established under sub-section (1) of section 11 of the Aadhaar Act and the appropriate regulator namely, the Securities and Exchange Board of India, hereby permits the said reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money- laundering Act, namely:

TABLE

Sl No. (1)  Reporting Entities (2)

1 RKSV Securities India Private Limited.

2 OPG Securities Private Limited.

3 SBICAP Securities Limited.

4 SMC Global Securities Limited.

5 JM Financial Services Limited.

6 Arihant Capital Market Limited.

7 Moneylicious Securities Private Limited.

8 SMIFS Limited.

9 ACML Capital Markets Limited.

10 Aditya Birla Money Limited.

11 Monarch Networth Capital Limited.

12 Comfort Securities Limited.

13 R.K. Stock Holding Private Limited.

14 Angel One Limited. And

15 IIFL Securities Limited

[F. No. P-12011/3/2022-ES Cell-DOR (Part-1)]

RIMJHIM PANDEY, Under Secy.

Download Notification Click Here >>

Share

Recent Posts

  • Income Tax

AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT

Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…

3 hours ago
  • Income Tax

Shareholders can’t be taxed for income from properties owned by the company – HC

Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…

5 hours ago
  • Income Tax

Jurisdictional error in reassessment approval can’t be shielded by the law of limitation

When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…

7 hours ago
  • Income Tax

ITAT ought to remanded whole matter of bogus purchases instead of profit determination

ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…

8 hours ago
  • Income Tax

Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A

Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…

1 day ago
  • bankruptcy

Corporate guarantees executed by corporate debtor constitute “financial debt” under IBC

Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…

1 day ago