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<h1>Central Government Forms Interministerial Committee Under Section 72A to Boost Anti-Money Laundering and Counter-Terrorism Financing Efforts.</h1> Section 72A of the Prevention of Money-Laundering Act, 2002, empowers the Central Government to establish an Interministerial Co-ordination Committee. This committee is responsible for facilitating operational and policy cooperation among government bodies, law enforcement, the Financial Intelligence Unit, and regulators. Its functions include coordinating anti-money laundering and counter-terrorism financing efforts, consulting with relevant sectors, and developing related policies. The Central Government may also assign additional responsibilities to the committee as deemed necessary. This provision was introduced through the Finance (No. 2) Act, 2019, effective from August 1, 2019.