Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Insurance Brokers Classified as Designated Professionals Under Money Laundering Act for Enhanced Compliance Monitoring.</h1> The Central Government, under the Prevention of Money-laundering Act, 2002, has issued a notification stating that individuals licensed by the Insurance Regulatory and Development Authority (IRDA) to perform functions specified in regulations 3, 4, or 5 of the Insurance Brokers Regulations, 2002, are classified as 'persons carrying on designated business or profession.' This designation is part of efforts to regulate and monitor activities under the Prevention of Money-laundering Act, ensuring compliance by those engaged in insurance brokerage activities.