Record-keeping timeframe extended under Prevention of Money laundering Rules; reporting deadline for maintained records increased to ten days. The Central Government amends the Prevention of Money laundering (Maintenance of Records) Rules, 2005 by substituting a longer compliance deadline in rule 9, sub rule (1A), replacing the earlier three day period with a ten day period for the specified reporting or record maintenance action; the amendment operates from its publication in the Official Gazette.
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Record-keeping timeframe extended under Prevention of Money laundering Rules; reporting deadline for maintained records increased to ten days.
The Central Government amends the Prevention of Money laundering (Maintenance of Records) Rules, 2005 by substituting a longer compliance deadline in rule 9, sub rule (1A), replacing the earlier three day period with a ten day period for the specified reporting or record maintenance action; the amendment operates from its publication in the Official Gazette.
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