Inter-ministerial coordination committee under PMLA established to coordinate AML/CFT policy, operational cooperation and supervision. An Inter-ministerial Co-ordination Committee is constituted under section 72A of the Prevention of Money Laundering Act, 2002, setting out membership drawn from senior officials of revenue, financial services, enforcement agencies and regulators, with the FIU-India and other agencies included; its terms of reference cover operational cooperation, policy coordination, sectoral consultation on AML/CFT laws and development and implementation of AML/CFT policies, and the Financial Action Task Force Cell, Department of Revenue, shall act as secretariat, effective from Gazette publication.
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Inter-ministerial coordination committee under PMLA established to coordinate AML/CFT policy, operational cooperation and supervision.
An Inter-ministerial Co-ordination Committee is constituted under section 72A of the Prevention of Money Laundering Act, 2002, setting out membership drawn from senior officials of revenue, financial services, enforcement agencies and regulators, with the FIU-India and other agencies included; its terms of reference cover operational cooperation, policy coordination, sectoral consultation on AML/CFT laws and development and implementation of AML/CFT policies, and the Financial Action Task Force Cell, Department of Revenue, shall act as secretariat, effective from Gazette publication.
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