Insurance Regulatory and Development Authority of India, notifies the reporting entities to undertake Aadhaar authentication service of the Unique Identification Authority of India under section 11A of the Prevention of Money-laundering Act, 2002 - G.S.R. 512(E) - Prevention of Money-Laundering
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Aadhaar authentication requirement: specified insurers must adopt Aadhaar authentication where privacy and security standards are met. Notification under section 11A of the Prevention of Money laundering Act requires specified insurance reporting entities to undertake Aadhaar authentication services, conditioned on the Central Government's satisfaction that those entities meet the privacy and security standards under the Aadhaar law and following consultation with the Unique Identification Authority and the insurance regulator.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Aadhaar authentication requirement: specified insurers must adopt Aadhaar authentication where privacy and security standards are met.
Notification under section 11A of the Prevention of Money laundering Act requires specified insurance reporting entities to undertake Aadhaar authentication services, conditioned on the Central Government's satisfaction that those entities meet the privacy and security standards under the Aadhaar law and following consultation with the Unique Identification Authority and the insurance regulator.
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