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>Finance Ministry Authorizes Aadhaar e-KYC for Money-Laundering Prevention; NPCI Oversees Compliance and Access Control.</h1> The notification issued by the Ministry of Finance authorizes entities to perform authentication under the Aadhaar Act for section 11A of the Prevention of Money-laundering Act using the e-KYC setu system. This system, managed by the National Payments Corporation of India (NPCI), allows identity verification without disclosing the full Aadhaar number. NPCI ensures compliance with UIDAI regulations and maintains a list of onboarded entities. Access to e-KYC setu can be revoked if entities breach requirements or cease financial operations. Changes in access are reported to UIDAI and regulators, with the notification effective upon publication.