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of <h1>Finance Ministry Approves 39 Entities for Aadhaar Authentication u/s 11A of Money-Laundering Act 2002.</h1> The Ministry of Finance, under section 11A of the Prevention of Money-laundering Act, 2002, authorizes certain reporting entities to use Aadhaar authentication services. This decision follows consultation with the Unique Identification Authority of India and the Securities and Exchange Board of India, ensuring compliance with privacy and security standards as per the Aadhaar Act, 2016. The notification lists 39 entities, including various finance and securities companies, that are permitted to perform Aadhaar authentication for money laundering prevention purposes.
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