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<h1>Central Government Allows Aadhaar Authentication for Select Financial Entities Under PMLA to Enhance Compliance and Security.</h1> The Central Government, under the Prevention of Money-laundering Act, 2002, has authorized specific reporting entities to use Aadhaar authentication services. This decision is made to ensure compliance with privacy and security standards as per the Aadhaar Act, 2016. After consultations with the Unique Identification Authority of India and the Reserve Bank of India, the entities permitted for Aadhaar authentication include Fedbank Financial Services Limited, Amrit Malwa Capital Limited, and Nissan Renault Financial Services India Private Limited. This notification is issued by the Ministry of Finance, Department of Revenue, dated September 6, 2023.