Reporting Entities notified for Aadhaar authentication service of the Unique Identification Authority of India u/s 11A of the Prevention of Money-laundering Act, 2002 - S.O. 3586(E) - Prevention of Money-Laundering
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Aadhaar authentication authorised for AML compliance by specified insurers, contingent on Aadhaar Act privacy and security standards. The Central Government permits specified insurance reporting entities to perform Aadhaar authentication for the purposes of section 11A of the Prevention of Money laundering Act, having found they comply with privacy and security standards under the Aadhaar Act and after consultation with the Unique Identification Authority and the appropriate regulator; the authorization is limited to authentication under the Aadhaar framework contingent on adherence to those standards.
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 authorised for AML compliance by specified insurers, contingent on Aadhaar Act privacy and security standards.
The Central Government permits specified insurance reporting entities to perform Aadhaar authentication for the purposes of section 11A of the Prevention of Money laundering Act, having found they comply with privacy and security standards under the Aadhaar Act and after consultation with the Unique Identification Authority and the appropriate regulator; the authorization is limited to authentication under the Aadhaar framework contingent on adherence to those standards.
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