Central Government Authorization for HDB Financial Services Limited to perform Aadhaar Authentication for the purposes of section 11A of the Money-laundering Act - S.O. 4240(E) - Prevention of Money-Laundering
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Aadhaar authentication authorization permits a reporting entity to use Aadhaar-based verification for anti-money laundering compliance. Central Government authorises HDB Financial Services Limited to perform Aadhaar authentication for the purposes of section 11A of the Prevention of Money laundering Act, subject to compliance with the privacy and security standards under the Aadhaar Act and following consultation with the Unique Identification Authority and the appropriate 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 authorization permits a reporting entity to use Aadhaar-based verification for anti-money laundering compliance.
Central Government authorises HDB Financial Services Limited to perform Aadhaar authentication for the purposes of section 11A of the Prevention of Money laundering Act, subject to compliance with the privacy and security standards under the Aadhaar Act and following consultation with the Unique Identification Authority and the appropriate regulator.
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