Reserve Bank of India has permitted additional entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money laundering Act, 2002 - S.O. 3521(E) - Prevention of Money-Laundering
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Aadhaar authentication permission expands for a reporting entity under money-laundering compliance standards and privacy safeguards. The Central Government permits a specified reporting entity to perform authentication under the Aadhaar Act for the purposes of section 11A of the Prevention of Money-laundering Act, 2002. The permission is given after consultation with the Unique Identification Authority of India and the Reserve Bank of India, and on the basis that the entity will comply with the standards of privacy and security under the Aadhaar Act.
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 permission expands for a reporting entity under money-laundering compliance standards and privacy safeguards.
The Central Government permits a specified reporting entity to perform authentication under the Aadhaar Act for the purposes of section 11A of the Prevention of Money-laundering Act, 2002. The permission is given after consultation with the Unique Identification Authority of India and the Reserve Bank of India, and on the basis that the entity will comply with the standards of privacy and security under the Aadhaar Act.
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