Prevention of Money Laundering Rules renamed; amendment shortens rule title and takes effect upon Gazette publication. The Central Government amends the Prevention of Money laundering Rules to adopt the short title Prevention of Money laundering (Maintenance of Records) Rules in place of the lengthy descriptive name for the rules governing maintenance of transaction and client identity records by banking companies, financial institutions and intermediaries, and provides that the amendment shall come into force upon publication in the Official Gazette.
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Prevention of Money Laundering Rules renamed; amendment shortens rule title and takes effect upon Gazette publication.
The Central Government amends the Prevention of Money laundering Rules to adopt the short title Prevention of Money laundering (Maintenance of Records) Rules in place of the lengthy descriptive name for the rules governing maintenance of transaction and client identity records by banking companies, financial institutions and intermediaries, and provides that the amendment shall come into force upon publication in the Official Gazette.
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