https://www.taxtmi.com/acts?id=36963 Amendments to the Act revise Section 2 to alter intermediary designations and notify registration authorities, insert an Explanation broadening the meaning of proceeds of crime to include property directly or indirectly derived from criminal activity relatable to scheduled offences, introduce a provision for enhanced due diligence with consequential cross references, and establish authority to constitute an Inter Ministerial Co ordination Committee to coordinate implementation of international AML/CFT standards, alongside expanded rule making powers. en-us Fri, 05 Jul 2019 18:58:26 +0530 Fri, 19 Jul 2019 15:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36963 Amendments to the Act revise Section 2 to alter intermediary designations and notify registration authorities, insert an Explanation broadening the meaning of proceeds of crime to include property directly or indirectly derived from criminal activity relatable to scheduled offences, introduce a provision for enhanced due diligence with consequential cross references, and establish authority to constitute an Inter Ministerial Co ordination Committee to coordinate implementation of international AML/CFT standards, alongside expanded rule making powers. Act-Rules Bill Fri, 05 Jul 2019 18:58:26 +0530 https://www.taxtmi.com/acts?id=36963