https://www.taxtmi.com/article/detailed?id=11270 The amendment brings a wide range of cryptocurrency and virtual digital asset activities under the PMLA, treating VDA dealers as reporting entitys and requiring expanded recordkeeping and due diligence. It lowers thresholds for identifying beneficial ownership, mandates disclosure of trustees, senior management and other controlling persons, links specified non-profit organisations to additional registration requirements, and defines Politically exposed persons to trigger tailored compliance obligations. en-us Fri, 31 Mar 2023 08:52:18 +0530 Fri, 31 Mar 2023 08:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11270 The amendment brings a wide range of cryptocurrency and virtual digital asset activities under the PMLA, treating VDA dealers as reporting entitys and requiring expanded recordkeeping and due diligence. It lowers thresholds for identifying beneficial ownership, mandates disclosure of trustees, senior management and other controlling persons, links specified non-profit organisations to additional registration requirements, and defines Politically exposed persons to trigger tailored compliance obligations. Articles Income Tax Fri, 31 Mar 2023 08:52:18 +0530 https://www.taxtmi.com/article/detailed?id=11270