Amendment To Prevention Of Money-Laundering (Maintenance Of Records) Rules, 2005

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.... of 'simplified measures' to verify the proof of identity of 'low risk customers' if they do not have Officially Valid Documents (OVDs) for proof of identity. 2. The Government has since amended the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 providing additional relaxations for the purpose of proof of address in addition to the relaxations in proof of iden....

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....sector undertakings, scheduled commercial banks, financial institutions and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation; and (f) Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India. 3. The additional documents mentioned above shall be deemed to be OVDs under....