Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023

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....Act, 2002 (15 of 2003), the Central Government hereby makes the following rules further to amend the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, namely: - 1. (1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023.    (2) They shall come into force on the date of their publication in the Official Gazet....

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....ociety under the Societies Registration Act, 1860 (21 of 1860) or any similar State legislation or a Company registered under the section 8 of the Companies Act, 2013 (18 of 2013);" (iv) after clause (da) the following clause shall be inserted, namely: - "(db) "Politically Exposed Persons" (PEPs) are individuals who have been entrusted with prominent public functions by a foreign....

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....ord "fifteen", the word "ten" shall be substituted; (ii) in sub-rule (6),- (a) in sub-clause (iv), the word "and" shall be omitted; (b) after sub-clause (v), the following clauses shall be inserted, namely:- "(vi) the names of the relevant persons holding senior management position; and (vii) the registered office and the principal place of its business....

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....of trustees and documents as are required for individuals under sub-rule (4) for those discharging role as trustee and authorised to transact on behalf of the trust."; (v) after sub-rule (9), the following sub-rules shall be inserted, namely:- "(9A) Every Banking Company or Financial Institution or intermediary, as the case may be, shall register the details of a client, in case ....