Rule 3A - Implementation of policies by groups. - Prevention of Money-Laundering (Maintenance of Records) Rules, 2005

2 [ 3A. Implementation of policies by groups. (1) Every reporting entity, which is part of a group, shall implement group-wide programmes against money laundering and terror financing, including group-wide policies for sharing information required for the purposes of client due diligence and money laundering and terror finance risk management and such programmes shall include adequate safeguards on the confidentiality and use of information exchanged, including safeguards to prevent tipping-off. (2) Groups are required to implement group-wide policies for the purpose of discharging obligations under the provisions of Chapter IV of the Prevention of Money Laundering Act, 2002. (15 of 2003). ] ------------------ Notes: 1. Inserted vide Notification No. S.O. 1074(E)., dated 07-03-2023. 2. Substituted vide Notification No. G.S.R. 745(E) dated 17-10-2023 before it was read as, 1 [3A Implementation of policies by groups. Groups are required to implement group-wide policies for the purpose of discharging obligations under the provisions of Chapter IV of the Prevention of Money-laundering Act, 2002 (15 of 2003). ]