Verification of identity by reporting entity. - S.O. 2252(E) - Prevention of Money-Laundering

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 12th June, 2024. S.O. 2252(E). In exercise of the powers conferred by sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003) (hereinafter referred to as the Money-laundering Act), the Central Government on being satisfied that the reporting entities mentioned in the TABLE below comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsides, Benefits and Services) Act, 2016 (18 of 2016) (hereinafter referred to as the Aadhaar Act), and it is necessary and expedient to do so, after consultation with the Unique Identification Authority of India established under sub-section (1) of section 11 of the Aadhaar Act and the appropriate regulator, namely, the Reserve Bank of India, hereby permits the said reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money-laundering Act , namely:- TABLE Serial number Reporting entities (1) (2) 1. IIFCO Kisan Finance Limited 2. L T Finance Limited 3. Wheels EMI Private Limited. [F. No. P-12011/11/2021-ES Cell-DOR-Part(1)] RIMJHIM PANDEY, Under Secy.