Prevention of Money-laundering (Maintenance of Records) Fourth Amendment Rules, 2019.

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..... revention of Money-laundering 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) Fourth Amendment Rules, 2019. (2) They shall come into force on the date of their publication i .....

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..... a client is subscribing or dealing with depository receipts or equity shares, issued or listed in jurisdictions notified by the Central Government, of a company incorporated in India, and it is acting on behalf of a beneficial owner who is a resident of such jurisdiction, the determination, identification and verification of such beneficial owner, shall be as per the norms of such jurisdiction an .....

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..... tities, it is not necessary to identify and verify the identity of any shareholder or beneficial owner of such entities." [F. No. M.11014/1/2017-ES Cell-DOR] A. K. GHARAI, Under Secy. Note : The principal rules were published in Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide numbers G.S.R. 444(E), dated the 1st July, 2005 and were last amended vide G.S.R. 582(E) dated .....

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