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

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..... on 11A and section 12AA of the Prevention 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) Second Amendment Rules, 2023. (2) They shall co .....

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..... l shall include the right to control the management or policy decision; . (B) after sub-rule (10), the following proviso shall be inserted, namely:- Provided that in case of a trust, the reporting entity shall ensure that trustees disclose their status at the time of commencement of an account based relationship or when carrying out transactions as specified in clause (b) of sub-rule (1) r .....

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