Can I read 2017 Amendment to Money-Laundering Rules on EtoBox?

2017 Amendment to Money-Laundering Rules by Latest Laws Team is a document available to read on EtoBox.

What is 2017 Amendment to Money-Laundering Rules about?

1) The Ministry of Finance has issued the Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2017 to further amend the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. 2) A proviso has been inserted in rule 2(1)(fb)(iii) stating that the limit on account balance shall not apply to deposits made through government grants, welfare benefits, or payments against procurements. 3) The amendments were made by exercising powers under the Prevention of Money Launder

Author

Latest Laws Team

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EN