Govt. authorizes Central Registry of SARFAESI to act as Central KYC records registry under PMLA

MONEY-LAUNDERING : Section 73 of the Prevention of Money-Laundering Act, 2002, Read with Rules 2 and 9A of the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 – Power to Make Rules – Authorisation of Cersai to Perform Functions of, Central KYC Records Registry Under said Rules, Including Receiving, Storing, Safeguarding and Retrieving KYC Records in Digital Form of A Client