Additional safeguards under Section 11A(5) of the Prevention of Money Laundering Act, 2002 relate to-
Section 11A(5) lets the Central Government notify "additional safeguards on any reporting entity in respect of verification of the identity of its client or beneficial…
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Additional safeguards under Section 11A(5) of the Prevention of Money Laundering Act, 2002 relate to-
Answer and explanation
Correct answer C
Section 11A(5) lets the Central Government notify "additional safeguards on any reporting entity in respect of verification of the identity of its client or beneficial owner". Penalties fall under s.13 and attachment under s.5.