Confidentiality under Section 12A(3) of the Prevention of Money Laundering Act, 2002 is subject to-
Section 12A(3) keeps the information confidential "save as otherwise provided under any law for the time being in force", matching the wording of s.12(2). Neither the…
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Confidentiality under Section 12A(3) of the Prevention of Money Laundering Act, 2002 is subject to-
Answer and explanation
Correct answer C
Section 12A(3) keeps the information confidential "save as otherwise provided under any law for the time being in force", matching the wording of s.12(2). Neither the entity's consent nor RBI directions lift the confidentiality.