Enhanced monitoring under Section 12AA(3) of the Prevention of Money Laundering Act, 2002 includes-
Enhanced monitoring under PMLA s.12AA(3) means subjecting future transactions to greater scrutiny, not immediately freezing all accounts, only filing a criminal complaint,…
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Enhanced monitoring under Section 12AA(3) of the Prevention of Money Laundering Act, 2002 includes-
Answer and explanation
Correct answer A
Enhanced monitoring under PMLA s.12AA(3) means subjecting future transactions to greater scrutiny, not immediately freezing all accounts, only filing a criminal complaint, or ignoring low-value transactions.