Section 12(1)(a) of the Prevention of Money Laundering Act, 2002 requires reporting entities to maintain-
PMLA s.12(1)(a) requires a reporting entity to maintain a record of all transactions, not merely suspicious, foreign, or high-value ones.
Choose your answer
Section 12(1)(a) of the Prevention of Money Laundering Act, 2002 requires reporting entities to maintain-
Answer and explanation
Correct answer D
PMLA s.12(1)(a) requires a reporting entity to maintain a record of all transactions, not merely suspicious, foreign, or high-value ones.