The prescribed measures under Section 12AA of the Prevention of Money Laundering Act, 2002 may include-
The prescribed measures under PMLA s.12AA(1) together cover Aadhaar-based authentication, examining the client's financial position and source of funds, and recording the…
Choose your answer
The prescribed measures under Section 12AA of the Prevention of Money Laundering Act, 2002 may include-
Answer and explanation
Correct answer D
The prescribed measures under PMLA s.12AA(1) together cover Aadhaar-based authentication, examining the client's financial position and source of funds, and recording the purpose and intended nature of the relationship, so all of the given options are correct.