Under Section 11A(1) of the Prevention of Money Laundering Act, 2002, every reporting entity shall…
Under PMLA s.11A(1), every reporting entity must verify the identity of both its clients and their beneficial owners, not clients alone, beneficial owners alone, or account…
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Under Section 11A(1) of the Prevention of Money Laundering Act, 2002, every reporting entity shall verify the identity of-
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Correct answer D
Under PMLA s.11A(1), every reporting entity must verify the identity of both its clients and their beneficial owners, not clients alone, beneficial owners alone, or account holders alone.