Publication of notification under the prevention of Money laundering Act 2002

By | October 17, 2025
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Publication of notification under the prevention of Money laundering Act 2002

MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 16th October, 2025.

S.O. 4697(E).— In pursuance of sub-clause (ii) of clause (h) of sub-rule (2) of rule 9A of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, the Central Government in consultation with the Regulator hereby notifies that the provisions of sub-rule (1A), (1C) and (1D) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 shall apply to the class of reporting entities “within the meaning of intermediary” as defined in clause (f) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India {KYC (Know Your Client) Registration Agency} Regulations, 2011 with the following modifications, namely:-

(a) the said reporting entities shall have the option to upload KYC records on Central KYC Records Registry (CKYCRR) directly or through “KYC Registration Agency” (KRA) as defined in clause (h) of subregulation (1) of regulation (2) of the Securities and Exchange Board of India {KYC (Know Your Client) Registration Agency} Regulations, 2011; and the KYC information uploaded by a reporting entity with the
KRA and subsequently uploaded by the KRA on the CKYCRR shall be deemed to be an upload by the reporting entity on the CKYCRR for the purposes of sub-rule (1A) of rule 9;

(b) the additional or updated information in respect of the KYC records uploaded by any such reporting entity with the KRA and subsequently uploaded by the KRA on the CKYCRR shall be deemed to be an upload by the reporting entity on the CKYCRR for the purposes of sub-rule (1D) of rule 9 and notification of updates in respect of KYC records by the CKYCRR to the KRAs shall be deemed as CKYCRR informing the reporting entity of the update of such KYC records; and

(c) the said reporting entities may for the purposes of sub-rule (1C) of rule 9, retrieve the KYC records from
CKYCRR directly or through KRA.

[F. No. P-12011/14/2024-ES Cell-DOR]