The notification issued by the Ministry of Finance, Department of Revenue, permits the reporting entities listed in the table to perform authentication services under the Aadhaar Act for the purposes of Section 11A of the Prevention of Money-laundering Act (PMLA).
This authorization is granted because the Central Government is satisfied that these reporting entities comply with the privacy and security standards mandated by the Aadhaar Act.
Key Changes
A total of 24 reporting entities are now authorized to perform Aadhaar authentication for PMLA purposes.
The decision was made after consulting with the Unique Identification Authority of India (UIDAI) and the Securities and Exchange Board of India (SEBI).
The authorization is based on the government's assessment that these entities adhere to the necessary privacy and security standards under the Aadhaar Act.
Impact Analysis
Reporting Entities
Action Item: Reporting entities should update their internal policies and procedures to reflect the use of Aadhaar authentication for PMLA compliance.
Clients/Customers
Consideration: Ensure customers are aware of how their Aadhaar data will be used and protected, addressing any privacy concerns.
UIDAI and SEBI
Action Item: UIDAI and SEBI should establish mechanisms for monitoring and auditing the use of Aadhaar authentication by these entities.
Government
Action Item: The government should continue to assess the effectiveness of this measure and make adjustments as needed.
Key Entities Referenced
Central Government: The issuer of the notification, acting through the Ministry of Finance (Department of Revenue).
Reporting Entities: The 24 entities listed in the table, including Tata Securities Limited, Ganpati Finsec Private Limited, etc., which are now authorized to perform Aadhaar authentication for PMLA purposes.
Prevention of Money-laundering Act, 2002 (PMLA): The primary legislation for combating money laundering in India. Section 11A is relevant to the use of Aadhaar authentication.
Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016: The legislation governing the use of Aadhaar for targeted delivery of subsidies and benefits, including provisions for privacy and security.
Unique Identification Authority of India (UIDAI): The statutory authority responsible for administering the Aadhaar program in India.
Securities and Exchange Board of India (SEBI): The regulatory authority for the securities market in India.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-21022024-252268
CG-DxLx-xEG-I2D1H0x2x2x0 24-252268
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 773] नई दिल्ली, बुधिार, फरिरी 21, 2024/फाल्ग नु 2, 1945
No. 773] NEW DELHI, WEDNESDAY, FEBRUARY 21, 2024/PHALGUNA 2, 1945
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
अजधसचू ना
नई दिल्ली, 20 फरिरी, 2024
का.आ. 810(अ).—केंद्रीय सरकार, धन-िोधन जनिारण अजधजनयम, 2002 (2003 का 15) (जिसे इसम ें इसके
पश्चात् धन-िोधन अजधजनयम कहा गया ह)ै की धारा 11क की उपधारा (1) के परंतुकों द्वारा प्रित्त िजियों का प्रयोग करत े
हुए, यह समाधान हो िाने पर दक नीचे सारणी में उजल्लजखत ररपोर्टकताट इकाईयां, आधार (जित्तीय और सहाजयदकयों,
प्रसुजिधाओं और सेिाओं का लजययत पररिान) अजधजनयम, 2016 (2016 का 18) (जिसे इसमें इसके पश्चात आधार
अजधजनयम कहा गया ह)ै के अधीन गोपनीयता और सुरक्षा मानकों का पालन करेंगी और ऐसा करना आिश्यक तथा
समीचीन ह,ै तथा आधार अजधजनयम, की धारा 11 की उपधारा (1) के अधीन स्ट्थाजपत भारतीय जिजिष्ट पहचान
प्राजधकरण और समुजचत जिजनयामक, अथाटत् भारतीय प्रजतभूजत और जिजनमय बोडट, स े परामिट करन े के पश्चात ् ररपोर्टकता ट
उि इकाईयों को धन-िोधन जनिारण अजधजनयम की धारा 11क के प्रयोिनों के जलए आधार अजधजनयम के अधीन
अजधप्रमाणन करन े के जलए अनज्ञु ात करती ह,ै अथाटत् :--
सारणी
क्र. स.ं ररपोर्टकता टइकाई
(1) (2)
1. र्ार्ा जसक्योररर्ीि जलजमर्ेड
2. गणपजत दफनसेक प्राइिेर् जलजमर्ेड
1175 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3. कांजतलाल छगनलाल जसक्योररर्ीि प्राइिेर् जलजमर्ेड
4. नाइन स्ट्र्ार ब्रोककंग प्राइिेर् जलजमर्ेड
5. गार्िटयन कैजपर्ल पार्टनसट फंड
6. अबक्कुस एसेर् मैनेिर एलएलपी
7. मनीिाइि दफनिेस्ट्र् जलजमर्ेड
8. मानस्ट्िी जसक्योररर्ीि जलजमर्ेड
9. कोचीन स्ट्र्ॉक ब्रोकसट जलजमर्ेड
10. जिजित ग्लोबल जसक्योररर्ीि प्राइिेर् जलजमर्ेड
11. ग्रेिमा िेयस ट & स्ट्र्ॉक्स जलजमर्ेड
12. हॉर्नटक इन्िेस्ट्र्मेंर् प्राइिेर् जलजमर्ेड
13. एमएफ यूरर्जलर्ीि इंजडया प्राइिेर् जलजमर्ेड
14. रािीि झुनझुनिाला
15. पेंर्ड जसक्योररर्ीि प्राइिेर् जलजमर्ेड
16. केआईएफएस रेड कैजपर्ल प्राइिेर् जलजमर्ेड
17. एस डब्लल्यूकैजपर्ल प्राइिेर् जलजमर्ेड
18. दफनोजपया दफनर्ेक प्राइिेर् जलजमर्ेड
19. बिाि दफनसिट डायरेक्र् जलजमर्ेड
20. क्ांर्ेक कैजपर्ल इन्िेस्ट्र्मेंर् एडिाइिसट प्राइिेर् जलजमर्ेड
21. अररिीत मिूमिार
22. संकल्पनारायण कृष्णन
23. स्ट्काई कमोजडर्ीि इंजडया प्राइिेर् जलजमर्ेड
24. चोलामंडलम जसक्योररर्ीि जलजमर्ेड
[फा. सं. पी-12011/3/2022-ईएस सेल-डीओआर (भाग-1)]
मनोि कुमार ससंह, जनिेिक (मख्ु यालय)
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 20th February, 2024
S.O. 810(E).— In exercise of the powers conferred by provisos to sub-section (1) of section 11A of the
Prevention of Money-laundering Act, 2002 (15 of 2003)(hereinafter referred to as the Money-laundering Act), the
Central Government, on being satisfied that the reporting entities mentioned in the TABLE below comply with the
standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits
and Services) Act, 2016 (18 of 2016)(hereinafter referred to as the Aadhaar Act), and it is necessary and expedient to
do so, and after consultation with the Unique Identification Authority of India established under sub-section (1) of
section 11 of the Aadhaar Act and the regulatory authority, namely, the Securities and Exchange Board of India,
hereby notifies the reporting entities to perform authentication service under the Aadhaar Act for the purposes of
section 11A of the Money-laundering Act, namely:-[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
TABLE
Serial Number Reporting Entities
(1) (2)
1 TATA SECURITIES LIMITED
2 GANPATI FINSEC PRIVATE LIMITED
3 KANTILAL CHHAGANLAL SECURITIES PRIVATE LIMITED
4 NINE STAR BROKING PRIVATE LIMITED
5 GUARDIAN CAPITAL PARTNERS FUND
6 ABAKKUS ASSET MANAGER LLP
7 MONEYWISE FINVEST LIMITED
8 MANASHVI SECURITIES LIMITED
9 COCHIN STOCK BROKERS LIMITED
10 VIJIT GLOBAL SECURITIES PRIVATE LIMITED
11 GRESHMA SHARES & STOCKS LIMITED
12 HORNIC INVESTMENT PRIVATE LIMITED
13 MF UTILITIES INDIA PRIVATE LIMITED
14 RAJEEV JHUNJHUNWALA
15 PENTAD SECURITIES PRIVATE LIMITED
16 KIFS TRADE CAPITAL PRIVATE LIMITED
17 SW CAPITAL PRIVATE LIMITED
18 FINOPIA FINTECH PRIVATE LIMITED
19 BAJAJ FINSERV DIRECT LIMITED
20 QUANTECH CAPITAL INVESTMENT ADVISORS PRIVATE LIMITED
21 ARIJIT MAZUMDAR
22 SANKALPNARAYAN KRISHNAN
23 SKY COMMODITIES INDIA PRIVATE LIMITED
24 CHOLAMANDALAM SECURITIES LIMITED
[F.No. P-12011/3/2022-ES Cell-DOR(Part-1)]
MANOJ KUMAR SINGH, Director (Headquarter)
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.