13 August 2024

Under the Prevention of Money-laundering Act, 2002, the Central Government, after consulting with the Unique Identification Authority of India and the Securities and Exchange Board of India, has authorized certain reporting entities to use Aadhaar authentication for compliance with anti-money laundering requirements. The listed entities, which include various securities and financial services firms such as RKSV Securities, SBICAP Securities, and Angel One Limited, are permitted to perform Aadhaar-based authentication as part of their operations.