Who has the responsibility to furnish information to Director, FIU-IND?
Every banking company, financial institution and intermediary is required by Rule 7 of the Rules notified by Notification No.9/2005 dated 1/7/2005 to designate an officer as Principal Officer for the purpose of PMLA, 2002, who will have the responsibility to furnish the information referred to in Rule 3 to the Director, FIU-IND on the basis of information available with the banking company, financial institution and intermediary, as the case may be. A copy of such information shall also be retained by the Principal Officer for the purpose of official record.
