The Central Government on 7th March, 2023 has issued the Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2023. The amendment provides that every Banking Company or Financial Institution or intermediary, as the case may be, shall register the details of a client, in case of client being a non-profit organization, on the DARPAN Portal of NITI Aayog, if not already registered, and maintain such registration records for a period of five years after the business relationship between a client and a reporting entity has ended or the account has been closed, whichever is later.
SEBI helpline to Combat Fraud and Enhance Investor Protection
11 April 2025
SEBI has advised all its regulated and registered entities to use a dedicated ‘1600’ phone number series exclusively for service and transactional voice calls
