Reserve Bank of India
August 9, 2019
The Chairpersons/ CEOs of all the Regulated Entities
Amendment to Master Direction (MD) on KYC
Government of India, vide Gazette Notification G.S.R. 381(E) dated May 28, 2019, has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005.
2. The change carried out in the Master Direction in accordance with the aforementioned amendment to the PML Rules is as under:
3. The Master Direction on KYC dated February 25, 2016, is hereby updated to reflect the change effected by the above amendment and shall come into force with immediate effect.
(Dr. S. K. Kar)
Chief General Manager