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Prevention of Money Laundering Act

India's anti-money-laundering statute, which imposes transaction record-keeping and reporting duties on financial institutions.

Known aliases

  • PMLA

Relationships

No evidence-backed relationships are recorded.

Current clusters

build1 publisher

DPDP turns indefinite KYC retention into the risky default

India's data protection law runs alongside RBI's KYC directions with its own legal basis and its own penalties. The obligation that reaches furthest into a KYC stack is deletion that some service has to fire on a defined event.

Publishers:dev.to

Reality

Evidence30
Adoption
Insufficient
Hype gap+25
Incentives70
Confidence30