Prevention of Money Laundering Act, 2002

Section - 72A - Interministerial Co-ordination Committee

[Interministerial Co-ordination Committee.

72A. The Central Government may, by notification, constitute an Inter-ministerial Co-ordination Committee for inter-departmental and inter-agency co-ordination for the following purposes, namely:-

(a)-operational co-operation between the Government, law enforcement agencies, the Financial Intelligence Unit, India and the regulators or supervisors;
(b)-policy co-operation and co-ordination across all relevant or competent authorities;
(c)-such consultation among the concerned authorities, the financial sector and other sectors, as are appropriate, and are related to anti money-laundering or countering the financing of terrorism laws, regulations and guidelines;
(d)-development and implementing policies on anti money-laundering or co .... To read the full section download the app from Google Play store