11A. Verification of Identity by Reporting Entity . — (1) Every Reporting Entity shall verify the identity of… — THE PREVENTION OF MONEY -LAUNDERING ACT, 2002

[11A. Verification of Identity by Reporting Entity . — (1) Every Reporting Entity shall verify the identity of its clients and the beneficial owner, by—

4 [11A. Verification of Identity by Reporting Entity . — (1) Every Reporting Entity shall verify the identity of its clients and the beneficial owner, by— (a) authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016) if the reporting entity is a banking company; or

Section 4