The finance ministry has amended the Prevention of Money Laundering (Maintenance of Records) Rules, 2005, via a issued notification yesterday, extending the date for submitting
Aadhaar by existing account holders to financial entities till a date to be notified after the final judgement in the petition challenging Aadhaar pending before the
Supreme Court. This follows the interim order, dated 13th March, 2018 of the SC in the Aadhaar case, which extended the last date for linking Aadhaar with existing bank accounts from 31.03.2018 till the final judgement of the case. As per the existing rules relating to the Prevention of Money Laundering Act, account holders had to submit to specified financial entities their Aadhaar number by March 31, 2018. This essentially implies that submission of Aadhaar number by existing account holders to all financial institutions specified in the PMLA rules stands extended till further orders.