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PayPal is a payment system operator under PMLA; should comply with reporting entity obligations: Delhi High Court
The Court set aside the Financial Intelligence Unit's order imposing ₹96 lakh on PayPal for failing to register as a ‘reporting entity’ under PMLA.
Justice yashwant varma
Single judge justice yashwant varma
Settlement system act
Delhi high court
Financial intelligency unit
Fiu penalty on paypal
Reporting entity
Reporting entity under pmla
Paypal versus fiu
Delhi high court news
Delhi hc news
Delhi high court order
Delhi hc order
Payment system operator
Payment system operator under pmla
Section 12 pmla
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