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The PMLA amendment affects the CA, CS and CWA. The primary reason for this amendment can be that the government suspected these personnel of any potential involvement in money laundering and the legal framework was not sufficient enough to take action against these parties.

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Yash Chauhan is a law graduate from the University of Delhi and a skilled content writer at Corpseed. With a keen interest in the legal industry, he specializes in writing articles on contemporary legal developments, corporate compliances, business regulations, environmental circulars, and licensing procedures. His well-researched and insightful content provides valuable information to businesses and individuals navigating the legal landscape.

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