The ED’s Prime Regulation Officer, Further solicitor Common Sv RajuOn thuresday recommended that the PMla must be amened to make angadias/hawala operators as ‘reporting entity’ underneath the legislation. To this point, hawala operations are demed Unlawful money transactions. The asg’s suggestion might carry them underneath a regulatory framework the place they’ve to debate the id of their purchasers and the advantages. If they’re made reporting entities underneath the PMla, they are going to be obligated to mainTain data of transactions and that depend be useful in probing cash path, the asg mentioned. Raju Added that Hawala Operators Can Be Seen as Aiding in Investigation of Cash Laundering Crimes Fairly than simply being made an accused.