(1) An index organization operating in Nepal or abroad under the same group or an index organization establishing an organization with a branch office or majority ownership in a foreign country shall prevent money laundering and financial investment in terrorist activities in accordance with this Act or the rules made under this Act or the guidelines issued or the instructions given. The related provisions must be followed in a group. Explanation: For the purposes of this section, "majority ownership" means ownership of fifty percent or more. (2) The indicator organization according to sub-section (1) includes the following topics related to money laundering and prevention of financial investment in terrorist activities. Group policies and procedures should be created and implemented:- (a) Identification and verification of customers and exchange of information related to risk management related to financial investment in money laundering and terrorist activities, (b) Customer, transaction, account, audit as determined by the regulatory body, (3) Sub-section (3) Sub-section (3) Sub-section (3) Sub-section (3) Sub-section (3) Sub-section (3) Sub-section (3) of sharing information including programs related to prevention of financial investment in group compliance and money laundering and terrorist activities, and (c) the use of information shared in accordance with clause (a) or (b). If there is difficulty in complying with the provisions of (1) and (2) due to the law of the respective country, the indexing organization operating under the same group or the indexing organization establishing a branch office abroad or an organization with majority ownership shall inform the regulatory body and such organization shall not be involved in money laundering and terrorist activities. Additional measures shall be taken to manage the risk related to financial investment in the activity. (4) If the additional measures adopted in accordance with sub-section (3) are not sufficient to manage the risk related to financial investment in money laundering and terrorist activities, the branch office opened abroad or the organization established with majority ownership The regulatory body in section 7f. may take the following action or close such branch or institution.