Which information should be preserved by the banks under Prevention of Money Laundering Act, 2002?

According to the Prevention of Money Laundering Act, 2002 requires every Bank shall- Maintain a record of all transactions, including information relating to transactions in such manner as to enable it to reconstruct individual transactions. Furnish to the Director within such time as may be prescribed, information relating to such transactions, whether attempted or executed, the nature and value of which may be prescribed. Maintain record of documents evidencing identity of its clients and beneficial owners as well as account files and business correspondence relating to its clients. Preserved information such as the nature of the transactions; the amount of the transaction and the currency in which it was denominated; the date on which the transaction was conducted; and the parties to the transaction. Every information maintained, furnished or verified, save as otherwise provided under any law for the time being in force, shall be kept confidential. The records shall be maintained for a period of five years from the date of transaction between a client and the reporting entity.