Which of the following obligations are laid down by Section 12 of Prevention of Money Laundering Act 2002 on banking companies, financial institutions and intermediaries?  I. maintain a record of all transactions
II. maintain record of documents evidencing identity of its clients and beneficial owners
III. Keep all the information maintained or furnished as confidential

Section 12 of Prevention of Money Laundering Act 1) Every reporting entity shall: (a) maintain a record of all transactions, including information relating to transactions covered under clause (b), in such manner as to enable it to reconstruct individual transactions; (b) 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; (e) maintain record of documents evidencing identity of its clients and beneficial owners as well as account files and business correspondence relating to its clients.