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3 days ago · India’s main money laundering risks originate from illegal activities within the country, these risks relate primarily to fraud, including cyber-enabled fraud, corruption and drug trafficking. India pursues money laundering related to fraud and forgery in line with predicate crime risks to a large extent, but less so with some other offences ...
2 days ago · Domestic Politically Exposed Persons (PEPs): The report urged India to define domestic PEPs under its anti-money laundering laws and improve identification and risk-based measures related to them. Delay in prosecution : The report noted delays in prosecution due to review petitions are still pending, which delays the resolution of cases under ...
2 days ago · "India pursues money laundering related to fraud and forgery in line with predicate crime risks to a large extent, but less so with some other offences such as human trafficking and drug trafficking.
1 day ago · It said between 2018 and the FATF team’s visit in 2023, the Enforcement Directorate (ED) was able to secure convictions in only 28 money laundering cases. “India should aim to reduce the number of pending trials in ML cases – both for new trials and for the backlog, addressing the low number of convictions associated ML cases and ...
1 day ago · FATF is the global money laundering and terrorist financing watchdog. Check here the Key Findings of FATF Report on India and Significance of the Observations ...
2 days ago · India’s journey toward improving its Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) frameworks is evident in its comprehensive approach towards FATF recommendations and compliance with international standards. Its focus is to not only prevent such illicit activities but also ensure strict penalties and sanctions for offenders.
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2 days ago · 'Unwarranted and misleading...' Haryana Elections: BJP’s first stress test since LS poll 2024. CM Mamata Banerjee blames Centre for 'sinking' Bengal
