The proposed changes will alleviate the compliance burden on businesses, particularly for low-risk activities and entities, ...

The Enforcement Directorate (ED) provisionally attached three properties worth ₹10.11cr belonging to famous film director S Shankar. The action comes as part of an ongoing investigation under the ...

Similarly, research in Nigeria pointed out the government's failure to effectively enforce its Money Laundering (Prohibition) Act, which has hindered the country's economic potential and ...

Non-governmental organisations (NGOs) have applauded the recent parliamentary amendment to the Anti-Money Laundering Act, which removes them from the list of high-risk entities. This historic ...

New Delhi: The PMLA (Prevention of Money Laundering Act) is being used repeatedly to keep people in jail, the Supreme Court said today. A bench pulling up the Enforcement Directorate, said the law ...

The Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment ... the Sandbox by modifying the application of the Money Laundering, Terrorist Financing and Transfer of ...

Cayman’s Compliance Crackdown - Cayman Adopts UK-Style SAR Timelines Under The Proceeds Of Crime Act. Legal News and Analysis ...

Section 45 of the Prevention of Money Laundering Act, 2002, stipulates that bail may be granted to an accused only after the public prosecutor is given the opportunity to oppose the bail plea. However ...