Finance Business

Money laundering is the unlawful process of presenting "dirty" money as legitimate rather than ill-gotten and there is a die-hearted need to prevent money...

Money laundering is an offence where a person through an illegal activity earns money and spends it in a lawful manner. The PMLA 2002 involves provisions f...

Money laundering is a tainted tactic used by criminals to hide the original source of illegally obtained money. Massive amount of money is obtained through...

Finance minister recently announced the setting up of India’s first ever bad bank. She said that National Asset Reconstruction Company Limited is already...

The Insurance regulatory body- Insurance Regulatory and Development Authority of India recently issued a guidance document on Cyber insurance. The cyber ri...

The RBI recently proposed to tighten Overseas Direct Investments and financial commitments by Indian businesses, and the regulator has proposed to liberali...

Buyers and sellers in international commerce are placed some distance away and are entirely uninformed of one other's financial condition and integrity. Th...

Compounding refers to settlement of the offence committed by the contravener by imposing monetary penalty instead of going to litigation. It is a voluntary...

The Prevention of Money Laundering Act (PMLA 2002) was introduced to prevent the crime of legalizing the income or profits made from an illegal source. Und...

Money laundering involves disguising or concealing the illicit income and make it look legitimate. To curb such instances, Prevention of Money Laundering A...

Money laundering involves earning money through illegal sources such as Corruption, Organized Crime, narcotics trade etc. It deprives government of the leg...

Money laundering is a tainted tactic of disguising or concealing illicit income to make it look like legitimate. This tactic has been employed worldwide to...