Verification of Identity Under Section 11A of the Prevention of Money Laundering Act (PMLA) The Prevention of Money Laundering Act (PMLA) requires reporting entities to ensure thorough identity verification of their clients and beneficial
Functions of the Enforcement Directorate (ED): A Comprehensive Overview The Enforcement Directorate (ED) plays a pivotal role in maintaining financial discipline and combating economic offences in India. As the enforcement arm under the Department
Punishment for Money Laundering Under the Prevention of Money Laundering Act (PMLA) The Prevention of Money Laundering Act, 2002 (PMLA) establishes stringent penalties for individuals or entities found guilty of engaging in money laundering
The Prevention of Money Laundering Act, 2002: A Comprehensive Overview The Prevention of Money Laundering Act, 2002 (PMLA) forms the backbone of India’s efforts to combat financial crimes and money laundering. It came into
