Money Laundering

money launderingFinancial institutions across the globe are under increased regulatory scrutiny to comply with anti-money laundering and counter terrorist financing policies and procedures. In the past decade, they have witnessed significant enforcement actions and penalties for non-compliance with respect to money laundering and terrorist financing. This section provides the views, opinions and related articles on the subject of Money Laundering.

Trade Based Money Laundering related to Iran

Iran
Introduction of Iran Economy Iran as an economy is one of the most controversial economy. Iran is considered as a country of primary concern in...

Trade Based Money Laundering in North Korea in a NUTSHELL

North Korea is one of those 10 Countries who have sanctions imposed by all World Authorities i.e. UN, EU and US. Yes this is...

Beneficial Interest Notification by Ministry of Company Affairs

In an important development, Ministry of Company Affairs notified the rules of Beneficial interest identification and reporting. The...

More Shell companies on SFIO Radar

In an interesting development, the Ministry of Company Affairs which governs the registrations of the companies in India identified 18 more companies which are...

How did Indian Government Zeroed on only 6000 companies as Shell

Shell Companies is a Buzz word in the Indian compliance professionals. There is significant activity in the Indian Corporate world. The Revenue authorities have...

Forensic Audits ordered for 3 more companies

Regulator Securities and Exchange Board of India (SEBI) has ordered an audit of three more firms Mumbai Based Indian Infotech and Software, which was...