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.

Stock Market Regulator of India orders Forensic Audit of Shell Companies

India's Stock Markets regulator, Securities Exchange Board of India (SEBI) has ordered forensic audit of three firms Mumbai Based Trinity Tradelink, Chennai based Info–Drive...

40% SEBI Banned Shell Companies are traced in Kolkata

Indian Securities regulator imposed restrictions on 331 shell companies, out of which more than 40% are registered in Kolkata alone. Why Kolkata ? Kolkata is a...

Movers and Shakers of SEBI Banned Shell Company List

Securities Exchange Board of India, the stock market regulator penalised 331 listed companies by imposing restrictions on trading. Some companies which SEBI named in...

Indian Securities Regulator Bans 331 Entities as shell companies

Indian Securities Regulator has imposed trading restrictions on 331 listed entities identified as shell companies. A surprise move that was declared by the regulators as the part of...

Textile firms in Laundering

The Directorate of Revenue Intelligence (DRI) is learnt to have unearthed a fraud involving at least half a dozen textile exporters who allegedly laundered...

The deep roots of shell companies in India

Problem of Shell companies is widespread.Identifying these companies have became a challenge for the enforcement and investigative agencies as they are used in the...