Tag: Prevention of Money Laundering Act
Directorate attaches INR5.5bn in Amtek assets over fraud
The ED has attached Amtek Group assets worth INR5.5 billion for fraud
Guidelines for special courts in money laundering cases
The Supreme Court has laid down guidelines for special courts dealing with complaints filed by the Enforcement Directorate
How and when should arrests be communicated?
Supreme Court clarifies arrest procedure in Ram Kishor Arora v Directorate of Enforcement, ensuring compliance with PMLA and constitutional rights.
Ministry tightens reporting under Money Laundering Act
Widening the ambit of the Prevention of Money Laundering Act, the Finance Ministry has tightened the reporting norms for non-profit organisations and beneficial ownership rules
Crypto assets brought under anti-money laundering law
The government will add virtual assets to the Prevention of Money Laundering Act in a major step towards regulating the cryptocurrency market in India
