Cuckoo Smurfing instances are rising
Money laundering is generating huge money through criminal activities. These criminal activities include, drug trafficking, human trafficking, terrorist funding etc. the criminal generate a huge amount of money and...
Tracking the legal bits of Virtual Currency regulations in India
India's Apex Court finally lifted the ban on the crypto currency trading. It is important to understand the legalities involved in this crypto trading with the time lines.
Value of certification in Anti Money Laundering
“Is it worth my time and money to get CAME?”
The short answer to your question is yes, CAME certification can be of great value to you if you are trying to...
Compliance Certification courses in India
Indiaforensic offers Global Compliance Certifications in India. Ranging from Anti Money Laundering to Anti Corruption, Indiaforensic has pioneered certifications in Compliance.
Defining the Politically Exposed Persons
Politically Exposed Persons pose a bigger risk before the financial institutions in India.
Commonly used TBML Techniques
TBML techniques are becoming popular as an alternative remittance system that allows to move the proceeds of illegal activities disguised as legitimate trade. Trade provides ample opportunities to earn money over...
Certified Anti Money Laundering Expert Goes Global
Certified Anti Money Laundering Expert program offered by Indiaforensic Center of Studies. The program was initially designed for the Indian compliance professionals. In the year 2015 the program was revisited and...
Defining Heightened Risk Entities
Risk Assessment procedures of the banks require them to identify and classify the customer. Classification of High Risk Customers is one of the major challenges that every financial institution face.
In simple...
Penalty on Airtel Payments Bank for violation of KYC Norms
Based on the complaints and adverse media reports alleging that the Airtel Payments bank had opened customer accounts without a clear/specific consent of the customers, a supervisory visit to the bank...
KYC Violation by Indian Overseas Bank
Reserve Bank of India has imposed a penalty of ₹2 crore on Indian Overseas Bank (IOB) for violating Know Your Customer (KYC) norms. The Reserve Bank of India in its press release...
